Latest News

Less than a week after the team first announced the vulnerability, DeFi project Balancer has been exploited for roughly $979,000.

Although the team was well aware of a vulnerability in the systems, they failed to patch it on time.

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.

In a recent incident, the Ethereum-based automated market maker and decentralized finance protocol, Balancer, fell victim to an exploit that resulted in the loss of nearly $900,000. The breach occurred shortly after the protocol had disclosed a vulnerability affecting multiple pools.

The attacker managed to transfer Dai stablecoins twice. The initial transfer was $636,812, followed by a subsequent transfer of $257,527, aggregating to a total stolen amount of around $900,000.

Balancer Protocol has lost over $900,000 worth of crypto assets following an attack on its V2 liquidity pools.

The protocol confirmed the DeFi hack on 27 August and urged affected users to withdraw from impacted liquidity pools.

The confirmation of an exploit came a week after Balancer disclosed a critical vulnerability in some V2 pools.

The decentralized finance protocol, Balancer, suffered an exploit attack for nearly $900,000 in just a few days after a critical vulnerability was discovered. On Aug.

Ethereum automated market maker (AMM) Balancer, has put out an official disclosure to confirm that it had been exploited for approximately $900,000 (USD). The news comes just days after the decentralized finance protocol highlighted a vulnerability affecting several of its pools.

DeFi protocol Balancer was exploited just a few days after disclosing a vulnerability affecting its boosted pools.

The total value locked (TVL) on Balancer (BAL) dropped by more than $200 million over a period of 24 hours after the decentralized finance (DeFi) protocol advised users to withdraw liquidity as a precautionary measure.

In a close call that could have resulted in a catastrophic event for the decentralized finance (DeFi) protocol, Balancer has warned that $2.8 million remains at risk following the discovery of a critical vulnerability on August 22.

The vulnerability was not exploited after its discovery on Aug. 22.

The renowned liquidity protocol Balancer has made a crucial update on its X platform.

You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.

Decentralized finance liquidity and yield protocol Balancer has alerted its users about a critical vulnerability affecting its V2 pools.

Balancer, a leading decentralized finance platform, acted swiftly after discovering a critical vulnerability affecting several V2 pools. The Balancer team unveiled the issue on Aug. 22 at 3:52 PM UST.

Balancer disclosed a critical vulnerability, safely protecting user funds while also keeping the markets cool.

Liquidity protocol Balancer has disclosed that it has discovered a critical vulnerability that has impacted over 100 of its v2 pools spread across eight different blockchains. The team at Balancer has posted a list of the impacted pools on its GitHub page while also activating its emergency subDAO.

As Balancer protocol's vulnerability gets exposed, users are advised to withdraw their funds from the affected V2 pools. The price of BAL token takes a hit, declines further.

A significant security breach has hit one of Ethereum's prominent decentralized crypto trading platforms, Balancer.

Liquidity providers in over 100 of its V2 pools across eight chains asked to withdraw immediately.

The DeFi platform Balancer (BAL) disclosed a vulnerability affecting several of its pools in a statement published on Aug. 22. In that post, Balancer Labs said that the vulnerability in question had not been exploited and said that 80% of the issue had been mitigated.