Crypto

Liquid Network Restores Full Bitcoin Backing Two Months After $320M Exploit

Summary

The Liquid Network has successfully restored its complete Bitcoin backing following a major exploit earlier this year. Blockstream leadership confirmed that security measures for the sidechain have been significantly strengthened. Additionally, developers were advised to exercise caution when reviewing code solutions generated by artificial intelligence.

Blockstream CEO Adam Back said the sidechain's defenses have been hardened, and warned developers not to trust AI-suggested fixes blindly.

Source: Read the full story at Decrypt

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