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balancer

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Hacker drained the USPD DeFi protocol of $1 million in 12 minutes.Unknown attacker on December 5, 2025, completely drained the DeFi protocol United States Peg Dollar (USPD) — a stablecoin that positioned itself as a 'regulatory-compliant' asset of the USA. Total losses amounted to $1.03 million. The attack was made possible due to a critical vulnerability in the smart contract function mint(), which allowed anyone to mint an unlimited number of USPD without corresponding collateral. The exploit lasted only 12 minutes: the hacker created 1,030,000 USPD tokens, exchanged them for USDC and USDT through Curve and Balancer pools, and then withdrew the funds through Tornado Cash.

Hacker drained the USPD DeFi protocol of $1 million in 12 minutes.

Unknown attacker on December 5, 2025, completely drained the DeFi protocol United States Peg Dollar (USPD) — a stablecoin that positioned itself as a 'regulatory-compliant' asset of the USA. Total losses amounted to $1.03 million.

The attack was made possible due to a critical vulnerability in the smart contract function mint(), which allowed anyone to mint an unlimited number of USPD without corresponding collateral. The exploit lasted only 12 minutes: the hacker created 1,030,000 USPD tokens, exchanged them for USDC and USDT through Curve and Balancer pools, and then withdrew the funds through Tornado Cash.
Balancer (BAL): Programmable AMM & Dynamic Liquidity Infrastructure Balancer provides customizable AMM pools (up to 8 tokens) with dynamic weights, automated rebalancing, and boosted yield options. V3 introduces hooks for programmable behavior, MEV resistance, and auto-compounding Boosted Pools. BAL token holders stake for veBAL governance and fee revenue, while Arbitrum/Base deployments increase L2 efficiency. 📈 Key Metrics (Dec 6, 2025): TVL: $257.7M | Active Pools: 6,100+ | 24h Volume: $27.7M Market Cap: $70–$80M | Price: ~$0.72–$0.82 | veBAL Yield: 4–8% APR Circulating Supply: 98M BAL | Emissions: Weekly halving Highlights: V3 Boosted Pools, dynamic hooks, L2 migrations, fee-positive DAO strategies, and MEV-protected trading. 💎 Bullish Insight: “Balancer’s programmable AMM and L2 focus position BAL for $0.80–$1.10 by end-2025, with long-term upside from DAO-driven revenue and cross-chain liquidity scaling.” #Balancer #BAL #DeFiInfrastructure #AMM #LinkedInCrypto $BAL
Balancer (BAL): Programmable AMM & Dynamic Liquidity Infrastructure

Balancer provides customizable AMM pools (up to 8 tokens) with dynamic weights, automated rebalancing, and boosted yield options. V3 introduces hooks for programmable behavior, MEV resistance, and auto-compounding Boosted Pools. BAL token holders stake for veBAL governance and fee revenue, while Arbitrum/Base deployments increase L2 efficiency.

📈 Key Metrics (Dec 6, 2025):

TVL: $257.7M | Active Pools: 6,100+ | 24h Volume: $27.7M

Market Cap: $70–$80M | Price: ~$0.72–$0.82 | veBAL Yield: 4–8% APR

Circulating Supply: 98M BAL | Emissions: Weekly halving

Highlights: V3 Boosted Pools, dynamic hooks, L2 migrations, fee-positive DAO strategies, and MEV-protected trading.

💎 Bullish Insight:
“Balancer’s programmable AMM and L2 focus position BAL for $0.80–$1.10 by end-2025, with long-term upside from DAO-driven revenue and cross-chain liquidity scaling.”

#Balancer #BAL #DeFiInfrastructure #AMM #LinkedInCrypto
$BAL
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💀 BALANCER ATTACKED: DAMAGE $128M! One of the oldest AMM protocols on Ethereum has fallen victim to a massive hack. Balancer, launched back in 2020, faced an attack on wrapped versions $ETH . This is a harsh reminder: even time-tested projects are vulnerable. Security in DeFi remains critically important. Always assess risks and diversify assets! #Balancer #DeFi #Hack #Security #CryptoNews {spot}(ETHUSDT)
💀 BALANCER ATTACKED: DAMAGE $128M!

