BSC Pancake Bunny Exploit: BUNNY Falls to Almost Zero
CoinEdition
Published May 20, 2021 07:30AM ET
BSC Pancake Bunny Exploit: BUNNY Falls to Almost Zero
- Binance Smart Chain’s Pancake Bunny suffers huge flash loan exploit.
- The attack reduced BUNNY’s value to almost zer.
- BUNNY suffered a $50 million loss, with $110 million vanishing from market cap.
Binance Smart Chain’s Pancake Bunny suffered a massive exploit at 10:34 UTC, May 20, 2021. The DeFi protocol faced a flash loan attack from an outsider.
Pancake Bunny has been updating its users from its official Twitter account since then:
Attention Bunny FamOur project has suffered a flash loan attack from an outside exploiter.
We will be posting a post mortem, in depth analysis, but for the time being we would like to update the community as to how this happened.
— pancakebunny.finance (@PancakeBunnyFin) May 20, 2021
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