BounceBit halts node deployment after chain issue, suspends BB trading and exchange transfers

BounceBit halts node deployment after chain issue, suspends BB trading and exchange transfers

N
News Editor
2026-08-20 13:25:49
BounceBit said in a post on X that its team identified an issue affecting BounceBit Chain and has paused node deployment while a fix is being carried out. During the incident, BB trading as well as exchange deposits and withdrawals are temporarily unavailable. The project said the problem is limited to the chain itself and does not affect its CeDeFi applications, smart contracts, or vaults. It also said there has been no private key leak and no user wallets have been compromised. BounceBit added that a chain upgrade is scheduled for Aug. 23 at 17:00 UTC+8. The update lays out the current operational impact and the scope of systems that remain unaffected.

BounceBit said in a post on X that its team found an issue affecting BounceBit Chain and has paused node deployment to carry out repairs. As a result, BB trading and exchange deposits and withdrawals are temporarily unavailable.

The team said the issue is limited to the chain itself. Its CeDeFi applications, smart contracts, and vaults were not affected, and there has been no private key leak or damage to user wallets.

According to the announcement, 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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