Old Bug May Have Cost Balancer DeFi Protocol Over $100M

Old Bug May Have Cost Balancer DeFi Protocol Over $100M

Balancer DeFi protocol faces a $100M exploit linked to an old 2023 bug, exposing how DeFi vulnerabilities evolve over time.

Balancer Hacker Now Converting Loot to Ethereum: Stolen Funds Surge To $116.6M

Balancer, a major DeFi protocol, has suffered a significant exploit, with approximately $116 million drained from protocol vaults. On-chain data shows large, unusual outflows from Balancer’s “0xBA1…BF2C8” address to an external wallet, including 6,587 WETH (~$24.5M), 6,851 osETH (~$26.9M), and 4,260 wstETH (~$19.3M). The scale and nature of the transfers point to a coordinated attack involving high-value assets across multiple vaults. Balancer h…

OsETH Stolen Funds: StakeWise Achieves Triumphant 73.5% Recovery After Balancer Hack

BitcoinWorld osETH Stolen Funds: StakeWise Achieves Triumphant 73.5% Recovery After Balancer Hack In a significant win for the decentralized finance (DeFi) community, Ethereum staking protocol StakeWise has announced a remarkable recovery of a large portion of its osETH stolen assets following the recent Balancer V2 hack. This development brings a much-needed sigh of relief and demonstrates the resilience of protocols in the face of security bre…

Balancer Exploit Hits $116M, Hacker Offered 20% Deal

Balancer, a decentralized trading platform, has experienced a security incident that resulted in the withdrawal of more than $116 million in crypto into a new wallet.

Hackers Steal Over $120 Million from Balancer DeFi Protocol

Hackers exploited a vulnerability in Balancer's V2 pools, causing over $120 million in losses. The attack involved a precision rounding error or unauthorized contract manipulation in vault calls. Phishing scams emerged following the breach, attempting to trick the hacker into returning the stolen funds. Balancer, a decentralized finance (DeFi) platform, has confirmed that hackers exploited its V2 pools, resulting in a breach of over $120 million…