PancakeBunny Hacker Blunders, Accidentally Sends 3.6 Million DAI

IconCryptoNewsTerminal Staff04 Aug, 2024

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PancakeBunny Hacker Blunders, Accidentally Sends 3.6 Million DAI

PancakeBunny, a decentralized finance yield aggregator, has once again become the target of a hacker. This time, the hacker made a mistake that resulted in the accidental transfer of 3.6 million DAI to the DAI contract address. The same hacker had previously exploited PancakeBunny in 2021, stealing 697,000 BUNNY and 114,000 BNB. This latest blunder has raised questions about the security of PancakeBunny's platform. The transfer of 3.6 million DAI was first noticed by Etherscan data nine hours ago. The hacker's intentions are still unknown, but some speculate that they may have intended to move the funds to another address. PancakeBunny has not yet commented on the incident, but the community is concerned about the implications for the platform's security. This latest hack highlights the importance of strong security measures for decentralized finance platforms.