The decentralized exchange Bunni has ceased operations after suffering a $8.4 million hacker attack.

[DEX Bunni Ceases Operations After $8.4 Million Hacker Attack] The decentralized exchange Bunni announced that it will cease operations due to a recent $8.4 million hacker attack, which has led to a funding shortfall for the platform. Bunni posted on X (formerly Twitter) on Wednesday, stating that it does not have sufficient resources to support a secure restart. The team stated: “Recent hacker attacks have caused Bunni's development to come to a standstill, and to achieve a secure restart, an investment of $600,000 to $700,000 is needed just for auditing and monitoring expenses – we simply do not have this funding.” Bunni also added that restoring operations will require several months of business development work, and the project is unable to bear this cost. The team stated: “Therefore, we decided that shutting down Bunni is the best choice.” The platform suffered a hacker attack last month, with losses amounting to 8.4 million dollars. The subsequent analysis report shows that the attackers exploited a rounding error in the withdrawal function of the platform's smart contract to carry out the attack.