Osmosis temporarily suspended minting and redemption of BTC Alloyed assets after a security incident affected the Nomic nBTC cross-chain bridge. Deposits and withdrawals have also been paused.
BTC on Osmosis is backed by 30% nBTC. The team said it will release a full post-mortem analysis and recovery plan soon, while BTC in pools remains tradable. Users were reminded to stay aware of risks.
Osmosis Halts BTC Alloyed Asset Minting After Nomic nBTC Bridge Incident
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