BounceBit to Sunset Its Blockchain and Migrate to BNB Chain After $3 Million Exploit
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· body · New information from a source
BounceBit plans to sunset its blockchain and migrate to BNB Chain after a $3 million exploit, according to The Block.The Block reported that an attacker transferred approximately 286.5 million BB tokens from nine wallets before block production was halted.Separately, Web3 gaming network Sandbox stopped bridging between Base and BNB Chain after its own exploit, according to CoinDesk.CoinDesk's report did not specify the amount lost or additional details of the Sandbox incident.- BounceBit said it will sunset its own blockchain and migrate to BNB Chain following a $3 million exploit, according to The Block.
- The Block reported that an attacker transferred approximately 286.5 million BB tokens out of nine wallets before block production on the BounceBit chain was eventually halted.
- Separately, Web3 gaming network Sandbox has stopped bridging between Base and BNB Chain after an exploit, according to CoinDesk.
- No further details on the Sandbox incident were disclosed in the report.
- Both incidents add to a string of exploits affecting projects built on or bridging to BNB Chain.
· summary · New information from a source
BounceBit will shut down its blockchain and move to BNB Chain after a $3 million exploit, while Sandbox suspended Base and BNB Chain bridging following a separate attack.- BounceBit plans to sunset its blockchain and migrate to BNB Chain after a $3 million exploit, while Sandbox halted bridging between Base and BNB Chain following a separate attack.
· headline · New information from a source
BounceBit to Sunset Blockchain and Migrate to BNB Chain After $3 Million Exploit; Sandbox Halts Base and BNB Chain Bridging After Separate Attack- BounceBit to Sunset Its Blockchain and Migrate to BNB Chain After $3 Million Exploit
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
BounceBit said it will sunset its own blockchain and migrate to BNB Chain following a BounceBit to sunset blockchain, migrate to BNB Chain after $3 million exploit.
exploit, according to The Block.
The Block reported that an attacker transferred approximately The attacker transferred approximately 286.5 million BB from nine wallets before block production was eventually halted.
BB tokens out of nine wallets before block production on the BounceBit chain was eventually halted.
Separately, Web3 gaming network Sandbox has stopped bridging between Base and BNB Chain after an exploit, according to CoinDesk. No further details on the Sandbox incident were disclosed in the report.
Both incidents add to a string of exploits affecting projects built on or bridging to BNB Chain.
This article is for information only and is not financial advice.
Story so far 5 updates
- flashBounceBit to sunset blockchain and migrate to BNB Chain after $3 million exploit
- storyBounceBit to Migrate to BNB Chain After $3 Million Exploit; Sandbox Halts Base and BNB Chain Bridging
- storyBounceBit to Sunset Its Blockchain and Move to BNB Chain After $3 Million Exploit, as Sandbox Halts Bridging Following Separate Attack
- storyBounceBit to Sunset Blockchain and Migrate to BNB Chain After $3 Million Exploit; Sandbox Halts Base and BNB Chain Bridging After Separate Attack
- storyBounceBit to Sunset Its Blockchain and Migrate to BNB Chain After $3 Million Exploit
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