🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
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⏰ Event Time: Nov 5 10:00 – Nov 12 26:00 UTC
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The DEX project Bunni, which was attacked by hackers in early September, announced its shutdown.
Odaily News Based on Uniswap V4, the DEX project Bunni announced its shutdown in a post on X. Bunni stated: “Recent vulnerability exploitation events have forced Bunni's development to come to a standstill. To safely restart, we would need to pay six to seven figures just for auditing and monitoring costs - a sum we currently cannot afford. Additionally, restoring Bunni to its state before the exploitation will require months of development and business expansion efforts, which is also difficult for us to bear. Therefore, we have decided to shut down Bunni.” Furthermore, Bunni also stated that the remaining treasury assets will be distributed to holders of BUNNI, LIT, and veBUNNI. The confirmation of the legal process is still underway, and specific distribution details will be announced once the legal process is finalized. Team members will not participate in this snapshot distribution. According to previous reports, Bunni was hacked in early September, resulting in a loss of approximately $2.3 million.