PANews reported on October 23rd that the decentralized exchange protocol Bunni recently experienced a vulnerability that led to stagnant growth. Restarting the protocol would require approximately six to seven figures in audit and monitoring fees, and the development and business cycle would be too long, leading the team to shut down. Users can still withdraw their assets through the official website; the remaining treasury assets (BUNNI, LIT, and veBUNNI) will be distributed to holders based on snapshots. Team members will not be involved, and specific details will be announced after the legal process is completed. The Bunni v2 contract has been converted from the BUSL open source license to the MIT license, and the platform will continue to assist law enforcement in recovering stolen funds.PANews reported on October 23rd that the decentralized exchange protocol Bunni recently experienced a vulnerability that led to stagnant growth. Restarting the protocol would require approximately six to seven figures in audit and monitoring fees, and the development and business cycle would be too long, leading the team to shut down. Users can still withdraw their assets through the official website; the remaining treasury assets (BUNNI, LIT, and veBUNNI) will be distributed to holders based on snapshots. Team members will not be involved, and specific details will be announced after the legal process is completed. The Bunni v2 contract has been converted from the BUSL open source license to the MIT license, and the platform will continue to assist law enforcement in recovering stolen funds.
Decentralized trading protocol Bunni announced its closure due to security vulnerabilities and insufficient funds.
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PANews reported on October 23rd that the decentralized exchange protocol Bunni recently experienced a vulnerability that led to stagnant growth. Restarting the protocol would require approximately six to seven figures in audit and monitoring fees, and the development and business cycle would be too long, leading the team to shut down. Users can still withdraw their assets through the official website; the remaining treasury assets (BUNNI, LIT, and veBUNNI) will be distributed to holders based on snapshots. Team members will not be involved, and specific details will be announced after the legal process is completed. The Bunni v2 contract has been converted from the BUSL open source license to the MIT license, and the platform will continue to assist law enforcement in recovering stolen funds.
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