Bunni DeX took advantage of $ 2.3 million after the balance of balance in liquidity

The decentralized stock exchange fell victim to its exploitation, as it lost about $ 2.4 million in Stablecoins after the attackers dealt with the liquidity accounts of the platform, according to Onchain data by multiple security companies.

“The Bunni application was affected by the exploitation of security,” his team certain On x on Tuesday. The team added: “As a precautionary measure, we temporarily stopped all the functions of the smart contract on all networks. Our team is investigating actively and will offer updates soon.”

The attack on ETHEREUM is targeted in Bunni. The money was drained into address Hold $ 1.33 million in USDC (USDC) And $ 1.04 million in Usdt (USDT).

Bunni Core Sharement request @psaul26ix from users withdraw money from the platform as soon as possible. “If you have money on Bunni, remove it as soon as possible,” books On x.

Bunni directs liquidity by financing EULER, which is the decentralized lending platform that enables users to borrow, design and design for structured encryption products. In light of exploitation, co -founder of EURER and CEO Michael Bentley explained that the protocol himself is still not affected by exploitation.

Cointelegraph connects with Bunni and EULER to comment, but he did not receive the repair.

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How did the victims of the penetration fall?

While the post -Technical death period is still incomplete, early analysis of developers and researchers indicates a defect in how Boni is dealt with with a re -balance of liquidity.

Ben, built above UISWAP V4It is used as a dedicated mechanism called LDF instead of the default logic of UISWAP. This Bunni mechanism allows improving liquidity customization through price ranges, with the aim of increasing the revenues of liquidity providers.

According to Victor Tran, co -founder of Kybernetwork, the attacker was able to treat the LDF curve by carrying out specific sizes that caused defective balance.

Tran on X.

The attacker appears to have carried out exploitation several times, as he gradually drained from the protocol money without creating alarm devices immediately.

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Hacks Crypto top 163 million dollars in August

In August, encryption pirates and deception More than 163 million dollars stole through 16 separate accidentsOn the occasion of an increase of 15 % of July $ 142 million. While the number is still 47 % less on an annual basis, it reflects a worrying increase in targeted attacks as encryption markets gain momentum.

Pixchilds and other cybersecurity experts pointed out a strategic shift in the behavior of infiltrators, as attackers are now focusing on central exchanges and high -value individuals, instead of the smallest central goals.

The biggest loss in August came from a social engineering attack, where the illness of the cause was deceived Send 783 BTC (worth $ 91 million) to the attackers It was offered as support agents from the encryption supplier and hardware wallets.

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