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Liquid Network fully restores bitcoin reserves, backing LBTC 1:1 again

Protocol Fundamentals
03 Nov 2026, 12:25 WIB
Blockonomi
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Bullish
Liquid Network fully restores bitcoin reserves, backing LBTC 1:1 again

The Liquid Federation announced that the Liquid Network has fully restored its bitcoin reserves, ensuring every LBTC token is backed 1:1 by BTC. This follows the earlier return of BTC and LBTC swaps, allowing seamless conversion between the two at a 1:1 rate. Users can verify the reserves independently via Proof of Reserves on Liquid nodes or through a public dashboard. The Federation plans to enhance governance, security, and operational safeguards soon, aiming to strengthen the network's long-term stability and resilience.

The Liquid Network's full restoration of bitcoin reserves ensures 1:1 backing of LBTC tokens by BTC. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Nov 03, 2026 16:41 WIB: out of 50 major cryptocurrencies, 7 rose and 42 fell today. Notable movers include LUNC (Terra Classic) at Rp0,731 with a 3.93% decline and a Pluang order activity of 28% Sell / 72% Buy, XLM (Stellar) at Rp2.930 with a 3.90% drop and 99% Sell activity, and ZIL (Zilliqa) at Rp32 down 3.62% with 63% Sell activity.

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