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news-imageAugust 28, 2023

Balancer suffers breach despite prior warnings; TVL falls $164M

Decentralized exchange Balancer confirmed that its V2 pools were exploited for an undisclosed sum despite its previous warning about vulnerabilities. In an Aug. 27 post on its official X account, the Ethereum-based protocol revealed that its mitigation procedure was able to minimize the impact of the exploit.
Publisher: CryptoSlate
Sentiment: Negative
BAL

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