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Threshold Network Pauses New BTC Deposits, tBTC Creation and Redemption Requests

People who already hold tBTC can still hold, transfer and use the token.

Updated 1 min read
A customer holds a hardware wallet at a digital-asset custody counter in Seoul. / EconoTimes.ai
A customer holds a hardware wallet at a digital-asset custody counter in Seoul. / EconoTimes.ai

Threshold Network has paused new tBTC creation and redemption requests.

The bridge is not accepting new Bitcoin (BTC) deposits.

People who already hold tBTC can continue to hold, transfer and use their tokens, Threshold Network said.

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