High Alert

Liquid Network at 86% Backing as Bitcoin Redemption Freeze Drags On

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Bitcoin.com
Liquid Network at 86% Backing as Bitcoin Redemption Freeze Drags OnWorldPing
Image via Bitcoin.com.

What happened

It has been 35 days since an attacker exploited a vulnerability in the Liquid Network’s Elements software, draining nearly 4,000 BTC from the protocol, and although 3,400 BTC has since been recovered, redemptions of LBTC for actual bitcoin remain sus…

Key facts

  • It has been 35 days since an attacker exploited a vulnerability in the Liquid Network’s Elements software, draining nearly 4,000 BTC from the protocol, and although 3,400 BTC has since been recovered, redemptions of LBTC for actual bitcoin remain sus…
  • Reported by Bitcoin.com and published Sun, 11 Oct 2026 15:45:36 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. More Orange: Saylor Hints at Growing Strategy’s 848K Bitcoin Stash

  2. Liquid Network at 86% Backing as Bitcoin Redemption Freeze Drags On

  3. Bitcoin hedge funds face a liquidation trap when their collateral is split across markets

  4. Bitcoin, Ethereum and Solana ETFs All in the Red for October

  5. Saylor teases Strategy Bitcoin buying after ending September with STRC buybacks

  6. Tokenized Stocks Show Real Demand But Remain Volatile and Illiquid, IMF Finds

  7. Bitcoin Price Eyes $85K, but Momentum Has Yet to Show Up

Sources

The original report was published by Bitcoin.com. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Bitcoin.com

Follow the story

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Related WorldPing coverage

Bitcoin Price Eyes $85K, but Momentum Has Yet to Show UpWorldPing
Bitcoin.com

Bitcoin Price Eyes $85K, but Momentum Has Yet to Show Up

Bitcoin’s price is holding near $83,770 on Oct. 11, 2026, after recovering from a recent low of $80,308, but the climb toward $84,000 is proving difficult. Short-term moving averages paint a mixed picture, while longer-term indicators remain largely positive.

Brief by WorldPing · Original reporting by Bitcoin.com