One of the oldest AMM protocols on Ethereum has fallen victim to a massive hack. Balancer, launched back in 2020, faced an attack on wrapped versions $ETH .

This is a harsh reminder: even time-tested projects are vulnerable. Security in DeFi remains critically important.

Always assess risks and diversify assets!

#Balancer #DeFi #Hack #Security #CryptoNews
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🚨 BALANCER UNDER ATTACK — $70M DAMAGE! The DeFi protocol Balancer has become a victim of a hacker attack. Wrapped versions worth ~$70 million were stolen, totaling $ETH . This is a harsh reminder: security in DeFi still remains a vulnerable point. Even large projects are not immune to risks. Stay vigilant and always check the security of your assets! #Balancer #DeFi #Hack #Security #CryptoNews {spot}(ETHUSDT)
🚨 BALANCER UNDER ATTACK — $70M DAMAGE!

The DeFi protocol Balancer has become a victim of a hacker attack. Wrapped versions worth ~$70 million were stolen, totaling $ETH .

This is a harsh reminder: security in DeFi still remains a vulnerable point. Even large projects are not immune to risks.

Stay vigilant and always check the security of your assets!

#Balancer #DeFi #Hack #Security #CryptoNews
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🚨🚨🚨 BREAKING 🚨🚨🚨 🚨LATEST🚨 ALL these protocols #DeFi are FORKS of the HACKED EXCHANGE "Balancer" Experts recommend WITHDRAWING the liquidity provided in the pools of these protocols because they could suffer the same exploit as #Balancer
🚨🚨🚨 BREAKING 🚨🚨🚨

🚨LATEST🚨

ALL these protocols #DeFi are FORKS of the HACKED EXCHANGE "Balancer"

Experts recommend WITHDRAWING the liquidity provided in the pools of these protocols because they could suffer the same exploit as #Balancer
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DeFi Security Alert: Balancer Issues Final Ultimatum to Hackers, Recovers $116.6 Million in Stolen Funds!\n\nBalancer has issued a final ultimatum to the attackers, demanding the return of $116.6 million in stolen funds by November 9, or face legal action. Collaborators may receive a bounty and be spared from prosecution. This is not only an attempt to recover assets but also a case of how DeFi protocols seek to balance on-chain and off-chain legal considerations in the face of security incidents. This event will further question the risk management and emergency response mechanisms of DeFi protocols. If successful, it could set a precedent for handling similar incidents in the future, but if it fails, it will exacerbate market concerns about DeFi security. Investors should be vigilant about related risks. #DeFi安全 #Balancer #区块链治理 🚨
DeFi Security Alert: Balancer Issues Final Ultimatum to Hackers, Recovers $116.6 Million in Stolen Funds!\n\nBalancer has issued a final ultimatum to the attackers, demanding the return of $116.6 million in stolen funds by November 9, or face legal action. Collaborators may receive a bounty and be spared from prosecution. This is not only an attempt to recover assets but also a case of how DeFi protocols seek to balance on-chain and off-chain legal considerations in the face of security incidents. This event will further question the risk management and emergency response mechanisms of DeFi protocols. If successful, it could set a precedent for handling similar incidents in the future, but if it fails, it will exacerbate market concerns about DeFi security. Investors should be vigilant about related risks. #DeFi安全 #Balancer #区块链治理 🚨
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Bullish
“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.” – Satoshi Nakamoto. $CAKE $1INCH {spot}(1INCHUSDT) {spot}(CAKEUSDT) PancakeSwap, 1inch, and Balancer enhance DeFi accessibility. PancakeSwap’s low fees on Binance Smart Chain attract users. 1inch aggregates DEXs for optimal trades. Balancer’s flexible pools enable custom liquidity. These platforms make DeFi user-friendly, driving adoption. Explore their features!$BNB {spot}(BNBUSDT) #PancakeSwap #1inch #Balancer #DeFiAccess #CryptoTrading
“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.” – Satoshi Nakamoto.
$CAKE $1INCH

