Liquid Federation has fully restored the Bitcoin reserves backing its Liquid Bitcoin token (LBTC) after a previous shortfall. This restoration means all LBTC tokens are now 1:1 backed by Bitcoin reserves, ensuring users can transfer between Bitcoin (BTC) and LBTC at an equal rate. Transfers are facilitated through participating swap providers, allowing seamless movement between the Bitcoin network and Liquid sidechain. This update reassures users of LBTC's full reserve coverage and the reliability of the transfer mechanism.
Liquid Federation's restoration of Bitcoin reserves backing LBTC provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Nov 03, 2026 10:21 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. EOS gained 8.13% to Rp12.649, contrasting with BAT's 9.11% drop to Rp2.233 and AAVE's 7.49% decline to Rp2.267.830, with typical hold times ranging from 87 to 106 days and varying Pluang order activity.
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