Liquid Network halts Bitcoin redemptions with reserves at about 86% coverage
regulatory
Liquid Network has halted Bitcoin redemptions while its reported reserves cover about 86% of outstanding obligations. The shortfall means users may be unable to redeem L-BTC for Bitcoin until the gap is addressed, raising concerns about liquidity and confidence in the network’s peg. The issue is specific to Liquid and does not indicate a disruption to Bitcoin’s base network.
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