Bunni DEX Pauses Smart Contracts Following $8.4 Million Security Breach

Bunni, a decentralized exchange on Uniswap v4, paused all smart contract functions following a security breach that resulted in losses of approximately $8.4 million in cryptocurrency.

• The exploit affected BunniHub, the main contract system, leading to $2.3 million in losses on Ethereum.
• An earlier attack on Uniswap Labs’ layer-2 network Unichain contributed to total losses reaching $8.4 million.
• CertiK traced the stolen funds to two Ethereum wallets.
• Bunni’s developers have halted all contract operations while investigating the incident.
• The exchange utilizes Uniswap v4's “hooks” feature for customizable interactions within the platform.

Bunni stated they are actively investigating and will provide updates soon.