Harmony will shut down the blockchain it launched in 2019 and migrate its native token, Harmony (ONE), to Ethereum (ETH) as a new ERC-20 asset.
The team cited threats from state actors and artificial intelligence (AI) agents. Validators can begin...
Poland remains the only EU member state without a functioning national framework for MiCA, after the Sejm again failed to override President Karol Nawrocki’s veto of crypto regulation.
Friday’s vote, the third such attempt, fell 25 votes short of...
Crypto recorded 50 major hacks in August, the highest monthly count of 2026. Total losses fell to $136.3 million, down 49.5% from July.
Blockchain security firm PeckShield published the tally on Tuesday. The figures show attackers striking far more...
BitcoinWorld
Binance to End BounceBit Mainnet Support for BB After Chain Shutdown
Binance has announced it will discontinue support for BounceBit (BB) deposits and withdrawals on the BounceBit mainnet, following the project’s decision to...
The 1:1 reissue preserves units while gas, staking, rewards and governance wait for a new economic role.
The post Chain shutdown strips BounceBit token utility after authorization flaw exposes 286M tokens appeared first on CryptoSlate.
BounceBit will permanently shut down its Layer 1 blockchain after an attacker moved 286.5 million BB out of nine mainnet accounts. The project will reissue the token as a BEP-20 asset on BNB Chain.
The team said the attacker compromised no private...
BitcoinWorld
Bithumb Flags BB, GALA, and SUNDOG for Possible Delisting
South Korean cryptocurrency exchange Bithumb has placed three tokens — BounceBit (BB), Gala (GALA), and SUNDOG — on its delisting watchlist. The exchange cited inadequate...
The post YZi Labs-Backed BounceBit Shuts Down Chain After 286M BB Exploit appeared first on Coinpedia Fintech News
YZi Labs-backed BounceBit is permanently shutting down its own Layer 1 blockchain after an attacker moved 286.5 million BB tokens...
BitcoinWorld
BounceBit Shuts Down Chain After $286.5M BB Hack, Reissues Tokens on BNB Chain
BounceBit, a Bitcoin restaking protocol, has announced it will permanently shut down its existing blockchain following a security breach that resulted in...
BitcoinWorld
Bithumb to Temporarily Suspend BounceBit (BB) Deposits and Withdrawals on Aug. 20
South Korean cryptocurrency exchange Bithumb has announced a temporary suspension of deposits and withdrawals for BounceBit (BB), effective at 2:55 a.m....