SideSwap has resumed its service converting Liquid Bitcoin (L-BTC) to Bitcoin (BTC), paying out over 60 BTC across about 600 peg-outs by October 21. This service offers holders a way to convert L-BTC while the Liquid Federation's direct peg-outs remain restricted following a security incident in September. SideSwap charges a 0.1% fee and pays users from its own Bitcoin wallet, which it refills through bulk swaps. The Liquid Federation is working to restore full backing and security before reactivating direct peg-outs but has not set a date yet.
SideSwap's recent activity converting Liquid Bitcoin to Bitcoin provides context for cryptocurrency market trends. For readers following major cryptocurrencies on Pluang, as of Oct 22, 2026 01:51 WIB, 42 out of 50 major cryptocurrencies rose while 7 fell. Notably, Solar (SXP) dropped sharply by 46.27% to Rp37 with a typical hold time of 94 days, contrasting with Balancer (BAL) which gained 11.14% to Rp16,297 and has a shorter hold time of 85 days. Basic Attention Token (BAT) fell 11.59% to Rp3,262, with a Pluang order activity skewed 57% Sell to 43% Buy and a typical hold time of 93 days.
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