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- BounceBit advances with mainnet launch and BB token airdrop, bolstered by profitable funding and alternate listings.
- A phishing rip-off concentrating on BounceBit customers underscores the necessity for vigilance, with official hyperlinks offered to keep away from potential fraud.
- BounceBit’s distinctive Shared-Safety Shoppers infrastructure introduces a dual-token system.
BounceBit, a Bitcoin restaking protocol, is about to launch its mainnet right this moment, accompanied by the issuance of BB token airdrops. Nevertheless, the thrill surrounding this milestone is dampened by a cybersecurity alert raised by 23pds, the Chief of Data and Safety Officer at SlowMist.
Based on 23pds, the primary search outcome for “BounceBit” on Google results in a phishing web site, bouncbit[.]io, posing a critical risk to customers. Therefore, warning is suggested to keep away from falling sufferer to potential scams.
BounceBit, formally launches its mainnet at 02:30 UTC right this moment, adopted by a BB token airdrop from 08:30 to 10:00 UTC. Furthermore, the protocol is poised for additional enlargement with the itemizing of BB tokens on cryptocurrency exchanges KuCoin and Gate.io, commencing buying and selling operations at 10:00 UTC.
Regardless of the promising developments, the cybersecurity alert underscores the significance of vigilance inside the crypto area. In response to the phishing risk, BounceBit has proactively shared official airdrop and buyer help hyperlinks through its X account to information customers safely.
The mainnet launch and BB token airdrop mark important milestones for BounceBit, following its profitable $6 million seed funding spherical earlier this yr. Co-led by Blockchain Capital and Breyer Capital, with participation from different enterprise capital entities and angel traders, this funding solidified BounceBit’s place out there.
Furthermore, BounceBit introduces a novel BTC restaking mechanism by means of its Shared-Safety Shoppers (SSC) infrastructure, initially specializing in the BTC Restaking Chain. This revolutionary strategy includes a dual-token system the place validators stake each BTC and BB, enhancing the platform’s safety and stability.
As of Might 13, DeFiLlama stories a complete worth locked (TVL) of $448.65 million in BounceBit. With such substantial backing and revolutionary options, BounceBit’s mainnet launch and BB token airdrop are anticipated to garner important consideration inside the crypto neighborhood, attracting each real curiosity and probably fraudulent actions.
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