BounceBit Chain will suspend block production for repairs due to a malfunction, and a chain upgrade will take place on August 23

BounceBit posted on platform X that the team has discovered an issue affecting the BounceBit Chain and has suspended node deployment to fix the problem. BB trading and exchange deposits and withdrawals are temporarily unavailable.

The official statement emphasizes that the issue is limited to the chain itself, and CeDeFi applications, smart contracts, and vaults are not affected. There has been no private key leakage or damage to user wallets. The chain upgrade is scheduled for August 23 at 17:00 UTC+8.