Ethereum-based DeFi protocol Balancer was exploited on Nov. 3, with losses exceeding $70 million. Attackers drained multiple liquidity pools and moved funds into a single new wallet within minutes.

Most breaches don’t outsmart your stack; they walk through a permissive load balancer you tuned for speed instead of trust.

DeFi protocol Balancer is the target of an ongoing exploit, with more than $116 million in staked Ether tokens transferred to a new wallet. Update Nov. 3, 10:42 am UTC: This article has been updated ...

According to data shared by Lookonchain on X (formerly Twitter), the attackers transferred roughly 6,587 WETH, worth around $24.46 million, 6,851 osETH, valued at nearly $26.86 million, and 4,260 ...

Balancer, one of the oldest DeFi protocols, has been exploited on multiple chains. Within an hour, the estimated losses expanded from $70M to over $116M. Balancer was the target of the most recent ...

The DAO behind the exchange issued an onchain warning to those responsible for a major exploit: Return the funds for a bounty or face the consequences. The Balancer Decentralized Autonomous ...