Liquid Exchange Restores Bitcoin Swaps, Peg-Outs Remain Frozen

Liquid Exchange has restored swap functionality for Bitcoin, allowing users to exchange Bitcoin for other assets. This move comes after a period of suspension, which was implemented to protect the exchange's reserves. The exchange's reserves still cover about 85.8% of outstanding Liquid Bitcoin, leaving a roughly 603 BTC shortfall. The peg-out feature, which allows users to withdraw Bitcoin from the exchange, remains frozen for now. The exact timing for the resumption of peg-out transactions is not yet clear.