Express

tBTC To Pause Deposits Only A Week After Its Public Launch

Roland James

Summary: tBTC, the Ethereum-based token backed 1:1 by bitcoin, has stopped deposits only a week after its public launch. According to a tweet from tBTC project lead Matt Luongo on Monday, deposits will remain paused for the next 10 days and the tBTC team will aid users in withdrawing funds. The reason behind the pause is ...

tBTC, the Ethereum-based token backed 1:1 by bitcoin, has stopped deposits only a week after its public launch.

According to a tweet from tBTC project lead Matt Luongo on Monday, deposits will remain paused for the next 10 days and the tBTC team will aid users in withdrawing funds.

The reason behind the pause is currently unknown, but will reportedly be revealed later today in a full post-mortem.

By Roland James

Last Update:

Tags: ,,
Link: tBTC To Pause Deposits Only A Week After Its Public Launch   [Copy]
Next:

Related Articles

  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 2 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 6 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 25 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 26 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? October 22, 2025

    • You need to login to comment.