tBTC Bridge Restores On-Chain Operations, Threshold Network Says Reserves Were Always Fully Backed

Odaily Report: According to Threshold Network monitoring, the tBTC bridge has resumed on-chain operations after completing security maintenance. Node operators are reconnecting to the network through the patched system, and as more node operators come online, the tBTC bridge will fully return to normal operation. Threshold Network stated that redemption requests and deposits submitted before the service suspension remain safe and will be processed once operators reconnect. tBTC has always remained fully collateralized, with approximately 4,320 BTC held in the bridge wallets, corresponding to approximately 4,185 tBTC in circulation. Once enough operators are online and able to process deposits, minting, and redemption operations in a timely manner, the tBTC bridge user interface will reopen.