Threshold Network has suspended tBTC minting and redemption; asset reserves are ample.

Threshold Network has suspended tBTC minting and redemption. Currently, asset reserves are sufficient and no financial losses have occurred. The cross-chain bridge wallet holds approximately 4320 BTC, with approximately 4185 tBTC in circulation. No unauthorized minting or Bitcoin transfers have been detected. The team is addressing the Linux kernel vulnerability CVE-2026-98432; node operators have either patched the vulnerability or shut down their nodes. One node operator reported that approximately 0.5 ETH was transferred from their Ethereum account; this incident is unrelated to the kernel vulnerability. The cross-chain bridge will reopen after security maintenance is completed.