BounceBit collaborates with Ceffu's MirrorX to enhance automated yield optimization through secure off-exchange settlements, aimed at simplifying yield farming and maximizing returns.

TL;DR BounceBit launched its latest upgrade, CeDeFi V2, on November 12, 2024, offering multi-chain support for major cryptocurrencies and bridging the gap between CeFi and DeFi. CeDeFi V2 introduces new yield strategy options, enhanced security, and boosted APY rewards, with over $10 million bridged in the first hour of its launch.

BounceBit's latest upgrade combines centralized and decentralized finance to form CeDeFi V2, a protocol that grants users multichain support without having to go through BounceBit's chain.

BounceBit announces V2 upgrade, enhancing CeDeFi and BounceClub ecosystems with new features and improved user experience.

Crypto exchange Binance has announced updates to the collateral ratio of several crypto assets to enhance the trading experience for users. The update will affect crypto such as popular meme coins PEPE, BONK, and BANANA, among others.