PancakeSwap, 1inch, and Balancer enhance DeFi accessibility. PancakeSwap’s low fees on Binance Smart Chain attract users. 1inch aggregates DEXs for optimal trades. Balancer’s flexible pools enable custom liquidity. These platforms make DeFi user-friendly, driving adoption. Explore their features!$BNB

#PancakeSwap #1inch #Balancer #DeFiAccess #CryptoTrading
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Bullish
One of the cryptocurrencies with strong potential for success is $BAL , the native token of the #balancer protocol, a leading decentralized finance (DeFi) protocol. 📍 Market Overview: Market cap: Approximately $164 million, which is reasonable. Circulating supply: 61 million tokens out of a maximum supply of 96 million. Total Value Locked (TVL): $1.084 billion on the protocol. Technical Analysis: Weekly support level at $2.470: Holding above this level could lead to targets of $2.950 initially, followed by $3.700. Losing this support would shift focus to the next critical level at $1.644. Maintaining the $2.470 support is crucial for further upward movement.
One of the cryptocurrencies with strong potential for success is $BAL , the native token of the #balancer protocol, a leading decentralized finance (DeFi) protocol.

📍 Market Overview:

Market cap: Approximately $164 million, which is reasonable.

Circulating supply: 61 million tokens out of a maximum supply of 96 million.

Total Value Locked (TVL): $1.084 billion on the protocol.

Technical Analysis:

Weekly support level at $2.470: Holding above this level could lead to targets of $2.950 initially, followed by $3.700.

Losing this support would shift focus to the next critical level at $1.644.

Maintaining the $2.470 support is crucial for further upward movement.
Bal/usdt Entry :   3.1/3.03 Target 1: 3.18✅ 🔥 الهدف الأول خلال 3 دقائق فقط 🔥 $BAL #balancer
Bal/usdt

Entry :   3.1/3.03

Target 1: 3.18✅
🔥 الهدف الأول خلال 3 دقائق فقط 🔥
$BAL #balancer
trading masters official
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Bullish
🛑 High risk... Stick to the deal entry ratio

Bal/usdt

Entry :   3.1/3.03

Target 1: 3.18

Target 2: 3.37

Target 3: 3.77

Target 4: 4.14

Stop loss :  4-hour close below 2.9

Entry ratio 2%
$BAL
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Balancer was hacked for $1.28 billion, and the cost of DeFi 'innovation' is too high!💀 Balancer V2 protocol was hacked for $1.28 billion, and more alarmingly, up to 27 forked protocols are facing the same systemic risks. This once again proves that the so-called 'innovation' in the DeFi world often comes with enormous vulnerabilities. When vulnerabilities are discovered, it is always the ordinary users who trust the code that suffer. The so-called 'decentralized finance' remains a centralized disaster in the face of security. Don't believe those flashy promotions anymore; risk is always the top priority. #DeFi #安全漏洞 #balancer
Balancer was hacked for $1.28 billion, and the cost of DeFi 'innovation' is too high!💀

