Liquid’s bitcoin IOUs are fully backed again after a $320 million exploit
Summary
The Liquid network has fully backed its bitcoin IOUs following a significant September security breach. A final transfer of bitcoin successfully resolved the financial deficit created by the exploit. However, the organization managing the network has not disclosed the source of the funds used to cover the loss.
A final 250 BTC transfer closed the hole left by September’s bug, but the federation behind the network still hasn’t said who paid to fill it.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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