Threshold pauses tBTC minting and redemptions as a security precaution


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Promote with Leviathan NewsThe pause affects new BTC deposits, tBTC minting, and Bitcoin redemption requests through the Threshold app while security maintenance is completed. Pending redemptions may still be paid on Bitcoin, but final settlement on Ethereum is paused and some transactions may be delayed. Users are advised not to send BTC to previously generated deposit addresses, not to use alternative interfaces, and to keep deposit receipts and transaction hashes rather than repeating transactions. Holding, transferring, and using tBTC remain unaffected. No estimated time for resuming normal operations was given.
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First post (Leviathan +9.1 h later) Ā· @TheTNetwork Ā· @wublockchain12
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