Liquid’s Bitcoin Reserves Fully Back Its Tokens Again as Board Member Points to Blockstream
By Unchained
AI summary of the source article
Liquid Network's bitcoin reserves have been fully restored to re-establish a 1:1 backing for all LBTC tokens, closing a roughly 600 BTC deficit from a September exploit. Board member Samson Mow stated that Blockstream provided the funds.
Key facts
- Liquid Network's reserves were fully restored, closing a roughly 600 BTC gap resulting from a September exploit.
- Federation board member Samson Mow stated that Blockstream provided the funds to restore the backing.
- Liquid's dashboard API showed 4,270.54 BTC held in reserves against 4,270.54 BTC pegged into Liquid.
Source excerpt · Unchained
The Liquid Federation says the roughly 600 BTC hole left by September's exploit is filled. The post Liquid’s Bitcoin Reserves Fully Back Its Tokens Again as Board Member Points to Blockstream appeared first on Unchained .