CoinScoopOsmosis suspends BTC Alloyed minting and redemption following Nomic nBTC security incident
Osmosis has paused the minting and redemption of BTC Alloyed assets, as well as deposits and withdrawals, due to a security incident involving the Nomic nBTC bridge. Since 30% of BTC on Osmosis is backed by nBTC, the team is preparing a post-mortem and recovery plan. Trading for BTC in pools remains active.
Summaries are written by AI from the original article. Not investment advice.