The post YZi Labs-Backed BounceBit Shuts Down Chain After 286M BB Exploit appeared first on Coinpedia Fintech News
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. …
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