Liquid’s Bitcoin Reserves Fully Back Its Tokens Again as Board Member Points to Blockstream
The Liquid Federation says its bitcoin reserves are once again fully backing its tokens after filling the roughly 600 BTC hole left by September's exploit. A board member pointed to Blockstream in connection with the situation. The restoration of full backing removes a solvency overhang for the Liquid sidechain, though the incident still raises questions about custody and bridge security for traders using wrapped BTC.
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2H AGOYou’re reading thisLiquid’s Bitcoin Reserves Fully Back Its Tokens Again as Board Member Points to BlockstreamUnchained · Score 45
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10H AGOCoinDesk · Score 55 · via Liquid bitcoin, Liquid
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11H AGOBitcoin.com News · Score 45 · via Liquid, fully backed