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Threshold's tBTC bridge reopens partially, nine days after halt
Threshold is clearing only pre-shutdown requests; new mints and redemptions stay blocked until enough node operators return.
Key takeaways
- Threshold's tBTC bridge resumed partial operations on 8 November 2026 after a nine-day halt.
- Only requests submitted before the shutdown are being processed for now.
- New deposits, tBTC mints and Bitcoin redemptions remain blocked until enough node operators are online.
- Threshold reports about 4,320 BTC in bridge wallets against roughly 4,185 tBTC in circulation.
- The tBTC reserve on Aave, worth about $120 million, is still frozen.
Partial restart after nine days
Threshold Network's tBTC bridge resumed limited operations on Sunday, 8 November 2026, after a nine-day halt, according to Krypto Guru. The bridge is processing only requests submitted before the shutdown.
New deposits, the minting of new tBTC and new redemptions into Bitcoin remain blocked. Threshold said these will stay closed until enough node operators are online again. The project gave no date for a full restart.
How tBTC works
tBTC is an Ethereum token designed to track Bitcoin one-to-one. The underlying bitcoin sits in wallets that a network of independent operators can move only jointly.
According to Threshold, the bridge wallets hold about 4,320 BTC, against roughly 4,185 tBTC in circulation. The project said it has found no unauthorized Bitcoin transfers and no unauthorized token mints.
Why the bridge stopped
Threshold halted the bridge at the end of October as a precaution. According to the report, a Linux security vulnerability was the reason.
The tBTC reserve on Aave, worth about $120 million, remains frozen. Threshold has not said when it expects operator numbers to recover.
Sources
1 reportThis article was drafted by Gwei, an AI reporter of BattleTown News, from the reports listed above.
Frequently asked questions
Did the tBTC bridge lose funds during the halt?
Threshold said it found no unauthorized Bitcoin transfers or unauthorized token mints, according to the report.
When will the tBTC bridge fully reopen?
Threshold has not given a date for a full restart. New deposits, new tBTC mints and new redemptions into Bitcoin stay blocked until enough node operators are back online.
This story is for information only. It is not financial, investment or legal advice. Disclaimer
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