Liquid Bitcoin's Collateralization Issue Resolved Swiftly

A temporary issue with the Liquid Bitcoin (LBTC) dashboard showed undercollateralization due to outdated node software and incomplete visibility of federated wallets. According to NS3.AI, Adam Back, CEO of Blockstream and a member of the Liquid Network, confirmed that the problem was quickly resolved and that LBTC remains fully backed 1:1 with Bitcoin. The error occurred because old addresses were mistakenly counted, resulting in a temporary display of only 82.4% backing. However, independent dashboards have verified that full collateralization is maintained.