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Liquid Network restores full Bitcoin backing after September hack
The Liquid Network announced on November 3 that its Bitcoin reserves are fully restored, reestablishing a 1:1 peg for LBTC tokens.
- The attack exploited a vulnerability in the Elements software that underlies Liquid.
- Users have regained access to BTC‑LBTC swaps via participating providers.
US crypto funds record heavy outflows at start of November
South Korea calls emergency meeting after massive $6.3 billion Binance hack
US spot Bitcoin funds record large outflows at start of November
Estimated theft from European union entity reaches over 133 million dollars
Blockchain investigator ZachXBT increased his estimate of a suspected crypto theft from an unidentified European Union entity to over $133 million. He traced an additional $27 million in exchange withdrawals.
Bitcoin drops and markets face volatility before midterm elections
Bitcoin prices dipped below $77,000 ahead of the United States midterm elections. The broader crypto market experienced downward pressure alongside ongoing global financial market volatility.
New Jersey drops staking lawsuit against Coinbase and lifts ban
New Jersey rescinded its cease-and-desist order against Coinbase and dropped its staking lawsuit. Residents can resume staking on the exchange soon.
Binance survives massive security breach as markets process billions in outflows
Binance suffered a $6.3 billion hack, but covered the loss and froze about $3 billion with partners. Bitwise CIO Matt Hougan noted the event stems from traditional cybersecurity issues rather than blockchain flaws.
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