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Liquid Network Restores Full Bitcoin Backing After Elements Exploit
(20 hours ago) · 3 sources · Summarized by CryptoBipto
The Liquid Network has restored full Bitcoin backing following an exploit related to the Elements codebase. The incident had raised concerns about the security of funds held on the Bitcoin sidechain. Full backing has now been confirmed as restored.
WHY IT MATTERS
Think of the Liquid Network like a coat check at a restaurant.
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SOURCES
- thedefiant.io
- decrypt.co
- theblock.co
RELATED
BTCBitcoin SidechainsLiquid NetworkSecurity ExploitElements Codebase