Liquid Network said it has launched an independent security audit of Elements v23.3.4 and is coordinating changes to the authorization keys used in its withdrawal process. The network said the work marks another step toward restoring Bitcoin peg-out operations. The update was disclosed in its ecosystem update published on Sept. 28. Techub carried the item and cited Crypto.news as the source. No further technical details, timeline for completion, or date for resuming cross-chain withdrawals were provided in the brief. The announcement centers on two concrete actions already under way: the external review of the software version and the coordinated key changes tied to withdrawals. Together, those measures were presented by the network as progress toward bringing peg-out functionality back online.
Liquid Network said it has begun an independent security audit of Elements v23.3.4 and is coordinating changes to the authorization keys used in its withdrawal process, a move it described as another step toward restoring Bitcoin peg-out operations.
The network disclosed the update in its ecosystem report on Sept. 28. Techub reported the development, citing Crypto.news.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
