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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.
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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.
Balancer has discovered a critical vulnerability that has affected a number of V2 Pools within its ecosystem.
Balancer Labs has announced that a number of V2 Pools are vulnerable to an exploit after it received a report to that effect. The team at the decentralized finance (DeFi) protocol disclosed the said vulnerability on Tuesday, adding that emergency measures had been undertaken to secure a majority of user funds.
Ethereum-based DeFi major Balancer learned of a "critical vulnerability" that imperils a slice of the protocol's user-deposited crypto.
Liquidity protocol Balancer has discovered and disclosed a “critical vulnerability” affecting more than 100 of its v2 pools across eight blockchains.
Balancer, a decentralized finance (DeFi) protocol operating on the Ethereum blockchain, has recently disclosed a critical vulnerability impacting several of their V2 Pools. While emergency measures have been implemented successfully to safeguard a significant portion of Total Value Locked (TVL), a portion of funds remains at risk.
The Aave community has approved a $2 million token swap to procure BAL-WETH liquidity pool tokens from the DeFi protocol, Balancer.
Balancer has introduced the "8020 Initiative" to address the liquidity challenge arising from governance token locking.
Decentralized finance (DeFi) protocol Balancer has attracted several of its peers with a new tokenomics proposal dubbed the "8020 Initiative."
Selling these cryptos before a recession can pay off big time due to recent headwinds in the cryptocurrency space.
Balancer protocol deploys on Polygon's zkEVM, optimizing Ethereum scaling and driving liquidity growth in the zkDeFi ecosystem. Integration of Balancer strengthens the DeFi experience on Polygon, creating a seamless and interconnected user environment.
The emergence of Decentralised Autonomous Organisations (DAOs) on the blockchain has been a game-changer, ushering in a new era of decentralized community administration.
