Bull Bitcoin restores Lightning and Liquid services during staged recovery
Wallet functionality and provider swaps returned with restrictions, while direct federation peg-outs remained a separate recovery stage.
Bull Bitcoin announced on October 20, 2026, that Lightning and Liquid services were returning to BULL Wallet. The restored functionality included wallet payments and L-BTC-to-BTC conversion, subject to transfer limits. The reverse BTC-to-L-BTC route was not available in the same way.
The restoration occurred within the Liquid network's staged recovery following an earlier security incident. Recovery updates distinguished provider-mediated BTC/LBTC swaps from direct federation peg-outs. Direct federation redemption remained tied to restoration of full backing, rather than being interchangeable with every service advertising a route back to BTC.
That distinction shaped the user's experience. Access to a wallet conversion service could improve liquidity without establishing that the entire underlying bridge had returned to its former operating state.
The October episode therefore represented a partial, bounded restoration. It reconnected users to specific payment and conversion functions while retaining restrictions and a separate path for later bridge recovery. Describing it simply as an unrestricted reopening would erase the conditions under which access returned.