Balancer V2 protocol was hacked for $1.28 billion, and more alarmingly, up to 27 forked protocols are facing the same systemic risks. This once again proves that the so-called 'innovation' in the DeFi world often comes with enormous vulnerabilities. When vulnerabilities are discovered, it is always the ordinary users who trust the code that suffer. The so-called 'decentralized finance' remains a centralized disaster in the face of security. Don't believe those flashy promotions anymore; risk is always the top priority. #DeFi #安全漏洞 #balancer
🔥 $116M BALANCER HACK — HERE’S THE BIG UPDATE EVERYONE NEEDS TO KNOW! 🚨🧵 The Balancer community has finally received clarity after one of the most sophisticated DeFi exploits of 2025. A new proposal is now live — and it directly impacts everyone affected by the $116M attack. 💰 What’s Happening? White-hat hackers, internal rescuers, and StakeWise managed to recover $28M of the stolen funds. But the current proposal focuses only on $8M recovered by white-hats + internal teams. The remaining ~$20M recovered by StakeWise will be handled separately for its users. 🟦 How Users Will Be Reimbursed (Important!) The community is pushing for a fair + transparent payout model: ✅ Non-socialized refunds — only the pools that actually lost funds get reimbursed ✅ Pro-rata distribution — payouts according to each user’s share (BPT holders) ✅ Paid in-kind — victims will receive the same tokens they originally lost No price mismatches. No forced conversions. No unfair dilution. 🔍 How the Exploit Happened Despite 11 top-tier audits, Balancer was still breached. Cyvers CEO Deddy Lavid even called it one of the most advanced attacks of the year. The attacker used: ⚙️ A flaw in the Stable Pools’ rounding function for EXACT_OUT swaps 🔄 Combined with a batched swap technique ➡️ Result: They manipulated values that should round down… to round up, draining millions in one shot. 🛡️ The Takeaway? Even heavily audited DeFi protocols aren’t bulletproof. Security threats are evolving — and user safety must evolve with it. This refund proposal could become a new standard for how DeFi handles post-exploit recovery. Massive moment for transparency. Massive moment for DeFi. 🚀 Do you support this refund model? Let’s discuss in the comments! #Balancer #DeFiExploit #DeFi #ETH
🔥 $116M BALANCER HACK — HERE’S THE BIG UPDATE EVERYONE NEEDS TO KNOW! 🚨🧵

The Balancer community has finally received clarity after one of the most sophisticated DeFi exploits of 2025. A new proposal is now live — and it directly impacts everyone affected by the $116M attack.

💰 What’s Happening?
White-hat hackers, internal rescuers, and StakeWise managed to recover $28M of the stolen funds.
But the current proposal focuses only on $8M recovered by white-hats + internal teams.
The remaining ~$20M recovered by StakeWise will be handled separately for its users.

🟦 How Users Will Be Reimbursed (Important!)
The community is pushing for a fair + transparent payout model:
✅ Non-socialized refunds — only the pools that actually lost funds get reimbursed
✅ Pro-rata distribution — payouts according to each user’s share (BPT holders)
✅ Paid in-kind — victims will receive the same tokens they originally lost
No price mismatches. No forced conversions. No unfair dilution.

🔍 How the Exploit Happened
Despite 11 top-tier audits, Balancer was still breached.
Cyvers CEO Deddy Lavid even called it one of the most advanced attacks of the year.

The attacker used:
⚙️ A flaw in the Stable Pools’ rounding function for EXACT_OUT swaps
🔄 Combined with a batched swap technique
➡️ Result: They manipulated values that should round down… to round up, draining millions in one shot.

🛡️ The Takeaway?
Even heavily audited DeFi protocols aren’t bulletproof.
Security threats are evolving — and user safety must evolve with it.

This refund proposal could become a new standard for how DeFi handles post-exploit recovery.
Massive moment for transparency. Massive moment for DeFi.

