Aave Restricts New tBTC Deposits and Borrowing Collateralized by tBTC

TechFlow reports that on October 31, according to official Aave announcements, in response to Threshold's tBTC maintenance update, Aave has restricted new tBTC deposits and new borrowing collateralized by tBTC.

Aave stated that its contracts are unaffected, existing positions remain unchanged, and users can continue to repay and withdraw assets as normal; related new deposits and borrowing will resume after maintenance is completed.

Previously, Threshold stated that during security maintenance, new BTC deposits, tBTC minting, and new Bitcoin redemption requests via the Threshold app have been temporarily suspended.

Source: TechFlow