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Binance Axes Mainnet Support for Hacked BounceBit Blockchain

Guavy AI Editorial Team
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BNB BB
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Binance has announced that it will discontinue mainnet support for BounceBit (BB) following the project's decision to permanently sunset its own blockchain, known as the BounceBit Chain.

The move comes after a hacking incident on BounceBit, prompting the project to migrate to the BNB Smart Chain (BEP20) network. Effective August 20, 2026, deposits and withdrawals via the BounceBit mainnet were suspended.

On September 1, 2026, at 07:00 UTC, Binance will open deposits and withdrawals of BB via the BNB Smart Chain (BEP20) network at a ratio of 1:1. Spot, Margin, Futures trading, and Binance Earn services will not be impacted during this process.

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