Bitcoin
Osmosis Freezes allBTC Minting and Redemptions Following Nomic Bridge Vulnerability
Osmosis halted allBTC operations after an exploit in Nomic's forwarding mechanism left the alloyed Bitcoin token roughly 36 percent unbacked.
Osmosis suspended the minting of new allBTC, redemptions into underlying bridge tokens, and deposits and withdrawals on the affected bridge rail on September 9, 2026. The move came after an issue linked to Nomic's bridged asset, nBTC, resulted in approximately 36 percent of allBTC's backing lacking real collateral.
According to Osmosis, a flaw in Nomic's forwarding mechanism enabled a double-spend condition where a single deposit generated multiple vouchers that were subsequently swapped on Osmosis for fully backed assets. Osmosis clarified that the exploit was isolated to Nomic's forwarding logic, with neither the Osmosis blockchain nor the Inter-Blockchain Communication protocol compromised.
Because allBTC is an alloyed asset that combines five distinct bridge versions into a single pooled token to aggregate liquidity, the resulting deficit affects all allBTC holders regardless of which specific bridge asset they originally deposited. Trading within the platform's Bitcoin pools has continued, accompanied by a risk notice.
These two are not the same thing, and one does not produce the other. The left is how this single article reads, from its tone alone. The right is the site’s own call on the asset, from indicators and analysis. Press tone feeds no score and no signal: on the only corpus this site has measured, daily tone tracked the move that had already happened and showed no measurable link with what followed.
More on Bitcoin All pieces →
- Sell US Spot Bitcoin ETFs Record $463 Million in Weekly Outflows After Three-Week Inflow Run
- Neutral Bitcoin Trades Near $77,500 Ahead of US Regulatory Vote and Central Bank Decisions
- Neutral Senate Divided Ahead of Critical Procedural Vote on the CLARITY Act
- Neutral Crypto and Macro Weekly Recap Highlights Inflation Data and Protocol Exploit
Rewritten from the headline, the teaser and the one-line summary the qualification step produced — that is all the material there is, and nothing is added to it. The source link is kept on file so any item can be checked, and is not published here.
