# Security after Pancake Bunny Hack

**URL:** <https://forum.anchorprotocol.com/t/security-after-pancake-bunny-hack/563>\
**Category:** General\
**Created:** [May 21, 2021, 3:40am UTC](https://forum.anchorprotocol.com/t/security-after-pancake-bunny-hack/563 "2021-05-21T03:40:41Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Want2blv](https://avatars.discourse-cdn.com/v4/letter/w/34f0e0/32.png) [@Want2blv](https://forum.anchorprotocol.com/u/Want2blv)\
**Post date:** [May 21, 2021, 3:40am UTC](https://forum.anchorprotocol.com/t/security-after-pancake-bunny-hack/563/1 "2021-05-21T03:40:41Z")

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After the Pancake Bunny hack and loss of over a billion dollars, investing into a defi saving account like Anchor seems risky. I’ve heard of Ozone but it’s not out yet. Also if there is a major hack, how can any insurance cover everyone’s losses. I’m new to this and I really want to use Anchor but just looking for an some sort of comfort before doing so. Can anyone help?

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**Author:** ![Cain](https://avatars.discourse-cdn.com/v4/letter/c/85e7bf/32.png) [@Cain](https://forum.anchorprotocol.com/u/Cain)\
**Post date:** [May 21, 2021, 5:16am UTC](https://forum.anchorprotocol.com/t/security-after-pancake-bunny-hack/563/2 "2021-05-21T05:16:02Z")

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Pancake Bunny wasn’t technically hacked. Someone exploited a weakness in the smart contract and was successfully able to mint millions of new Bunny Tokens through a flash loan.

Your concern is still valid though. Definitely will lower confidence in the DeFi space and I hope the platform is taking every precaution to eliminate potential vulnerabilities.
