Liquid restores BTC backing as Adam Back warns developers not to trust AI-suggested fixes

Following a September exploit that drained about $320 million in BTC and left a gap in its reserve, the Liquid Federation has now announced that it has restored full 1:1 Bitcoin for LBTC. The missing coins were reportedly supplied by Blockstream. LBTC is the token that represents Bitcoin on Blockstream’s sidechain. Blockstream filled the reserve...