BounceBit permanently closed its independent Layer 1 blockchain following a security breach where an attacker exploited a protocol flaw to steal about 286.5 million BB tokens worth $3 million. The vulnerability was due to an authorization failure in the Evmos technology stack, but no private keys or user wallets were compromised. BounceBit halted the chain and decided against rebuilding, as Evmos was discontinued and user activity had shifted to BNB Chain. The BB token will be reissued as a BEP-20 token on BNB Chain, excluding stolen tokens, with balances restored via a snapshot before the exploit. This move aims to enhance security, liquidity, and user experience by fully integrating with the BNB Chain ecosystem.
On August 25, 2026, BNB Smart Chain will activate the Pasteur hardfork, a planned network upgrade improving security without creating new coins or requiring user migration. Users should avoid BEP20 transfers around 02:30 UTC due to temporary deposit ...
MUBARAK token price jumped 26.1% to $0.0266 with daily trading volume reaching $42.36 million, driven by a $200,000 BNB Chain campaign promoting meme tokens. Other BNB Chain tokens like BinanceLife, TUT, and Hajimi also saw double-digit gains. The ca...
Cryptocurrency markets experienced notable gains with Bitcoin rising 6.4% to $77,338 and Ethereum up 4.2% to $2,427. Several altcoins showed significant increases, including BCH up 28.3%, ZEC up 21.2%, and PEPE surging 22.4%. These movements indicate...
A large transfer of 1,049 Bitcoin valued at about $81.5 million was moved from Binance to Coinbase Institutional, continuing a pattern of significant Bitcoin flows to Coinbase's custody platform this summer. This movement is notable because Coinbase ...
Binance announced it will delist ICON's ICX token from all spot trading pairs by September 3, 2026, marking the end of its presence on major exchanges. Once known as the "Korean Ethereum" and delivering 100x returns in 2017, ICX has lost market relev...
