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🚨 EXPLOIT ALERT! DECENTRALIZED EXCHANGE BUNNI LOSES $2.4 MILLION IN SMART CONTRACT HACK! 🚨
The DeFi space just got another painful reminder about smart contract risks! The decentralized exchange Bunni has been exploited, with an attacker draining a staggering $2.4 million in stablecoins due to a vulnerability in its liquidity function. 🤯 All contracts on the platform have been paused as the team investigates.
Why this is shaking up DeFi:
Major Loss: A $2.4 million loss is a significant blow to a smaller DEX and erodes trust in the space.
Smart Contract Risk: This exploit highlights the ever-present danger of vulnerabilities in even well-known protocols.
Immutability's Double Edge: While immutability is a core tenet of DeFi, it means there's no "emergency stop button" once an exploit is underway.
📊 Pro Tip: Self-custody is crucial, but so is understanding the risks of the protocols you interact with. Always do your own research before committing funds to any smart contract, no matter how trusted it seems. 🕵️♂️
For regular crypto news 📰, don't forget to like 👍, share 🔁, and follow 🚀.
$BTC $ETH
#Bunni #CryptoNews #Security
The DeFi space just got another painful reminder about smart contract risks! The decentralized exchange Bunni has been exploited, with an attacker draining a staggering $2.4 million in stablecoins due to a vulnerability in its liquidity function. 🤯 All contracts on the platform have been paused as the team investigates.
Why this is shaking up DeFi:
Major Loss: A $2.4 million loss is a significant blow to a smaller DEX and erodes trust in the space.
Smart Contract Risk: This exploit highlights the ever-present danger of vulnerabilities in even well-known protocols.
Immutability's Double Edge: While immutability is a core tenet of DeFi, it means there's no "emergency stop button" once an exploit is underway.
📊 Pro Tip: Self-custody is crucial, but so is understanding the risks of the protocols you interact with. Always do your own research before committing funds to any smart contract, no matter how trusted it seems. 🕵️♂️
For regular crypto news 📰, don't forget to like 👍, share 🔁, and follow 🚀.
$BTC $ETH
#Bunni #CryptoNews #Security
Another hack? Bunni DEX lost $2.3M
Bunni DEX lost $2.3 million, and you still believe in the 'invulnerability' of smart contracts?
Fresh news from the world of DeFi: another project decided to 'share' assets with hackers. This time, the decentralized exchange Bunni was unlucky, losing $2.3 million on the Ethereum blockchain.
As reported by the blockchain security scanner Blocksec Phalcon, the attack occurred on Tuesday. The exact method of the hack is not yet disclosed, which, of course, did not prevent the hackers from carefully withdrawing funds from the platform to address 0xE04e…64f2b. Now this wallet, according to Etherscan, has been replenished with Aave Ethereum USDC and Aave Ethereum USDT tokens. Beauty.
Fresh news from the world of DeFi: another project decided to 'share' assets with hackers. This time, the decentralized exchange Bunni was unlucky, losing $2.3 million on the Ethereum blockchain.
As reported by the blockchain security scanner Blocksec Phalcon, the attack occurred on Tuesday. The exact method of the hack is not yet disclosed, which, of course, did not prevent the hackers from carefully withdrawing funds from the platform to address 0xE04e…64f2b. Now this wallet, according to Etherscan, has been replenished with Aave Ethereum USDC and Aave Ethereum USDT tokens. Beauty.
💀 Bunni DEX is shutting down after a hack of $8,400,000.
The company announced a full cessation of operations. The reason is a lack of funds after the hack, during which the attackers stole $8,400,000 by exploiting a rounding error in the smart contract.
Users can still withdraw their assets, and the remaining funds from the treasury will be distributed among the holders #BUNNI , #LIT and #veBUNNI (the team does not participate).
The company announced a full cessation of operations. The reason is a lack of funds after the hack, during which the attackers stole $8,400,000 by exploiting a rounding error in the smart contract.
Users can still withdraw their assets, and the remaining funds from the treasury will be distributed among the holders #BUNNI , #LIT and #veBUNNI (the team does not participate).
