Crypto
Bunni DEX Permanently Shuts Down After $8.4 Million Hack
A decentralized exchange built on Uniswap V4 technology, Bunni DEX, has permanently shut down after an $8.4 million security breach. The team behind the platform cited a lack of funds to relaunch.
The hack occurred on September 2nd and exploited a custom liquidity system, draining funds across both Ethereum and Unichain networks despite prior security audits by Trail of Bits and Cyfrin.
The $8.4 million loss is just a fraction of the over $3.1 billion in total losses from exploits reported this year by security firm Hacken.