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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 ...
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Balancer suffers $116M exploit targeting wrapped ETH
Balancer, one of the oldest DeFi protocols, has been exploited on multiple chains. Within an hour, the estimated losses expanded from $70M to over $116M. Balancer was the target of the most recent ...
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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