🚨 BREAKING: Hacker Behind Bunni Attack EXPOSED – Crypto World in Shock! 💥
In a stunning revelation by PA News, analyst Eye has reportedly unmasked the identity of the hacker responsible for the devastating Bunni protocol attack on the X platform.
🕵️♀️ According to Eye, the same hacker has targeted 14 major DeFi protocols, including:
💥 Equilibria
💥 BSX
💥 DFX Finance
💥 Curve
These attacks have wiped out entire pools of liquidity, causing multiple protocols to collapse and leaving users and teams in turmoil.
⚠️ The hacker — described as ruthless and calculating — is allegedly deeply connected within the crypto industry, maintaining ties with venture capital firms and operating under thousands of aliases. Believing her alibi makes her untouchable, she continues to endanger the ecosystem with no remorse.
🗣️ “It’s time for her to face consequences,” Eye declared, calling for accountability and justice in the DeFi space.
🔒 Meanwhile, Bunni has officially announced its shutdown following severe security breaches and fund depletion — marking another tragic chapter in the ongoing crypto security crisis.
#CryptoNewss #TRUMP #Bunni #HackerExposed #CryptoScandal
In a stunning revelation by PA News, analyst Eye has reportedly unmasked the identity of the hacker responsible for the devastating Bunni protocol attack on the X platform.
🕵️♀️ According to Eye, the same hacker has targeted 14 major DeFi protocols, including:
💥 Equilibria
💥 BSX
💥 DFX Finance
💥 Curve
These attacks have wiped out entire pools of liquidity, causing multiple protocols to collapse and leaving users and teams in turmoil.
⚠️ The hacker — described as ruthless and calculating — is allegedly deeply connected within the crypto industry, maintaining ties with venture capital firms and operating under thousands of aliases. Believing her alibi makes her untouchable, she continues to endanger the ecosystem with no remorse.
🗣️ “It’s time for her to face consequences,” Eye declared, calling for accountability and justice in the DeFi space.
🔒 Meanwhile, Bunni has officially announced its shutdown following severe security breaches and fund depletion — marking another tragic chapter in the ongoing crypto security crisis.
#CryptoNewss #TRUMP #Bunni #HackerExposed #CryptoScandal
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💀 Bunni DEX closes after hacking for $8,400,000.
The company announced a complete cessation of work. The reason is a lack of funds after the hack, during which the attackers stole $8,400,000, taking advantage of the rounding error in the smart contract.
Users can still withdraw their assets, and the remaining funds from the treasury will be distributed among the holders #BUNNI , #LIT and #veBUNNI (the team does not participate).
💀 Bunni DEX closes after hacking for $8,400,000.
The company announced a complete cessation of work. The reason is a lack of funds after the hack, during which the attackers stole $8,400,000, taking advantage of the rounding error in the smart contract.
Users can still withdraw their assets, and the remaining funds from the treasury will be distributed among the holders #BUNNI , #LIT and #veBUNNI (the team does not participate).
🇺🇸 The DeFi project Bunni has just announced that it will cease operations permanently after being attacked, causing all development processes to come to a standstill.
🔹 Upcoming plans:
- Users will still be able to withdraw assets through the Bunni website in the near future.
- The remaining assets in the treasury will be distributed to BUNNI, LIT, and veBUNNI holders based on the snapshot (internal members excluded).
- The Bunni v2 smart contract is open-source under the MIT license, allowing the community to freely use technologies such as LDFs, surge fees, and autonomous rebalancing.
- The team will continue to coordinate with authorities to recover the stolen funds.
A sad ending for a project that was once seen as a promising piece in the DeFi infrastructure.
BUNI holders should keep an eye out to see if there are any shares left.
#Bunni
🔹 Upcoming plans:
- Users will still be able to withdraw assets through the Bunni website in the near future.
- The remaining assets in the treasury will be distributed to BUNNI, LIT, and veBUNNI holders based on the snapshot (internal members excluded).
- The Bunni v2 smart contract is open-source under the MIT license, allowing the community to freely use technologies such as LDFs, surge fees, and autonomous rebalancing.
- The team will continue to coordinate with authorities to recover the stolen funds.
A sad ending for a project that was once seen as a promising piece in the DeFi infrastructure.
BUNI holders should keep an eye out to see if there are any shares left.
#Bunni
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