Tell about the bug lifecycle. You can refer to statuses.

The bug lifecycle typically goes through the following statuses:

• New — the bug has just been registered and is awaiting review.
• Open — the bug has been confirmed and assigned to a developer for fixing.
• In Progress — the developer is working on fixing the bug.
• Fixed — the bug has been fixed and is awaiting verification.
• Ready for Test — the fix has been handed over to testers.
• Verified — the tester has confirmed that the bug is fixed.
• Closed — the bug is closed, and the issue is resolved.
• Reopened — the bug is reopened if the issue is not fixed or reappears.
• Rejected — the bug is deemed invalid or not related to the product.

This cycle helps track the bug status from discovery to final resolution.