Balancer Suffers Major DeFi Exploit — $110M Drained
Balancer, the decentralized finance protocol with over $750M in total value locked, appears to have been hit by its largest exploit yet. On-chain data shows $110M in crypto moved to a new wallet, impacting Balancer V2 vaults.
💰 Affected Assets:
6,850 osETH
6,590 WETH
4,260 wstETH
This incident highlights the ongoing risks in DeFi security and the importance of monitoring smart contract vulnerabilities.
#balancer #DefiExploit #CryptoSecurity
Balancer, the decentralized finance protocol with over $750M in total value locked, appears to have been hit by its largest exploit yet. On-chain data shows $110M in crypto moved to a new wallet, impacting Balancer V2 vaults.
💰 Affected Assets:
6,850 osETH
6,590 WETH
4,260 wstETH
This incident highlights the ongoing risks in DeFi security and the importance of monitoring smart contract vulnerabilities.
#balancer #DefiExploit #CryptoSecurity