LBTC

2 articles

Liquid Network Restores 1:1 Bitcoin Backing After $320M Exploit

Crypto Economy 1 hour ago

TL;DR Liquid Network restored 1:1 Bitcoin backing for all LBTC two months after an exploit drained about 4,000 BTC, worth roughly $320 million, from the Federation wallet. Around 3,400 BTC…

Bitcoin

Liquid Network Restores Bitcoin Backing After Major Hack

Bitcoinist 3 hours ago

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.…

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Liquid Network Restores 1:1 Bitcoin Backing After $320M Exploit

Liquid Network Restores Bitcoin Backing After Major Hack

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