CeDeFi platform BounceBit said it has identified an issue on the BounceBit chain and, as a precaution, paused the affected nodes while deploying a fix. During that period, BB trading is temporarily unavailable. The company said the problem is limited to the blockchain 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, so users do not need to take any action.
BounceBit said a chain upgrade is scheduled for 17:00 on Aug. 23. Exchange deposit and withdrawal services will remain suspended until the system is back online. The platform said it will issue another notice after the upgrade is completed. The statement frames the pause as a precautionary step while the team applies a remediation program to the chain-related issue.
CeDeFi platform BounceBit said it has found an issue affecting the BounceBit chain and has paused the relevant nodes as a precaution while deploying a fix. BB trading is temporarily unavailable.
According to the company, the issue is limited to the blockchain itself. Its CeDeFi applications, smart contracts, and vaults are not affected. BounceBit also said there has been no private key leak and no user wallets have been compromised, meaning users do not need to take any action.
Upgrade set for Aug. 23 at 17:00
BounceBit said the chain upgrade is scheduled for Aug. 23 at 17:00. Exchange deposit and withdrawal functions will remain suspended until the system is back online. The platform said it will publish a follow-up notice once the upgrade is completed.
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