🚨 The Balancer AMM protocol is suspected to be hacked

On-chain data shows that a transaction withdrawing a large amount of tokens from Balancer's Vault has just been executed, worth over $70M

It is still unclear whether this is a normal asset withdrawal or an attack.

Balancer is an early AMM protocol on Ethereum, currently with a TVL of over $760M

#HackerAlert #AMM $ETH