Threshold Network: tBTC Cross-Chain Bridge Resumes Onchain Operations; Full Service Still Pending Node Operators to Come Back Online

on November 9, Threshold Network announced that the tBTC cross-chain bridge has completed security maintenance and resumed on-chain operations. Currently, node operators are reconnecting through the patched system, and as more nodes come online, the cross-chain bridge will gradually restore full service.

The official announcement stated that redemption and deposit requests submitted prior to the suspension are secure and will be processed sequentially as nodes recover. The cross-chain bridge wallet currently holds approximately 4,320 BTC, while circulating tBTC stands at roughly 4,185, with tBTC remaining fully backed by reserves.

The cross-chain bridge frontend interface will reopen once a sufficient number of nodes have been restored. Users are advised not to transfer BTC to old deposit addresses or resubmit pending transactions until further notice.