ChainThink report, September 10: Bitcoin application layer Citrea tweeted that cross-chain functionality for ctUSD, USDC, USDT, WBTC, and CTR has been restored following review.
Pathways based on solver mechanisms (e.g., swaps between ctUSD and USDC) are being gradually reactivated; full restoration may proceed at a slower pace. The Zentra team has identified the root cause and paused contracts to contain the incident. Citrea's own protocol and cross-chain bridge contracts remain unaffected.
Citrea will issue further statements assessing the impact of this third-party security incident on the ecosystem, including subsequent arrangements for ctUSD Earn Vault and affected depositors.
Disclaimer: Contains third-party opinions, does not constitute financial advice
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