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.

Balancer is a decentralized protocol built on the Ethereum blockchain that allows users to create and manage automated portfolio-like pools. These pools, composed of multiple tokens, are intelligently ...

In the rapidly evolving world of decentralized finance (DeFi), Balancer BAL has emerged as a powerful tool for automated portfolio management. DeFi has revolutionized traditional finance by providing ...

Decentralized finance (DeFi) protocol Balancer has attracted several of its peers to a proposal that aims to increase liquidity and reduce price slippage by replacing the single-asset staking model ...

DeFi protocol Balancer is the target of an ongoing exploit, with more than $116 million in staked Ether tokens transferred to a new wallet. Update Nov. 3, 10:42 am UTC: This article has been updated ...

The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users not to interact with the Balancer protocol until further notice. Balancer, an Ethereum-based decentralized finance ...

Blockchain analytics platform PerkShield has reported a likely exploit on Balancer, a popular Decentralized Finance (DeFi) protocol. The withdrawals from the platform were allegedly running to the ...

One of Ethereum’s leading decentralized finance (DeFi) protocols has suffered a major cyber-attack, resulting in cryptocurrency losses estimated to exceed $120m. Balancer is an automated market maker ...

There is rarely a day that Bitcoin is not in the news. However, Bitcoin, which set the ball rolling for cryptos as we know them today, comes with its own set of issues. For instance, due to its ...