NewsAltcoins & DeFi

tBTC bridge resumes, $120M Aave reserve frozen

Threshold Network's tBTC bridge has partially resumed operations after a 9-day security pause due to a Linux kernel vulnerability, but Aave's $120 million tBTC reserve remains frozen. This affects tBTC deposits, minting, and redemptions, as well as borrowing against the token. The bridge's restart is expected to process pending requests as more node operators come online.

Threshold Network's tBTC bridge has resumed on-chain operations after a 9-day security pause, with security-patched node operators reconnecting to restart the underlying network.

The bridge was halted on Oct. 30 to address a critical Linux kernel vulnerability, but Threshold found no evidence of exploitation against tBTC nodes. Aave froze its tBTC reserve on Oct. 31, restricting new deposits and borrowing power.

Roughly 4,320 BTC remains in bridge wallets, with about 4,185 tBTC in circulation and no unauthorized transfers detected. Aave risk provider LlamaRisk plans to propose restoring the reserve once Threshold's operations return to normal.

Source: cointelegraph.com

IMPA 6 of 10, its impact on the market: how it is scored.

Educational and informational content only. I am not a licensed financial advisor and nothing here is investment advice. Do your own research before making any decision.