The Bitcoin cross-chain bridge tBTC has resumed on-chain operations, but its application remains paused.

TechFlow reported on November 9 that, according to The Defiant, Threshold Network said the Bitcoin cross-chain bridge tBTC has resumed on-chain operations after security maintenance, but its application remains paused for new BTC deposits, tBTC minting, and Bitcoin redemptions.

Operating nodes are reconnecting through the patched system. Once a sufficient number of nodes are online and able to process transactions in a timely manner, the application interface will reopen. Deposits and redemption requests submitted before the pause will be processed as nodes reconnect.

tBTC reserves in the Aave Ethereum core market remain frozen, with deposits totaling approximately $119.9 million. The restriction prevents new tBTC deposits and new borrowing collateralized by tBTC, but repayments, withdrawals, and liquidations remain available.

Source: TechFlow