Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI
Back to NewsFeeds

JAN3 CEO Samson Mow says 600 BTC reserve gap remains after test transaction

NewsFeeds update

Samson Mow says a 2.5 BTC test transaction has been sent to the Liquid federation wallet, cutting the reserve gap to 600 BTC, with the rest due to move in the coming days. Liquid Network says BTC-LBTC swaps reopened last week via AquaBitcoin, BULLBITCOIN and side_swap as part of a phased recovery.

BitcoinOdailyAIBearish

Read the original on Odaily

The story so far: Liquid Network reserve shortfall recovery

An attacker minted about 4,000 L-BTC without Bitcoin backing, cutting reserves; most tokens were returned. A final 250 BTC deposit on 2 November closed the gap, and SideSwap now shows 4,270.54 BTC backing an equal amount of L-BTC, though direct federation redemptions remain limited.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Liquid says reserve shortfall narrows to about 600 BTC after test transfer

  2. JAN3 CEO Samson Mow says 600 BTC reserve gap remains after test transaction

  3. Liquid Network says Bitcoin reserves fully restored, LBTC backed 1:1

  4. Liquid says 4,270.54 BTC now backs equal amount of L-BTC after September exploit

More Bitcoin updates

  1. Trader opens $11.4m seven-times leveraged Bitcoin long, Onchain Lens says

    BitcoinOdailyAIBullish

  2. Bitcoin breaks above $76,000, up 0.31% on the day

    BitcoinPANewsAIBullish

  3. Bitcoin and ether funding rates stay neutral as market steadies, CoinGlass data show

    BitcoinChainCatcherAINeutral

Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.