🚨 Bunni DEX: $8.4M Vanishes Faster Than a Towel in a Hitchhiker’s Galaxy! 🚀

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Well, strap in, space cowboys, because the universe of decentralized finance just got a little more absurd. Bunni, a DEX that fancied itself the next big thing on Uniswap v4, has decided to call it quits after a whopping $8.4 million decided to take a one-way trip to parts unknown. 🕳️✨

The team behind Bunni, in a move that’s about as surprising as finding a sentient robot with a penchant for tea, announced they’re fresh out of galactic credits to keep the ship afloat. 🚀💸

Bunni: The DEX That Couldn’t Keep Its Coins in Its Pockets

On the fateful day of September 2, 2025, Bunni revealed it had been outsmarted by a bunch of digital marauders who exploited a vulnerability in its Liquidity Distribution Function. 🦹‍♂️💻 This allowed them to perform a bit of cosmic sleight of hand, draining funds from liquidity pools on Ethereum faster than you can say “42.”

Initial reports suggested a mere $2.3 to $2.4 million had been pilfered, but further sleuthing by QuillAudits and Halborn uncovered an additional $5.9 million missing on Unichain. The loot? USDC and USDT, neatly consolidated into a single wallet, presumably labeled “Not Yours Anymore.” 💰🚀

In the aftermath, Bunni hit the pause button on all smart contract activity and urged users to withdraw their funds faster than a Vogon reading poetry. 📉 Later, they confessed via X (formerly known as Twitter, because why not rename everything?) that restarting would cost them somewhere between a small moon and a large asteroid in audit and monitoring fees. Alas, their pockets were as empty as the void between galaxies. 🌌

“It is with hearts heavier than a Hitchhiker’s backpack that we announce the shutdown of Bunni,” the team wrote, probably while sipping panic-induced Pan Galactic Gargle Blasters. 🍸😢

Fear not, intrepid investors! Users can still withdraw their assets through the official website, and the remaining treasury funds will be distributed to holders of BUNNI, LIT, and veBUNNI tokens. A snapshot will be taken, excluding team members, because even in the apocalypse, fairness matters. 📸✨

Oh, and in a final act of cosmic generosity, the Bunni v2 smart contracts have been relicensed from BUSL to MIT, meaning features like surge fees and autonomous rebalancing are now as free as a Hoopy Frood. 🌟

Efforts to recover the stolen funds are ongoing, with law enforcement presumably chasing the culprits through the digital equivalent of the Magrathea construction site. 🕵️‍♂️🔍

DeFi: Where Projects Disappear Faster Than a Babel Fish in a Vogon’s Mouth

Bunni isn’t the only star to burn out recently. Kadena, another DeFi darling, also threw in the towel less than 48 hours earlier, citing “unfavorable market conditions.” 🌪️💔 According to their official statement, the Kadena blockchain will continue to chug along, maintained by decentralized miners and developers, while its native token, KDA, remains operational. Meanwhile, KDA’s price plummeted by over 99% from its 2021 peak, leaving analysts to wonder if the writing was on the wall-or perhaps scrawled in Vogon poetry. 📉📜

The crypto community on X was, predictably, in an uproar. One user lamented, “What’s happening to this industry? Projects are dropping like unlucky space travelers near a black hole!” 🕳️🌀

So, there you have it, folks. Another day in the wild, wacky world of DeFi, where money vanishes faster than a towel in a Hitchhiker’s galaxy, and the only certainty is uncertainty. 🌌🤷‍♂️

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2025-10-23 10:59