Tuesday, October 27, 2026Daily EditionIndependent journalism
BeCrypto NewsIndependent digital asset reporting
BTC $80,817 +1.15%ETH $2,353.08 +1.58%SOL $101.55 +1.14%XRP $1.34 +2.87%BNB $744.32 +0.28%DOGE $0.0791 +1.98%Prices: CoinGecko,
Bitcoin

Samson Mow says Liquid’s 600 BTC shortfall will be covered within days

Image: Crypto Briefing

The JAN3 CEO says the gap left by September's Elements exploit is about to close, with Blockstream pledging to make users whole Liquid Network’s Bitcoin reserves are nearly whole again. JAN3 CEO Samson Mow says the sidechain’s remaining shortfall of 600 BTC will be fully covered in the coming days. The latest movement came on October 27, 2026. A test transaction of 2.53048101 BTC landed in the Liquid federation wallet. The precision of that figure is the point. Test transfers are how custodians confirm the plumbing works before sending the big money through. After that deposit, the federation wallet holds roughly 3,649 BTC. Circulating against it are 4,249 L-BTC, the token meant to represent Bitcoin on Liquid. That works out to about 85.88% coverage.

Read the full story on Crypto Briefing

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Briefing.

Latest in Bitcoin

All Bitcoin stories