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Ethereum DeFi Protocol Balancer Loses $70M in Largest-Ever Breach, No Word From Team Yet
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 Labs has decided to call it quits six months after its namesake protocol suffered a major security breach that founders say caused reputational damage and triggered a sell-off in the Balancer ...
A critical smart-contract flaw in Balancer V2 allowed unauthorized withdrawals totaling over $100 million. The incident spanned multiple networks and assets, exposing systemic vulnerabilities in DeFi ...
There is rarely a day that Bitcoin is not in the news. However, Bitcoin, which set the ball rolling for cryptos as we know them today, comes with its own set of issues. For instance, due to its ...
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