BUUNI DEX $8.4 million will be followed by Uhu

Brown's group says that the platform system should be restarted.

BUUNI, an unregulated exchange (DC) built on UNDAP V4, has stopped operations after losing 8.4 million dollars in a recently covered exploit.

The team behind Brown said they don't have enough money to restart the project safely.

BUUNI closes due to money laundering

Brown On September 2, 2025, they announced a loss of approximately $8.4 million. The attackers exploited a vulnerability in DC smart contracts related to the fast distribution function. This allows them to use internal calculations and use funds from liquidity pools on Ehehereum.

According to initial reports, between 2.3 million dollars and 2.4 million dollars were stolen on paper and 2.4 million dollars on paper, analysis revealed an additional $ 5.9 million dollars on Utinin. The stolen assets were merged into one wallet with USDC. and include USDT.

After being exposed, Bini stopped all smart contract activity and stopped users from withdrawing their money. Over time, the project revealed that they wanted between six and seven figures in sound and monitoring costs. However, they said they could not afford these costs, which made them decide to stop operations. “It is with heavy hearts that we announce the closure of Bani,” the group wrote.

Users of the platform can stay away from the official website until further notice. In addition, the project is based on a snapshot of the rest of the team members of the treasury, based on the plans for the distribution of brown, lamp and robunni to essences received. In addition, Bani V2 smart contracts were revealed from BOSLL to MIT, like the payments of the contracts and independent renewal when the self-environment is available.

Efforts to recover the stolen money will continue in cooperation with law enforcement. They closed the statement by thanking the community for their continued support throughout their journey.

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Back-to-back closures

Brown is the second assistant initiative to close in less than 48 hours. Kadani also announced the suspension of all business and development activities due to unusual market conditions. According to the official statement, Kadina will continue to run Makakanin independently and will be managed by developers. Meanwhile, the native token, token and protocol infrastructure will remain intact.

Members of the X Crypto community were quick to respond to recent developments. One user asked what is happening to the industry, asking how projects have stopped one person after another. Since the announcement, the price of KAD has fallen by more than 79% from the 2021 high of $27.64 to $27.64.