Friday, December 1, 2023
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DeFi protocol Balancer frontend is under attack, $238K crypto stolen

Balancer, an Ethereum-based decentralized finance protocol has confirmed its user interface is currently "under an attack."The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer's protocol until further notice.The balancer frontend is under an attack. The issue is currently under investigation.

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Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, Ethereum staking services have agreed upon a 22% limit on all validators to ensure fair markets. August proved to

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Balancer exploited in nearly $900k after vulnerability warning

Ethereum automated market maker and decentralized finance protocol Balancer was exploited for nearly $900,000, the protocol confirmed on X (formerly Twitter) on Aug. 27, just days after disclosing a vulnerability that affected several pools.An Ethereum address allegedly belonging to the attacker has been revealed by blockchain security expert Meier Dolev.

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