Balancer Network Suffers Major Hack, $129 Million Stolen Across Multiple Chains

A sophisticated cyberattack on the Balancer blockchain has resulted in a theft of over $129 million in cryptocurrency assets across several interconnected networks. This incident affects multiple chains including Ethereum, Base and Berachain, highlighting the vulnerability of decentralized finance (DeFi) protocols to such attacks. The impact is significant as these stolen funds are now potentially inaccessible.