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SOL/USD $142.80 -0.6%
BNB/USD $605.20 +0.9%
XRP/USD $0.62 -1.2%
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Bitcoin

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

AnonymousCryptoCompass newsroom
November 3, 2026
1 min read
NEWS
Liquid Network Restores Full Bitcoin Backing After $320M Exploit
CryptoCompass editorial visual for bitcoin coverage.

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.

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