Security
BounceBit blockchain attack drains $3.3M, forces full chain shutdown
The Cryptonomist·August 21, 2026·1 min read
BounceBit, a YZi Labs-backed project, shut down its blockchain after a security breach allowed an intruder to move 286.5 million BB tokens, worth about $3.3 million. The attack exposed a protocol-level weakness, forcing the team to abandon the standalone chain, as reported.
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