Liquid Network restores full bitcoin backing after $320M exploit
Re-establishing 1:1 backing addresses the systemic risk that an unbacked bridged asset poses to Bitcoin sidechains.
Read at The Block →Full coverage · 11 outlets
- The Block · lead
- CoinDeskLiquid’s bitcoin IOUs are fully backed again after a $320 million exploit
- Yahoo FinanceLiquid Network Restores Full Bitcoin Backing Two Months After $320M Exploit
- DecryptLiquid Network Restores Full Bitcoin Backing Two Months After $320M Exploit
- KuCoinLiquid Network Restores 1:1 Bitcoin Backing After $320M Exploit
- ForkLogLiquid Network Restores Full L-BTC Backing After $320 Million Hack
- The CryptonomistBitcoin sidechain Liquid Network restores full backing after $320M exploit
- Bitcoin Foundation$320M Bitcoin Hack: What Really Happened to Liquid Network?
- Yellow.comLiquid Network Hackers Return 3,400 Bitcoin, 598 BTC Still Missing
- CryptoRankLiquid Network Restarts Block Production After $320M Bitcoin Exploit
- YahooLiquid’s Bitcoin Reserves Fully Back Its Tokens Again as Board Member Points to Blockstream