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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.
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 ...
Balancer—an automated market maker (AMM) protocol claiming over $750 million in total value locked (TVL)—suffered a security breach on November 3. Blockchain analytics firms like PeckShield and ...
Berachain has executed an emergency hard fork to trap a hacker's funds following a major breach on decentralized finance (DeFi) protocol Balancer, which saw over $128 million stolen from its V2 ...
Balancer Labs is ceasing operations permanently. The announcement comes just days after a sophisticated attacker exploited the protocol for approximately $128 million, effectively emptying major ...
Balancer and Stream Finance incidents totaling over $200 million shook DeFi as RedStone and major Ethereum protocols launched reform initiatives. Balancer suffered one of the largest decentralized ...
Berachain has executed an emergency hard fork to trap a hacker’s funds following a major breach on decentralized finance (DeFi) protocol Balancer, which saw over $128 million stolen from its V2 ...
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