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Threshold Restarts tBTC Bridge On-Chain Operations After Maintenance

About 4,320 BTC back 4,185 tBTC in circulation; the user interface remains closed until more operators are online.

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A steel bridge model reconnects two platforms under focused light / TokenPost.ai
A steel bridge model reconnects two platforms under focused light / TokenPost.ai

Threshold Network has restarted on-chain operations for its tBTC bridge after security maintenance, restoring network activity while the user interface remains closed until more operators return.

tBTC remained fully backed throughout the service interruption. The bridge wallet holds about 4,320 Bitcoin (BTC), compared with roughly 4,185 tBTC in circulation.

Node operators are reconnecting through repaired systems. Deposits and redemption requests submitted before the interruption remain safe and will be processed as operators return.

On-chain activity has resumed ahead of the user interface, leaving users unable to start new bridge transactions through it for now. The interface will reopen after enough operators are online to handle deposits, minting and redemptions promptly.

Until then, Threshold urged users not to send BTC to previously generated deposit addresses or resubmit pending transactions. Once the interface is back, users should start new deposits and use new addresses rather than reuse earlier ones.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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