On-chain analytics company Nansen reported that the decentralized finance platform (DeFi) Balancer may have been seriously attacked. Approximately 70.9 million USD in digital assets has been transferred to a strange wallet, indicating the potential exploitation of a vulnerability. The stolen assets include 6,850 osETH, 6,590 WETH, and 4,260 wstETH — all of which are tokens related to the Ethereum ecosystem.
This is one of the largest DeFi attacks in recent times, raising concerns about smart contract vulnerabilities and the safety of liquidity pools. While investigators are tracing the flow of stolen funds, the Balancer team has yet to make an official statement regarding the incident. Users are advised to exercise caution and avoid interacting with potentially affected pools.
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Balancer may have been hacked, losing more than 70 million USD.
On-chain analytics company Nansen reported that the decentralized finance platform (DeFi) Balancer may have been seriously attacked. Approximately 70.9 million USD in digital assets has been transferred to a strange wallet, indicating the potential exploitation of a vulnerability. The stolen assets include 6,850 osETH, 6,590 WETH, and 4,260 wstETH — all of which are tokens related to the Ethereum ecosystem.
This is one of the largest DeFi attacks in recent times, raising concerns about smart contract vulnerabilities and the safety of liquidity pools. While investigators are tracing the flow of stolen funds, the Balancer team has yet to make an official statement regarding the incident. Users are advised to exercise caution and avoid interacting with potentially affected pools.