Express

Pancake Bunny Responds to the Token Crash: It was Attacked by Lightning Loans

Amy Liu

Summary: Binance Smart Chain (BSC) DeFi revenue aggregator Pancake Bunny (BUNNY) responded to the token crash and claimed that it was attacked by lightning loans from external developers. Hackers used PancakeSwap to borrow a large amount of BNB and then continued to manipulate USDT/BNB and BUNNY/BNB, so as to obtain a large amount of BUNNY and ...

Binance Smart Chain (BSC) DeFi revenue aggregator Pancake Bunny (BUNNY) responded to the token crash and claimed that it was attacked by lightning loans from external developers. Hackers used PancakeSwap to borrow a large amount of BNB and then continued to manipulate USDT/BNB and BUNNY/BNB, so as to obtain a large amount of BUNNY and sell them, resulting in the crash of the BUNNY price, and finally the hacker exchanged it back to BNB through PancakeSwap.

By Amy Liu

Last Update:

Tags: ,,
Link: Pancake Bunny Responds to the Token Crash: It was Attacked by Lightning Loans   [Copy]
Next:

Related Articles

  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 1 day ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 16 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 23 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 27 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 29 days ago

    • You need to login to comment.