Liquid Network Restores Bitcoin Backing After Major Hack
Liquid Network has restored full Bitcoin backing for its LBTC tokens, marking a vital recovery milestone nearly two months after a security exploit drained $320 million from the Bitcoin sidechain. The Liquid Federation confirmed on November 3 that its reserves once again match the amount of LBTC in circulation,…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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