diff --git a/cronjobs/liquid_payout.php b/cronjobs/liquid_payout.php
deleted file mode 100755
index a0c9be13..00000000
--- a/cronjobs/liquid_payout.php
+++ /dev/null
@@ -1,72 +0,0 @@
-#!/usr/bin/php
-<?php
-// Change to working directory
-chdir(dirname(__FILE__));
-
-// Include all settings and classes
-require_once('shared.inc.php');
-
-// Simple configuration check
-if (!is_array($config['coldwallet'])) {
-  $log->logFatal('Missing config option: coldwallet');
-  $monitoring->endCronjob($cron_name, 'E0075', 1, true);
-}
-
-// Check RPC connection
-if ($bitcoin->can_connect() !== true) {
-  $log->logFatal('Unable to connect to RPC server, exiting');
-  $monitoring->endCronjob($cron_name, 'E0006', 1, true);
-} else {
-  // Check Wallet Balance
-  $dBalance = $bitcoin->getbalance();
-  $log->logDebug('The wallet balance is: ' .$dBalance);
-
-  // Do we have anything available at all?
-  if (! ($dBalance > 0)) {
-    $log->logInfo('No coins available in wallet');
-    $monitoring->endCronjob($cron_name, 'E0076', 0, true, false);
-  }
-
-  // Check for POS Mint
-  $dGetInfo = $bitcoin->getinfo();
-  if (is_array($dGetInfo) && array_key_exists('newmint', $dGetInfo)) {
-    $dNewmint = $dGetInfo['newmint'];
-    $log->logDebug('Current Mint is: ' . $dNewmint);
-  } else {
-    $dNewmint = -1;
-  }
-}
-
-// Fetch locked balance from transactions
-$dLockedBalance = $transaction->getLockedBalance();
-$log->logDebug('The locked wallet balance for users is: ' . $dLockedBalance);
-
-// Fetch Final Wallet Balance after Transfer
-$dFloat = $dLockedBalance + $config['coldwallet']['reserve'];
-$dThreshold = $config['coldwallet']['threshold'];
-$log->logDebug('The locked wallet balance + reserves amounts to: ' . $dFloat);
-
-// Send Liquid Balance
-$sendAddress = $config['coldwallet']['address'];
-$send = $dBalance - $dFloat ;
-$log->logDebug('Final Sending Amount is : ' . $send);
-
-if($send > $dThreshold) {
-  if (!empty($sendAddress)) {
-    try {
-      $bitcoin->sendtoaddress($sendAddress, $send);
-    } catch (Exception $e) {
-      $log->logFatal('Failed to send coins to address, skipping liquid assets payout:' . $e->getMessage());
-      $monitoring->endCronjob($cron_name, 'E0077', 1, true);
-    }
-    $log->logInfo('Sent out ' . $send . ' liquid assets');
-  } else {
-    $log->logDebug('No wallet address set');
-  }
-} else {
-  $log->logDebug('Final sending amount not exceeding threshold: ' . $send);
-}
-
-// Cron cleanup and monitoring
-require_once('cron_end.inc.php');
-?>
diff --git a/public/include/config/global.inc.dist.php b/public/include/config/global.inc.dist.php
index fb7e22e2..900ca7de 100644
--- a/public/include/config/global.inc.dist.php
+++ b/public/include/config/global.inc.dist.php
@@ -50,15 +50,6 @@ $config['wallet']['host'] = 'localhost:19334';
 $config['wallet']['username'] = 'testnet';
 $config['wallet']['password'] = 'testnet';
 
-/**
- * Cold Wallet / Liquid Assets
- *  Automatically send liquid assets to a cold wallet
- *   https://github.com/MPOS/php-mpos/wiki/Config-Setup#wiki-liquid-assets--cold-wallet
- **/
-$config['coldwallet']['address'] = '';
-$config['coldwallet']['reserve'] = 50;
-$config['coldwallet']['threshold'] = 5;
-
 /**
  * Getting Started Config
  *  Shown to users in the 'Getting Started' section