🚀 Do you support this refund model? Let’s discuss in the comments!
#Balancer #DeFiExploit #DeFi #ETH
🚨 Balancer Hack Update: Exploiter Begins Selling Stolen Tokens After Protocol Recovers $4.1M The Balancer saga continues as the attacker behind the major exploit has now started moving and liquidating the stolen funds, just hours after the protocol announced recovering $4.1 million through new investigations. 🔑 Key Highlights: ✅ Exploiter transfers 6,999 $ETH to a fresh address likely prepping for large-scale cashouts ✅ Movement follows earlier test transfers, a common tactic before major liquidation ✅ Balancer recently recovered $4.1M after uncovering a new attack vector in its upscale function ✅ StakeWise also recovered 19.3M osETH, cutting stolen losses from $117M to $98M ✅ Other platforms like Stader Polygon have resumed operations after temporarily halting withdrawals 💥 Exploiter Starts Offloading Stolen ETH Arkham Intelligence flagged the movement of nearly 7,000 ETH from the exploiter’s wallet a clear sign the attacker is starting to offload stolen tokens. This follows a small 1 ETH test transaction, confirming the route before executing large transfers. These movements come as Balancer continues recovery efforts, identifying a precision-based exploit involving tiny swap losses repeated thousands of times generating massive illicit profits for the attacker. 🔧 Recovery Efforts Continue $4.1M recovered by Balancer after finding the bug origin StakeWise clawed back 19.3M osETH Stader Polygon resumed MaticX unstaking amid stabilizing systems The partial recovery has reduced total losses but the attacker still controls millions in stolen funds. 🛑 2025: A Brutal Year for Crypto Hacks The Balancer exploit adds to a long list of major attacks this year: 🔸 Cetus Protocol: $260M lost 🔸 Bybit breach: $1.4B drained 🔸 BigONE hot wallet hack: $27M stolen 🔸 Multiple cross-chain exploits impacting SUI, USDC, and ETH Hackers continue to target DeFi platforms using more advanced, multi-layered attack routes. #Balancer #CryptoHack #DeFi #ETH
🚨 Balancer Hack Update: Exploiter Begins Selling Stolen Tokens After Protocol Recovers $4.1M

The Balancer saga continues as the attacker behind the major exploit has now started moving and liquidating the stolen funds, just hours after the protocol announced recovering $4.1 million through new investigations.

🔑 Key Highlights:

✅ Exploiter transfers 6,999 $ETH to a fresh address likely prepping for large-scale cashouts

✅ Movement follows earlier test transfers, a common tactic before major liquidation

✅ Balancer recently recovered $4.1M after uncovering a new attack vector in its upscale function

✅ StakeWise also recovered 19.3M osETH, cutting stolen losses from $117M to $98M

✅ Other platforms like Stader Polygon have resumed operations after temporarily halting withdrawals

💥 Exploiter Starts Offloading Stolen ETH

Arkham Intelligence flagged the movement of nearly 7,000 ETH from the exploiter’s wallet a clear sign the attacker is starting to offload stolen tokens.

This follows a small 1 ETH test transaction, confirming the route before executing large transfers.

These movements come as Balancer continues recovery efforts, identifying a precision-based exploit involving tiny swap losses repeated thousands of times generating massive illicit profits for the attacker.


🔧 Recovery Efforts Continue

$4.1M recovered by Balancer after finding the bug origin

StakeWise clawed back 19.3M osETH

Stader Polygon resumed MaticX unstaking amid stabilizing systems

The partial recovery has reduced total losses but the attacker still controls millions in stolen funds.

🛑 2025: A Brutal Year for Crypto Hacks

The Balancer exploit adds to a long list of major attacks this year:

🔸 Cetus Protocol: $260M lost

🔸 Bybit breach: $1.4B drained

🔸 BigONE hot wallet hack: $27M stolen

🔸 Multiple cross-chain exploits impacting SUI, USDC, and ETH

Hackers continue to target DeFi platforms using more advanced, multi-layered attack routes.

#Balancer #CryptoHack #DeFi #ETH
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Bullish
Balancer ($BAL ) / USDT Today’s Analysis – Bullish Momentum Continues! 📈 Balancer (BAL) is showing strong upward movement with impressive gains. Here's the analysis: 🔴 Current Price: $3.04 (as of Jan 18, 2025) 🔴 Intraday High: $3.31 🔴 Intraday Low: $2.58 {spot}(BALUSDT) 📊 Key Levels to Watch: Resistance Level: $3.31 Support Level: $2.58 Click and trade here 👉$BAL 📌 🔍 Technical Overview: Short-Term Outlook: BAL has gained 17.83% in the last 24 hours, showing strong bullish momentum. The RSI is nearing overbought territory, signaling potential pullbacks before further gains. Medium-Term Outlook: The MACD is indicating a bullish crossover, suggesting continued upward momentum. The 20-day EMA is trending upwards, reinforcing the bullish trend. click and trade here 👉$BAL 📌 💬 Outlook: If BAL breaks above $3.31, we could see further price increases. However, a drop below $2.58 may signal a reversal. 🔗 Stay tuned for more updates on this bullish trend! 🔑 #Balancer #BAL #CryptoMarket #TechnicalAnalysis #PricePrediction
Balancer ($BAL ) / USDT Today’s Analysis – Bullish Momentum Continues! 📈

