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.

Balancer Labs has decided to call it quits six months after its namesake protocol suffered a major security breach that founders say caused reputational damage and triggered a sell-off in the Balancer ...

A critical smart-contract flaw in Balancer V2 allowed unauthorized withdrawals totaling over $100 million. The incident spanned multiple networks and assets, exposing systemic vulnerabilities in DeFi ...

The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...

One of Ethereum’s leading decentralized finance (DeFi) protocols has suffered a major cyber-attack, resulting in cryptocurrency losses estimated to exceed $120m. Balancer is an automated market maker ...