Balancer, one of the oldest DeFi protocols, has been exploited on multiple chains. Within an hour, the estimated losses expanded from $70M to over $116M. Balancer was the target of the most recent ...

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.

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 ...