Balancer Finds ‘Critical Vulnerability' and Urges Users to Withdraw From Some Liquidity Pools
Balancer has discovered a critical vulnerability that has affected a number of V2 Pools within its ecosystem.
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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.
Balancer would plunder its own trading pools first before other arbitrageurs could.
STX, on the other hand, is the native cryptocurrency of the Stacks network, used to power smart contracts for bitcoin, reward miners, and allow holders to earn bitcoin by staking.Balancer, finally, is a decentralized finance (DeFi) protocol running on top of Ethereum that seeks to incentivize a distributed network of computers to run a decentralized exchange where users can buy and sell any cryptocurrency.
The protocol's service providers have let go of two front-end engineers as they focus on overhauling the platform's brand.
Ethereum-based projects have come together to provide protection against maximal extractable value (MEV) attacks.
On March 8, Euler had over $311 million in crypto locked inside its smart contracts. Its total value locked has since fallen to $10.37 million.
More than a year ago, Balancer created its Boosted Pool to attract liquidity to the protocol by providing investors with additional incentives. How balanced has this made the protocol and its native token – BAL?
Balancer's [BAL] Total Value Locked (TVL) has decreased, according to a weekly scorecard. Although the protocol has taken a hit, the Decentralized Finance industry has also been affected by the recent crypto market downturn.
Explore the world of liquidity mining with our in-depth analysis of 1inch, Uniswap, SushiSwap, Curve, and Balancer.
Crypto Twitter was awash, last week, with speculation about a teaser campaign launched by a slew of the top decentralized finance protocols. One by one, the projects tweeted an emoji of two fists bumping and a hint that something was dropping on February 6.
Yearn Finance, Balancer, Euler, MakerDAO, and more than 30 top DeFi dApps are taking part in a "creative campaign" to bring to light the various advantages of permissionless and decentralized protocols.
Ric Burton, the CEO of Balance, has stated that he believes he was taken advantage of by Hayden Adams, the creator of Uniswap, whom he had thought to be one of his "closest friends."
Balancer's native token, BAL, appears to be holding up despite the platform's ongoing security issues. On Friday, Jan. 6, the DeFi project tweeted a statement asking liquidity providers on its platform to withdraw their tokens from certain pools valued at $6.3 million.
DeFi protocol Balancer asked liquidity providers to remove their liquidity immediately from some pools because of a security issue. The post Balancer Warns of Potential Exploit, Asks LPs to Withdraw Assets appeared first on BeInCrypto.