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Purported White Hats Pull $320M From Liquid Reserve, Putting L-BTC Peg Under Scrutiny

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Liquid’s halt turned on the part of the network that matters most to L-BTC holders: the reserve mechanism behind its stated 1:1 Bitcoin peg. Nearly 4,000 BTC left the federation wallet through the peg-out path, while Liquid said the federat…

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Finance Magnates 1h ago

Purported White Hats Pull $320M From Liquid Reserve, Putting L-BTC Peg Under Scrutiny

Liquid’s halt turned on the part of the network that matters most to L-BTC holders: the reserve mechanism behind its stated 1:1 Bitcoin peg. Nearly 4,000 BTC left the federation wallet through the peg-out path, while Liquid said the federat…