Latest Crypto News, September 2 – Hackers Shake Market as Bitcoin Holds $110K: $8.4M BunnyXYZ Exploit and $27M Venus Crypto Hack
As finally is holding above $110K, hackers are making headlines today in the crypto world, with recent attacks on BunnyXYZ and the Venus protocol. On Ethereum and Unichain, BunnyXYZ suffered a confirmed exploit resulting in $8.4 million in losses—$6 million drained from Unichain and $2.4 million from Ethereum. The attacker has since bridged all stolen.. The post Latest Crypto News, September 2 – Hackers Shake Market as Bitcoin Holds $110K: $8.4M BunnyXYZ Exploit and $27M Venus Crypto Hack appeared first on 99Bitcoins.
As BTC ▲2.42% finally is holding above $110K, hackers are making headlines today in the crypto world, with recent attacks on BunnyXYZ and the Venus protocol. On Ethereum and Unichain, BunnyXYZ suffered a confirmed exploit resulting in $8.4 million in losses—$6 million drained from Unichain and $2.4 million from Ethereum.
The attacker has since bridged all stolen funds over to Ethereum. The root cause appears to be a precision error in the protocol’s pool mechanics.
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