Liquid’s Bitcoin Reserves Fully Back Its Tokens Again as Board Member Points to Blockstream

Bitcoin sidechain Liquid Network once again holds enough bitcoin to back every LBTC token in circulation, the Liquid Federation announced on X early Tuesday, closing a gap of roughly 600 BTC that had stayed open since an exploit in September. The Federation said its reserves had been “fully restored, reestablishing 1:1 BTC backing for all LBTC.” Its post did not say who supplied the bitcoin or how much was added. Samson Mow , a Federation board member who previously worked at Blockstream, said on Monday on X that Blockstream provided the funds. Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter .

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