1 hour ago

Liquid Network Fully Restores Bitcoin Reserves, Reinstating 1:1 LBTC Backing

TLDR: The Liquid Federation says the network’s bitcoin reserves are fully restored, backing all LBTC 1:1. BTC and LBTC swaps returned weeks earlier, letting users move between networks at a 1:1 rate.  Reserves can be verified through Proof of Reserves on Liquid nodes or the liquid.network dashboard. The Federation plans governance changes, clearer oversight, and [...]

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Source: Blockonomi →