Ethereum-based DeFi protocol Balancer was exploited on Nov. 3, with losses exceeding $70 million. Attackers drained multiple liquidity pools and moved funds into a single new wallet within minutes.
Balancer is a decentralized protocol built on the Ethereum blockchain that allows users to create and manage automated portfolio-like pools. These pools, composed of multiple tokens, are intelligently ...
It could be labeled as crypto’s November Nightmare. DeFi protocol Balancer was exploited to the tune of $128 million. Also, Stream Finance announced a loss of $93 million, leading to the depegging of ...
A precision error buried deep in Balancer’s swap logic spiraled into a multi-chain crisis — exposing how one tiny rounding misstep can ripple across DeFi’s most ...
In the rapidly evolving world of decentralized finance (DeFi), Balancer BAL has emerged as a powerful tool for automated portfolio management. DeFi has revolutionized traditional finance by providing ...
The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users not to interact with the Balancer protocol until further notice. Balancer, an Ethereum-based decentralized finance ...
Protocol integrations, gas fee reimbursements and a bump in DeFi activity back Balancer’s rally to a new all-time high. Decentralized finance (DeFi) was the driving force behind the growth in the ...