🌉 Bitcoin's bridge to DeFi is back: Threshold's tBTC nodes reconnect at 8:00 Beijing time, putting tokenized $BTC back to work on Ethereum. Every piece of BTC infrastructure coming back online while $BTC holds $75,000 is another brick in the floor. Support: $75,000 then $74,900. Resistance: $76,371 then $79,000. Does BTC's DeFi leg kick off next? 👇 #BTC #Bitcoin #Crypto
Techflow
Threshold is scheduled to reconnect the tBTC node at 8:00 Beijing time
According to TechFlow, on November 7, The Defiant reported that Threshold Network expects tBTC node operators to start reconnecting around 08:00 Beijing time on November 7, depending on the final security check. After a sufficient number of operators come online, deposit, minting, redemption, and cross-chain bridge interfaces will be restored; these will not resume immediately when nodes begin reconnecting. Threshold previously suspended related services for security maintenance and reminded users not to send BTC to previously generated deposit addresses or resubmit pending transactions before the restoration. The tBTC reserve in Aave's Ethereum core market remains frozen, with a supply scale of approximately $123.2 million at the time of reporting. Resuming cross-chain bridge operations and lifting Aave's lending restrictions are two separate matters.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
