Liquid Network Restores Bitcoin Reserves After September Hack
The Bitcoin sidechain has replenished its LBTC token reserves following a security breach.
The Bitcoin sidechain has replenished its LBTC token reserves following a security breach. Bitcoin (BTC) is trading at ₹73,19,274 ($77,103.00), up 0.2% since this brief published. This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Tue, 03 Nov 2026 11:30:01 UTC.
The restoration of full bitcoin backing for LBTC tokens is crucial for reestablishing trust in the Liquid Network after the September hack, which undermined confidence in the sidechain's security and stability.
- Liquid Network has added 250 BTC to restore its bitcoin reserves.
- LBTC tokens are now fully backed by bitcoin again.
- The network suffered a hack in September, causing a shortfall in reserves.
- OKX's Bitcoin Reserves Surge $1B Amid Binance's $6.3B Hack
- Liquid Network Restores Bitcoin Reserves After September Hack — this brief
The Liquid Network, a 
Bitcoin sidechain that experienced a security breach in September, has announced the restoration of its bitcoin (BTC) reserves. The network has added 250 BTC to its reserves, which fully replenishes the shortfall caused by the hack.
As a result of this development, the network's LBTC token is now fully backed by bitcoin again. This is a significant step in reestablishing trust in the Liquid Network after the hack, which had raised concerns about the security and stability of the sidechain.
The Liquid Network is a sidechain that allows for faster and more confidential Bitcoin transactions. The September hack, which resulted in the loss of a portion of the network's bitcoin reserves, was a significant blow to the network's reputation.
The broader crypto market remains in a downturn, with Bitcoin trading at $76,947, down 1.25% in the last 24 hours and 3.52% over the past week. The total crypto market cap is $2.65 trillion, and the Fear & Greed Index stands at 26, indicating a state of fear among investors.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from ₹73,04,465.14$76,947.00 to ₹73,19,273.99$77,103.00 — +0.20%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $57,500 in November?
Crowd-implied probability on Polymarket, ₹20.62M 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 3 10:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.08M (about $77,103.00), down 0.9% over 24 hours. The rupee itself trades about 10.5% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Liquid Network Restores Bitcoin Reserves After September Hac — questions & answers
How much bitcoin was added to the Liquid Network's reserves?
The Liquid Network added 250 BTC to its reserves.
What was the impact of the September hack on the Liquid Network?
The September hack caused a shortfall in the network's bitcoin reserves and undermined confidence in the network's security.
What is the current state of the crypto market?
The total crypto market cap is $2.65 trillion, with Bitcoin at $76,947, down 1.25% in the last 24 hours.
How much is 1 Bitcoin worth in rupee today?
About ₹8.08M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $77,103.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.20% since this brief first published — trading at ₹73,19,274 ($77,103.00) now versus ₹73,04,465 ($76,947.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.