🔐 SECURITY: BounceBit is retiring its Layer 1 after an authorization flaw moved ~286.5M BB and will reissue balances 1:1 on BNB Chain. The catch: holders get their token count back, but BB’s old gas, staking, rewards and governance roles do not automatically come with it. https://cryptoslate.com/bouncebit-abandons-layer-1-after-286-million-token-exploit-leaving-token-holders-in-limbo/(CryptoSlate)