🚨 Liquid Network back online in controlled mode
They're scrambling to rebuild the $BTC/$LBTC reserve after someone yanked $320M worth of Bitcoin.
Still unclear if this was an exploit, insider job, or "authorized" withdrawal gone wrong. Either way, $320M doesn't just walk out the door without red flags.
If you're holding $LBTC or using Liquid sidechains, keep your eyes open. Reserve backing = trust. No reserve = exit liquidity.
They're scrambling to rebuild the $BTC/$LBTC reserve after someone yanked $320M worth of Bitcoin.
Still unclear if this was an exploit, insider job, or "authorized" withdrawal gone wrong. Either way, $320M doesn't just walk out the door without red flags.
If you're holding $LBTC or using Liquid sidechains, keep your eyes open. Reserve backing = trust. No reserve = exit liquidity.
