Good News, Finally: Liquid Network Restores Its Bitcoin Reserves
As crypto asset market participants and users jump from one hack story to another, the Liquid Network, a Bitcoin sidechain that suffered a hack in September, has finally restored its bitcoin (BTC) reserves. Its LBTC token is now fully backed by bitcoin again. “250 BTC added, closing out the remaining shortfall,” Samson Mow, Blockstream’s former […]
Key Takeaways
- As crypto asset market participants and users jump from one hack story to another, the Liquid Network, a Bitcoin sidechain that suffered a hack in September, has finally restored its bitcoin (BTC) reserves.
- Its LBTC token is now fully backed by bitcoin again.
- “250 BTC added, closing out the remaining shortfall,” Samson Mow, Blockstream’s former […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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