BounceBit language X platform announced that it will release updates for BounceBit CeDeFi V2 and BounceClub V2 next week. It also reminds users to be aware of fake links and content related to BounceBit updates.

BounceBit announced a partnership with Master Protocol on the X platform, aiming to bring more practicality and Bitcoin re-collateralization functionality to BounceBit LST (such as stBBTC). It is reported that Master Protocol provides 500 whitelists to mint Master Yield Pass, which BounceBit will give away for free. It is reported that the related NFT minting activity is scheduled to end on July 20th.

BounceBit has released an article introducing the upcoming updates and new features of the BounceBit ecosystem, including CeDeFi data dashboard, portal and CeDeFi updates, BBUSD and node staking rewards, user experience updates, support for BEP-20USDT, BitSwap integration, Ethena integration, and more.

BounceBit has announced that BBTC and BBUSD withdrawals are now open, and accounts can log in to the BounceBit portal to initiate withdrawals on the BNB Chain or Ethereum. 

On May 5th, according to an official announcement, BounceBit announced its mainnet launch schedule. On May 6th, Premium Yield Generation will be suspended until the mainnet is launched. From May 6th to 12th, BounceBit will introduce the first batch of professional node operators. On May 13th, the BounceBit mainnet will be listed. BB points will be automatically distributed to each eligible wallet without the need to declare or interact with any web page.

According to official website data, BounceBit TVL has surpassed 800 million US dollars, currently about 806 million US dollars, including about 659 million US dollars in Bitcoin, 41.62 million US dollars in USDT, etc.

BounceBit announced a partnership with the zero-knowledge infrastructure platform Polyhedra Network to build the next generation of Web3 interoperability and scalability through advanced zero-knowledge proof protocols. BounceBit and Polyhedra Network's common goal is to establish a strong Bitcoin ecosystem, and their cooperation will bring interoperability to the BounceBit ecosystem.

According to official sources, BounceBit announced that its governance dashboard has gone live, providing real-time proposal updates, proposal submission and voting, as well as monitoring network parameters. The officials stated that governance on the BounceBit chain is the first step towards decentralization for BounceBits.

According to official sources, BounceBit has announced the launch of the second phase of its testnet. The previously launched BounceClub testnet will continue to operate as normal without any changes. The second phase will focus on verifying the functionality of the BounceBit App Store and encouraging developers to deploy decentralized applications (DApps) on the BounceBit testnet by submitting GitHub Pull Requests.In addition, BounceBit has also announced the launch of an early preview version of its mainnet, which is primarily aimed at developers, validators, full node operators, delegates, and users. It is reported that the second phase of the testnet also supports interaction between the BounceBit PoS staking chain and the BounceClub ecosystem.

HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in BounceBit, marking a pivotal step in enhancing the diversity within the Bitcoin Ecosystem. This investment underlines HTX Ventures’ commitment to fostering innovation and supporting groundbreaking technologies in the blockchain and cryptocurrency sectors.