Balancer (BAL) is showing strong upward movement with impressive gains. Here's the analysis:

🔴 Current Price: $3.04 (as of Jan 18, 2025)
🔴 Intraday High: $3.31
🔴 Intraday Low: $2.58


📊 Key Levels to Watch:

Resistance Level: $3.31

Support Level: $2.58

Click and trade here 👉$BAL 📌
🔍 Technical Overview:

Short-Term Outlook:
BAL has gained 17.83% in the last 24 hours, showing strong bullish momentum. The RSI is nearing overbought territory, signaling potential pullbacks before further gains.

Medium-Term Outlook:
The MACD is indicating a bullish crossover, suggesting continued upward momentum. The 20-day EMA is trending upwards, reinforcing the bullish trend.

click and trade here 👉$BAL 📌
💬 Outlook:
If BAL breaks above $3.31, we could see further price increases. However, a drop below $2.58 may signal a reversal.

🔗 Stay tuned for more updates on this bullish trend!

🔑 #Balancer #BAL #CryptoMarket #TechnicalAnalysis #PricePrediction
​🚨 SECURITY ALERT: Hacks Surge 10X! $127M Lost in November ​The decentralized finance (DeFi) ecosystem suffered a catastrophic security regression in November, confirming that "Code Fragility" is the industry's biggest threat. ​10x Spike: Total losses from exploits and hacks surged by nearly 1,000% month-over-month. ​Total Damage: The industry lost approximately $127 million (CertiK) to $194 million (PeckShield) in November alone. ​Vector Shift: Smart contract vulnerabilities have reclaimed the title of the primary attack vector, exposing deep flaws in code. ​📉 Major Incidents: ​Balancer & Forks: The largest impact came from the Balancer v2 exploit and its forks, costing the DeFi space $137.4 million (though some was recovered). ​Upbit & Others: Major losses were also recorded from centralized exchanges (Upbit, ~$30M, blamed on Lazarus Group) and DeFi protocols like Yearn Finance (~$9.1M). ​🔥 Key Takeaway: This massive surge in exploits is contributing to the recent market downturn and severely damaging institutional and investor confidence in DeFi protocols. ​👉 Action: Always double-check contract approvals, use multi-sig wallets where possible, and prioritize protocols that have undergone rigorous, multi-firm audits! ​#CryptoSecurity #DeFiHacks #balancer #CodeFragility #Web3Security @TheStakerX $DEFI {future}(DOGEUSDT) {future}(BTCUSDT) {spot}(XRPUSDT)
​🚨 SECURITY ALERT: Hacks Surge 10X! $127M Lost in November
​The decentralized finance (DeFi) ecosystem suffered a catastrophic security regression in November, confirming that "Code Fragility" is the industry's biggest threat.
​10x Spike: Total losses from exploits and hacks surged by nearly 1,000% month-over-month.
​Total Damage: The industry lost approximately $127 million (CertiK) to $194 million (PeckShield) in November alone.
​Vector Shift: Smart contract vulnerabilities have reclaimed the title of the primary attack vector, exposing deep flaws in code.
​📉 Major Incidents:
​Balancer & Forks: The largest impact came from the Balancer v2 exploit and its forks, costing the DeFi space $137.4 million (though some was recovered).
​Upbit & Others: Major losses were also recorded from centralized exchanges (Upbit, ~$30M, blamed on Lazarus Group) and DeFi protocols like Yearn Finance (~$9.1M).
​🔥 Key Takeaway: This massive surge in exploits is contributing to the recent market downturn and severely damaging institutional and investor confidence in DeFi protocols.
​👉 Action: Always double-check contract approvals, use multi-sig wallets where possible, and prioritize protocols that have undergone rigorous, multi-firm audits!
#CryptoSecurity #DeFiHacks #balancer #CodeFragility #Web3Security @TheStakerX $DEFI
🚨 #BALANCER HACKER ON THE MOVE! 🚨 The exploiter just shifted massive ETH bags straight into Tornado Cash. No hesitation. No pause. FULL WASH MODE ACTIVATED. 💥 On‑chain Alerts: – Hacker wallet drains liquidity – Fresh transfers to Tornado – Investigators tracking every hop ⚠️ This is NOT a drill. The Balancer attack saga continues — and the cash-out phase has officially begun. Stay sharp. Markets react FAST when hackers make moves. #Balancer #HackAlert #CryptoSecurity $ADA $OM $NEO

