Threshold Network said its tBTC bridge was restarting onchain operations after a nine-day security pause, but the recovery remained incomplete: new bridge requests were still unavailable, and an Aave reserve holding about $120 million in tBTC remained frozen to new deposits and additional borrowing power.
The distinction matters for Bitcoin-backed DeFi exposure: a network restarting is not the same as users regaining every route in and out.
What had resumed—and what had not
According to Cointelegraph’s report, published on Nov. 9, 2026, at 12:03:08 UTC+8, Threshold said on Sunday that security-patched node operators were reconnecting to the bridge’s underlying network. These independent operators collectively authorize Bitcoin movements and process deposits and redemptions.
Requests submitted before the shutdown were expected to be processed as more operators returned. However, the app would not accept new deposits, minting or redemptions until enough nodes were online. Threshold had not announced a restart date for those services.
The security pause and Aave restrictions
Threshold initially halted the bridge on Oct. 30 while operators addressed a critical Linux kernel vulnerability that could allow remote attackers to execute code on unpatched servers. The project said it found no evidence that the flaw had been exploited against tBTC nodes.
On Oct. 31, Aave froze its tBTC reserve on Ethereum Core to prevent additional exposure while redemptions were unavailable. The restrictions blocked new tBTC deposits and prevented the token from adding borrowing power. Existing users could still withdraw and repay loans.
That makes “frozen” narrower than a complete lock on user funds, but it still leaves important functions restricted.
Reported backing does not settle availability
Threshold said bridge wallets held roughly 4,320 BTC, against about 4,185 tBTC in circulation. It also reported no detected unauthorized Bitcoin transfers or token minting. Those are the project’s statements, not an independent verification presented in the supplied report.
Aave risk provider LlamaRisk said it would propose restoring the reserve after Threshold’s operations returned to normal. At the time of publication, that remained a conditional next step—not an announced restoration.