PancakeBunny tanks 96% following $200M flash loan exploit

Popular Binance Smart Chain-based decentralized finance protocol PancakeBunny has suffered a major exploit that allowed a hacker to make off with more than $200 million worth of crypto assets.

According to a series of threads posted by the PancakeBunny team in the past hour, the protocol was subject to a flash loan attack from an external actor. The attacker borrowed “a huge amount” of Binance Coin (BNB) before manipulating the asset’s price and dumping it on the platform’s BUNNY/BNB market.

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Pinterest Tanks Despite a Strong Quarter. What Wall Street Is Saying.

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Pinterest’s outlook for second-quarter growth was below Wall Street’s expectations.

Gabby Jones/Bloomberg


stock shed much of its 2021 gains Wednesday after the social media firm reported first-quarter results the evening before. Though the company’s earnings and revenue figures beat expectations, Wall Street honed in on disappointing user growth.

Shares of


(ticker: PINS) were down 13% to $67.49 in mid-day trading, while the S&P 500 index was flat. The drop cut the stock’s year-to-date gains to 2.5% and one-year gains to 223%.

Citi Research analyst
Jason Bazinet
noted that the company’s adjusted earnings and revenues were all

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