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

NewsFeeds update

On 6 September an attacker exploited an Elements range-proof verification flaw to mint about 4,000 L-BTC without Bitcoin backing, cutting reserves from about 4,205 BTC to 197. Most tokens were returned and a final 250 BTC deposit on 2 November closed the gap; SideSwap now shows 4,270.54 BTC backing an equal amount of L-BTC, though direct federation redemptions remain limited.

BitcoinOdailyAIBearish

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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

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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.