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

Decrypt·November 3, 2026·1 min read
Liquid Network Restores Full Bitcoin Backing Two Months After $320M Exploit

Liquid Network has restored full Bitcoin backing two months after a $320 million exploit. Blockstream CEO Adam Back said defenses are hardened and warned developers not to trust AI-suggested fixes blindly. The sidechain's recovery marks a significant step in regaining user confidence after the September breach.

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