BounceBit announces the permanent closure of its Layer 1 mainnet, with $BB migrating to BNB Chain based on the snapshot.
Attackers exploited an authorization vulnerability at the BounceBit protocol layer to transfer approximately 286.5 million $BB from 9 core accounts on the mainnet. BounceBit announced the permanent closure of the existing Layer 1 mainnet, abandoning plans to relaunch the blockchain after patching the vulnerability. $BB will be migrated to BNB Chain and reissued in BEP-20 format based on an on-chain snapshot taken before the attack. Attack Details: Protocol-Layer Authorization Vulnerability Led t
Bisc·08-25 03:15

