Foresight News
Foresight News|Aug 20, 2026 12:50
[BounceBit Chain Identifies Issue and Pauses Nodes, Upgrade Planned for August 23] Foresight News reports that the CeDeFi platform BounceBit announced, 'The team has identified an issue with the BounceBit Chain. Out of an abundance of caution, we have paused the relevant nodes and deployed a fix. BB transactions are temporarily unavailable. This issue is limited to the blockchain itself, and CeDeFi applications, smart contracts, and vaults are unaffected. There has been no private key leakage or user wallet compromise, so users do not need to take any action.' BounceBit stated that the chain upgrade is scheduled for August 23 at 17:00. Deposit and withdrawal functions on exchanges will be suspended until the system goes live. A notification will be issued once the upgrade is complete.
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