Aave has frozen its tBTC reserve on Ethereum Core, blocking new deposits and borrowing against the asset. The reserve currently holds approximately $136.5 million.
Threshold Network, the issuer of tBTC, paused minting and new redemption requests as part of the freeze. However, existing repayments, withdrawals, and liquidations remain operational.
Aave Freezes $136.5M tBTC Reserve, Halting New Deposits and Borrowing
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