DeFi Protocol Balancer Hit By Multimillion-dollar Exploit
DeFi Protocol Balancer Hit By Multimillion-dollar Exploit
6 months ago
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Coinsauce on Instagram: "The decentralized exchange Balancer has suffered a massive exploit, with over $128 million drained from its liquidity pools. Analysts from PeckShield flagged suspicious transfers of WETH, osETH, and wstETH from Balancer’s main wallet to an external address. The team later confirmed the breach and said an investigation is underway. Despite completing audits with firms like Certora, OpenZeppelin, and Trail of Bits, the hack still occurred — highlighting that even audited p
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