Update from the Liquid Federation:
The Liquid Federation is pleased to announce that the network’s bitcoin reserves have been fully restored, reestablishing 1:1 BTC backing for all LBTC.
This follows the restoration of BTC<>LBTC swaps several weeks ago, which have since allowed users to move between Bitcoin and Liquid at a 1:1 rate through participating swap providers. Together, these milestones represent significant progress in the Federation’s recovery efforts and reaffirm its commitment to the long-term security, stability and resilience of the Liquid Network.
As always, the network’s bitcoin reserves are independently verifiable. Users operating their own Liquid nodes can directly verify the Federation’s Proof of Reserves, while reserve balances and network activity can be monitored through the public dashboard at https://t.co/M46Zhn8nlY.
We extend our sincere appreciation to the Bitcoin community, Liquid users, and ecosystem partners for their patience, understanding, and continued engagement throughout the recovery process. Your support and involvement has been instrumental as we worked to restore the network’s reserves and strengthen its underlying infrastructure.
Strengthening the Liquid Network for the Future
Looking ahead, the Federation is advancing several important initiatives designed to strengthen the network’s long-term security, governance, and operational resilience.
These efforts include modernizing the governance structure, introducing clearer responsibilities and oversight, and implementing additional technical and operational safeguards to further protect the network and its participants.
More details on these initiatives and the Federation’s next steps will be shared in the coming weeks.
Restoring full bitcoin backing marks an important milestone, but our work continues. The Federation remains committed to building on the progress of recent years, advancing Liquid’s development, and strengthening the network’s resilience and accessibility for all participants.
Custody built for institutions, with keys protected even during signing.
Read the announcement: our enterprise custody solution, developed in collaboration with Thales.
https://t.co/XygMaBMHe0
Our CEO @adam3us on @CNBCOvertime: "going back to basics, cold storage, keep things off the internet."
Our new enterprise custody solution runs the entire Secure-MPC signing protocol inside Thales hardware security modules, so key material stays protected, even during signing.
That's a wrap on the Digital Assets Forum in New York.
Thank you to everyone who joined our workshops, to @adam3us for two sessions on the Blockstream Stage, and to @DAF_Global for hosting. 🇺🇸
A full room on the Blockstream Stage for Bitcoin's role in the future of finance.
Our CEO @adam3us with @JanvanEck3 and @danheld on why Bitcoin has wider uses than gold, its mathematical assurances in an uncertain world, and its four-year cycle.
Thanks, @DAF_Global. 🇺🇸
In an uncertain world, Bitcoin's mathematical assurances still matter.
Our CEO @adam3us on why: in the short term it may move with tech stocks, but over longer time frames it's relatively decorrelated.
With @JanvanEck3 and @danheld on the Blockstream Stage @DAF_Global. 🇺🇸
Happening now: Oz Ozturk and Vassili Lavrov on taking institutional digital asset infrastructure from strategy to delivery, in our workshop room at the Digital Assets Forum in New York. 🇺🇸
Go cold: air gaps, no internet connection and, for individuals, a hardware wallet with an offline backup.
Our CEO @adam3us on the lesson for custody, with @fintechfrank and Will Su of @BlackRock on the Blockstream Stage at @DAF_Global. 🇺🇸
You decide who sees what.
On Elements, confidential transactions hide the asset and amount by default. Share the unblinding key with your auditor or partner, and they can verify everything.
Igor Iochpa of Blockstream Enterprise, from our workshop at @DAF_Global. 🇺🇸
Confidentiality and visibility, on the same chain.
On Elements, transactions stay confidential while the sender, receiver and issuer can still view them.
@sagungarg of Blockstream Enterprise on why that matters for traditional markets. From our workshop at @DAF_Global. 🇺🇸
In 30 minutes: Oz Ozturk and Vassili Lavrov on building institutional digital asset infrastructure, from strategy and solution engineering through integration and deployment.
3:30 PM, in our workshop room at @DAF_Global, New York. 🇺🇸
https://t.co/l3NFMxFG4G
Take digital asset infrastructure from strategy to delivery.
Oz Ozturk and Vassili Lavrov walk institutions through solution engineering, development, integration and deployment with Blockstream.
Nov 13, 3:30 PM ET, Digital Assets Forum, New York.
On the Blockstream Stage now: our CEO @adam3us on securing Bitcoin for a post-quantum future, with Frank Chaparro and Will Su of BlackRock, at @DAF_Global Forum in New York. 🇺🇸
Happening now: Igor Iochpa and @sagungarg on tokenized assets, stablecoins and new financial products built on Elements, in our workshop room at @DAF_Global Forum in New York. 🇺🇸
In 30 minutes: our CEO @adam3us on Bitcoin vs. Quantum: Securing the Future of Digital Assets, with Will Su of BlackRock and Frank Chaparro.
2:25 PM ET on the Blockstream Stage at @DAF_Global, New York. 🇺🇸
Introducing our enterprise custody solution, developed in collaboration with Thales.
Our Secure Multi-Party Computation (Secure-MPC) runs the entire signing protocol inside Thales hardware security modules, so key material stays protected, even during signing.
https://t.co/0qIyE4gdev
In 30 minutes: @sagungarg and Igor Iochpa on growth opportunities on Bitcoin infrastructure: tokenized assets, stablecoins, collateral mobility and new products built on Elements.
1:30 PM, in our workshop room at @DAF_Global, New York. 🇺🇸
https://t.co/L4V23JTOFs
Tokenized assets, stablecoins and collateral mobility on Bitcoin-based infrastructure.
Igor Iochpa and @sagungarg show how financial institutions can build new products and services on Elements.
Nov 13, 1:30 PM ET, Digital Assets Forum, New York.
Can today's hardware wallets make post-quantum signatures?
@n1ckler of @blksresearch tested hash-based SHRINCS on devices including @BlockstreamJade: yes, in a few seconds to a minute and a half.
In principle, no new hardware needed. From our workshop at @DAF_Global. 🇺🇸
Bitcoin has wider uses than gold: it's electronic cash for the internet, it's programmable, it's easier to verify and it's simpler to move.
Our CEO @adam3us with @JanvanEck3 and @danheld on the Blockstream Stage at @DAF_Global, New York. 🇺🇸
On the Blockstream Stage: our CEO @adam3us with @JanvanEck3 and @danheld on Bitcoin's role in the future of finance, at the Digital Assets Forum in New York. 🇺🇸
The Digital Assets Forum opens today in New York.
@adam3us takes the Blockstream Stage at 10:40 AM and 2:25 PM ET, and our workshops run from 9:15 AM: enterprise custody with Thales, quantum security with @n1ckler, growth with @sagungarg, and strategy to delivery. 🇺🇸