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 ...