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Hacks & Security Unverified First seen

Liquid Bitcoin Redemptions Frozen With 85.8% Reserve Coverage

The Defiant reports that Liquid Bitcoin redemptions remain frozen with 85.8% reserve coverage and a reserve gap of about 603 BTC, and that peg-outs require full backing and completed security reviews before restarting.

Why “Unverified”

  • Reported by The Defiant alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 52/100. How labels work

Market around the story

  • BTC Still being measured. The price reaction is recorded six hours after the first report, around .

What the sources claim

  1. Liquid Bitcoin redemptions remain frozen with 85.8% reserve coverage. BTC

    “Liquid Bitcoin Redemptions Remain Frozen With 85.8% Reserve Coverage”
    The Defiant
  2. The reserve gap is about 603 BTC. BTC

    “The reserve gap is about 603 BTC.”
    The Defiant
  3. Liquid says peg-outs require full backing and completed security reviews before they can restart. BTC

    “Liquid says peg-outs require full backing and completed security reviews before they can restart.”
    The Defiant

Sources

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Summary and claims extracted by AI with prompt analyze-story@3 on 2026-10-11 16:00 UTC. Labels are computed from the sources, not by the model.