Liquid Network's Bitcoin reserves are nearly restored after a September exploit created unbacked tokens. The network currently holds about 3,649 BTC against 4,249 L-BTC tokens, leaving a 600 BTC shortfall. JAN3 CEO Samson Mow announced this gap will be covered within days, with Blockstream pledging to absorb the loss rather than passing it to users. Full Bitcoin backing will allow direct withdrawals to resume, improving user confidence and liquidity on the Liquid sidechain.
Liquid Network's Bitcoin reserves update is the subject, with Pluang market data providing context. As of Oct 28, 2026 05:03 WIB, 34 of 50 major cryptocurrencies rose and 14 fell on Pluang. Notable movers include SNX at Rp3.637 (+3.24%), GRT at Rp409 (+3.12%), and SUSHI at Rp3.740 (+3.10%).
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