[Liquid: Network Bitcoin Reserves Fully Restored, All LBTC Backed to 1:1 BTC] According to official news, the Liquid Federation announced that its network Bitcoin reserves have been fully restored, and all LBTC has been restored to 1:1 BTC backing. In the preceding weeks, the BTC to LBTC exchange had been restored, allowing users to transfer between Bitcoin and Liquid at a 1:1 ratio through participating providers. Liquid stated that these milestones mark significant progress in the restoration process. Liquid indicated that the network Bitcoin reserves are independently verifiable, and users running Liquid nodes can directly verify proof of reserves. Reserve balances and network activity can be monitored through the official public dashboard. Moving forward, the Liquid Federation will further modernize its governance structure, clarify responsibilities and oversight, and implement more technical and operational safeguards.