๐จ DeFi SECURITY ALERT: Aave & Gauntlet Limit $136M in tBTC Exposure!
Threshold Network has temporarily paused new $BTC deposits, tBTC minting, and redemptions due to security maintenance.
What happened?
๐น Aave froze approximately $136.6M worth of tBTC collateral.
๐น Gauntlet added its tBTC-backed lending market to an emergency exclusion list.
๐น New deposits and borrowing are restricted.
๐น Repayments and withdrawals remain available.
Why does this matter?
This situation highlights the risks of wrapped Bitcoin and cross-chain bridges in DeFi.
โ ๏ธ Important: Threshold says tBTC remains fully backed, but the security maintenance raises questions that still need clear answers.
Stay informed. Protect your assets. Never ignore DeFi security risks.
#BTC #AAVE #DeFi #CryptoSecurity #tBTC
Threshold Network has temporarily paused new $BTC deposits, tBTC minting, and redemptions due to security maintenance.
What happened?
๐น Aave froze approximately $136.6M worth of tBTC collateral.
๐น Gauntlet added its tBTC-backed lending market to an emergency exclusion list.
๐น New deposits and borrowing are restricted.
๐น Repayments and withdrawals remain available.
Why does this matter?
This situation highlights the risks of wrapped Bitcoin and cross-chain bridges in DeFi.
โ ๏ธ Important: Threshold says tBTC remains fully backed, but the security maintenance raises questions that still need clear answers.
Stay informed. Protect your assets. Never ignore DeFi security risks.
#BTC #AAVE #DeFi #CryptoSecurity #tBTC
