tBTC bridge partially resumes on-chain operations, roughly $120 million Aave reserve remains frozen
Odaily Report: Threshold Network's tBTC bridge has partially resumed on-chain operations after a 9-day pause, with node operators who patched the security vulnerability now reconnecting to the network. Requests submitted during the pause are expected to be processed gradually; new deposits, minting, and redemptions remain unavailable, and Threshold has not announced a timeline for full restoration.
Lending protocol Aave froze approximately $120 million in tBTC reserves on Ethereum mainnet on October 31, suspending new deposits and the ability to increase borrowing capacity using tBTC; existing users can still withdraw and repay loans. Risk provider LlamaRisk said it will propose lifting the restrictions once Threshold's operations return to normal.
Threshold stated that no exploitation of the Linux kernel vulnerability was found during the pause, nor were any unauthorized Bitcoin transfers or token minting detected. The bridge wallet holds approximately 4,320 BTC, while tBTC in circulation is approximately 4,185.
