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YZi Labs-Backed BounceBit Shuts Down Chain After 286M BB Exploit

By coinpedia.org · · 1 min read
YZi Labs-Backed BounceBit Shuts Down Chain After 286M BB Exploit

YZi Labs-backed BounceBit is permanently shutting down its own Layer 1 blockchain after an attacker moved 286.5 million BB tokens (worth more than $3.1 million) through a flaw in the network’s authorization system. The project will instead

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