Crypto Cats in Crisis: Bunni DEX Drama, Millions Vanish, Wallets Weep!

by

Web3

What to know:

  • Somewhere, in the wild fields of decentralization, Bunni (yes, with double ‘n’ – like a rabbit that’s had too much coffee) halted all smart contracts after a cunning exploit spirited away approximately $8.4 million worth of crypto-strawberries, leaving only the empty stems behind. 🍓💸
  • The mischief struck right at the heart: BunniHub-where all contracts gather for tea and existential dread. The bounty now wallows in two Ethereum wallets. Investigators are probably sending strongly worded on-chain poems.
  • The BUNNI token, feeling uninspired and slightly melancholic, slipped 2.5% in the past day. If tokens wore hats, BUNNI would be wearing its droopiest bonnet. 🎩↘️

Stillness haunted the meadows of DeFi as Bunni, the decentralized exchange birthed from Uniswap v4’s more daring recipe book, found itself at a crossroads: pause, reflect, and sigh. The theft, silent as a vagrant wind, swept $8.4 million-not from one, but several chains-each chain now whispering rumors, shaded with a touch of tragic comedy and incredulity from onlookers who’d seen this opera before.

CertiK, the noble security firm (imagine a digital detective with a monocle and an ironic mustache), announced the exploit upon BunniHub. Ethereum, seasoned in the heartbreak of vanished riches, lost $2.3 million, while Unichain-Uniswap Labs’ layer-2 brainchild-added its own bitter overflow, swelling losses beyond the comprehension of mere mortals and BunniHolders everywhere.

With contract functions suspended, developers now sit in silent council, perhaps sipping tea brewed with regret and determination, as they study this unexpected Dostoyevskian plot twist. Social media rings out: statements, emojis, the occasional haiku.

The technical canvas-Uniswap v4 “hooks”, described by Hayden Adams as “plugins to customize how pools, swaps, fees, and LP positions interact”-lies somewhat in smoldering ruins. Hooks, it seems, have occasionally hooked too much, leaving pools lamenting the loss while swaps and fees hold their breath, waiting for the rabbits to return with solutions…or an acceptance speech for the year’s most dramatic rug-pull.

As the digital mist settles, one truth remains: in the great game of DeFi, fortunes are always one clever exploit away from existential poetry, and every bunny’s hole leads somewhere you didn’t expect. 🐰🔓

Read More

2025-09-02 12:04