Aave restricts new tBTC deposits and borrowing against it as collateral

On October 31, according to an official Aave statement, Aave has restricted new tBTC deposits and new borrows collateralized by tBTC following Threshold's maintenance update for tBTC.

Aave noted that its contracts remain unaffected, existing positions are unchanged, and users can still make repayments and withdraw assets normally; relevant new deposit and borrowing functions will be restored upon completion of the maintenance.

Previously, Threshold stated that during the security maintenance period, it had temporarily paused new BTC deposits, tBTC minting, and new Bitcoin redemption requests via the Threshold application.