🚨 #BALANCER HACKER ON THE MOVE! 🚨
The exploiter just shifted massive ETH bags straight into Tornado Cash.
No hesitation. No pause. FULL WASH MODE ACTIVATED.

💥 On‑chain Alerts:
– Hacker wallet drains liquidity
– Fresh transfers to Tornado
– Investigators tracking every hop

⚠️ This is NOT a drill.
The Balancer attack saga continues — and the cash-out phase has officially begun.
Stay sharp. Markets react FAST when hackers make moves.

#Balancer #HackAlert #CryptoSecurity
$ADA $OM $NEO
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Bearish
It was a brutal week for DeFi. First came the #Balancer V2 #HACK and now the domino effect from the crash of "stablecoins" like DEUSD, XUSD, ASUSD and USDX has sent shockwaves across the sector 🔽 😫 These tokens were deemed as “safe” yield-bearing stables, but behind the scenes they leaked. One protocol borrowed ~65 % of its collateral into its own yield loop, other protocols lended money to it for those loops, losses piled up, redemptions froze and the pegs collapsed. ❗️ If you’re in DeFi, now is the time to withdraw from risky protocols with even partial exposure to these projects due to increased systemic risk. Better safe than sorry #Hacked #HackerAlert
It was a brutal week for DeFi. First came the #Balancer V2 #HACK and now the domino effect from the crash of "stablecoins" like DEUSD, XUSD, ASUSD and USDX has sent shockwaves across the sector 🔽

😫 These tokens were deemed as “safe” yield-bearing stables, but behind the scenes they leaked. One protocol borrowed ~65 % of its collateral into its own yield loop, other protocols lended money to it for those loops, losses piled up, redemptions froze and the pegs collapsed.

❗️ If you’re in DeFi, now is the time to withdraw from risky protocols with even partial exposure to these projects due to increased systemic risk.

Better safe than sorry

#Hacked #HackerAlert
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Bullish
$BAL Balancer (BAL) is currently available for purchase on Binance and is a promising cryptocurrency. BAL is the governance token for the Balancer protocol, an automated liquidity protocol operating on the Ethereum blockchain. BAL token holders can participate in governance decisions of the Balancer protocol, and liquidity providers can earn BAL as rewards. As of today, the price of BAL is $2.99, with a daily high of $3.31 and a low of $2.50. The market capitalization of BAL stands at $126,531,208.51, and the 24-hour trading volume is $5,362,015.78. BAL tokens can be purchased on Binance, making it an interesting investment option due to its potential for growth. {spot}(BALUSDT) #Balancer #BAL #Cryptocurrency #LiquidityProtoco #GovernanceToken
$BAL

Balancer (BAL) is currently available for purchase on Binance and is a promising cryptocurrency. BAL is the governance token for the Balancer protocol, an automated liquidity protocol operating on the Ethereum blockchain. BAL token holders can participate in governance decisions of the Balancer protocol, and liquidity providers can earn BAL as rewards.

As of today, the price of BAL is $2.99, with a daily high of $3.31 and a low of $2.50. The market capitalization of BAL stands at $126,531,208.51, and the 24-hour trading volume is $5,362,015.78.

BAL tokens can be purchased on Binance, making it an interesting investment option due to its potential for growth.


#Balancer #BAL #Cryptocurrency #LiquidityProtoco #GovernanceToken
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