BounceBit mainnet launches amid phishing rip-off warnings

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  • Buoyed by profitable funding and change itemizing, BounceBit strikes ahead with mainnet launch and BB token airdrop.
  • A phishing rip-off concentrating on BounceBit customers highlights the necessity for vigilance, with official hyperlinks supplied to keep away from potential scams.
  • BounceBit's distinctive shared safety consumer infrastructure introduces a twin token system.

BounceBit, a Bitcoin re-staking protocol, is ready to launch its mainnet at present with the issuance of an airdrop of BB tokens. However the pleasure surrounding this milestone has been dampened by a cybersecurity warning issued by 23pds, who’s SlowMist's head of data safety.

In keeping with 23pds, the primary seek for “BounceBit” on Google will result in the phishing web site bouncbit(.)io, which poses a critical risk to customers. Due to this fact, we advise you to watch out to keep away from falling sufferer to potential scams.

BounceBit will formally launch its mainnet at present at 02:30 UTC, adopted by an airdrop of BB tokens from 08:30 to 10:00 UTC. Moreover, the protocol is poised to broaden additional with the itemizing of the BB token on cryptocurrency exchanges KuCoin and Gate.io, with buying and selling operations commencing at 10:00 UTC.

Regardless of promising developments, cybersecurity warnings spotlight the significance of vigilance within the cryptocurrency house. In response to phishing threats, BounceBit proactively shared official airdrop and buyer help hyperlinks through the X account to securely information customers.

The mainnet launch and BB token airdrop marks a big milestone following BounceBit’s success. 6 million greenback seeds funding spherical earlier this 12 months. This funding, co-led by Blockchain Capital and Breyer Capital, with participation from different Enterprise Capital and angel traders, solidifies BounceBit's place available in the market.

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Moreover, BounceBit launched a brand new BTC restaking mechanism by means of its Shared Safety Consumer (SSC) infrastructure, initially specializing in the BTC restaking chain. This revolutionary method features a dual-token system the place a validator stakes each her BTC and BB, enhancing the safety and stability of the platform.

As of Could thirteenth, DeFiLlama experiences that BounceBit’s whole worth locked (TVL) is $448.65 million. With such substantial backing and revolutionary options, BounceBit's mainnet launch and BB token airdrop garnered vital consideration inside the cryptocurrency group, elevating each real curiosity and potential fraudulent exercise. anticipated to draw.

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