Update
Liquid Bitcoin Redemptions Update
Liquid Bitcoin Redemptions have been frozen with an 85.8% reserve coverage. The reserve gap is approximately 603 BTC. Liquid has stated that peg-outs will only restart after full backing and completed security reviews. This update reflects Liquid's commitment to maintaining stability and security in its operations, particularly in relation to Bitcoin redemptions. The freeze on redemptions is a measure to ensure the integrity of the system and prevent potential risks associated with the current reserve levels.