Liquid Network Restores Full Bitcoin Backing After $320M Exploit
Liquid Network, the Bitcoin sidechain launched by Blockstream, says its Bitcoin reserves are fully restored two months after an exploit drained about 4,000 BTC. The Liquid Federation, the gro
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AnonymousCryptoCompass newsroom
November 3, 2026
1 min read
NEWS
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Liquid Network, the Bitcoin sidechain launched by Blockstream, says its Bitcoin reserves are fully restored two months after an exploit drained about 4,000 BTC.
The Liquid Federation, the group of exchanges and crypto companies that runs the network, said this week that all LBTC is once again backed 1:1 by BTC. Blockstream CEO Adam Back posted a dashboard screenshot on X showing assets matching liabilities at 100%, with a reserve deficit of 0.00 BTC.
Galaxy Digital CEO Mike Novogratz bought roughly $9.9 million of his own company's stock this week. Novogratz acquired 760,000 Class A shares on Thursday in two batches, a regulatory filing s
Zcash has activated its major network upgrade, NU7, on mainnet at block height 3,543,405 on November 5. NU7 cut Zcash’s target block times by threefold (from 75 seconds down to 25 seconds). B
According to Elliptic’s report on November 6, hackers responsible for stealing $6.43 billion worth of coins from Binance have swapped stolen altcoins in the amount of $124 million for Bitcoin