May 26, 2021 PancakeBunny exploited for $45M.

Binance Smart Chain-based DeFi protocol PancakeBunny has been targeted in a $45M. Using flash loans, attackers were able to manipulate the automated market maker mechanisms associated with the protocol’s liquidity pools. Attackers were able to mint $45M worth of BUNNY governance tokens, causing exchange rates to plummet.

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