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HomeCoins NewsNftBounceBit Mainnet Launches Amid Phishing Rip-off Alerts

BounceBit Mainnet Launches Amid Phishing Rip-off Alerts

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  • BounceBit strikes ahead with mainnet launch and BB token airdrop, backed by profitable funding and IPO.
  • The phishing rip-off focusing on BounceBit customers underscores the necessity for vigilance and supplies official hyperlinks to keep away from potential fraud.
  • BounceBit's distinctive shared safety shopper infrastructure implements a dual-token system.

BounceBit, the bitcoin restoration protocol, is about to launch its mainnet right this moment, accompanied by an airdrop of BB tokens. Nevertheless, the thrill surrounding this milestone is tempered by a cybersecurity alert raised by 23pds, Director of Info and Safety at SlowMist.

In line with 23pds, the primary search consequence for “BounceBit” on Google results in the phishing web site bouncbit(.)io, which poses a critical menace to customers. Subsequently, warning is suggested to keep away from falling sufferer to potential scams.

BounceBit formally launches its mainnet right this moment at 02:30 UTC, adopted by a BB token airdrop from 08:30 to 10:00 UTC. Moreover, the protocol is poised for additional enlargement with the itemizing of BB tokens on cryptocurrency exchanges KuCoin and Gate.io beginning buying and selling operations at 10:00 UTC.

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Regardless of promising developments, the cybersecurity alert underscores the significance of vigilance within the crypto area. In response to the phishing menace, BounceBit proactively shared the official airdrop and buyer help hyperlinks by means of its X account to information customers safely.

The mainnet launch and airdrop of BB tokens mark vital milestones for BounceBit following its success $6 million seed funding spherical earlier this 12 months. This funding, collectively led by Blockchain Capital and Breyer Capital, with the participation of different enterprise capital entities and angel buyers, solidified BounceBit's market place.

As well as, BounceBit is introducing a brand new BTC re-adding mechanism by means of its Shared Safety Shopper (SSC) infrastructure, initially specializing in the BTC re-adding chain. This progressive strategy features a dual-token system the place validators deposit each BTC and BB, growing the protection and stability of the platform.

As of Could 13, DeFiLlama stories a complete worth locked (TVL) of $448.65 million in BounceBit. With such important help and progressive options, BounceBit's mainnet launch and airdrop of BB tokens is anticipated to generate appreciable consideration within the crypto group, attracting each real curiosity and probably fraudulent actions.

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Disclaimer: The data supplied on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any variety. Coin Version shall not be responsible for any losses incurred because of the usage of mentioned content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.

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