Technology1 source
Liquid restores 1:1 Bitcoin backing, but wallet refills remain manual
Headline from CryptoSlate
Key points
- Liquid has restored its full 1:1 Bitcoin backing according to a report from SideSwap.
- Despite achieving full reserve backing for L-BTC, customer payouts continue to rely on SideSwap's independent Bitcoin wallet and require manual refill processes.
- Users should note that operational procedures for processing withdrawals still depend on these manual intervention steps.
Summarized automatically by Kryptokite from reporting by CryptoSlate. Read the original sources for full detail.
Coins mentioned
Sources
- CryptoSlateLiquid restores 1:1 Bitcoin backing, but wallet refills remain manual · 2 hours agoRead on CryptoSlate
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