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Detail Analysis

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Date:

Status:

Count:

Contributor:

July 17, 2021

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Verified

2

zerofriction.io

Loss Amount:

2,400,000

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Recovered Amount:

-

Currency:

Dollars, PolyBUNNY

KYC By:

Audit By:

None

None

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Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Polygon, Binance Smart Chain

Protocol

Dexes

Flash Loans

Extended Method:

Flash loan attack

Data Sources:

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A flash loan attack had been launched successfully against Polygon PancakeBunny. This time, the attacker used a $48 million flash loan to mint 2.1 million PolyBUNNY tokens, which were sold for Ether and used to repay the loan, netting the attacker 1,287.1 ETH, worth some $2.4 million. From the developers, "as many of you are aware, there was an economic exploit of polyBUNNY outside the polygon.pancakebunny.finance platform, resulting in the minting of 2.1M polyBUNNY and a drop in the price of polyBUNNY to just over $2 at Jul-16–2021 07:17:11 PM +UTC.Polygon".

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.