BounceBit Chain halts block production and schedules network upgrade for Aug. 23

BounceBit Chain halts block production and schedules network upgrade for Aug. 23

N
News Editor
2026-08-20 13:24:55
BounceBit said it found an issue affecting BounceBit Chain and has paused nodes while deploying a fix. During the interruption, BB trading as well as exchange deposits and withdrawals are temporarily unavailable. The team said the problem is limited to the chain itself and does not affect CeDeFi applications, smart contracts, or vaults. It also said there has been no private key leak and no damage to user wallets. A chain upgrade is scheduled for 17:00 UTC+8 on Aug. 23. The update was disclosed in a post cited by Odaily.

According to Odaily, BounceBit said it identified an issue affecting BounceBit Chain and has paused nodes to deploy a fix.

As a result, BB trading and exchange deposits and withdrawals are temporarily unavailable. The team said the issue is confined to the chain itself. CeDeFi applications, smart contracts, and vaults have not been affected, and there has been no private key leak or damage to user wallets.

BounceBit said a chain upgrade is scheduled for Aug. 23 at 17:00 UTC+8.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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