DeFi Risks: Balancer Vulnerability Threatens Fork Projects

A vulnerability affecting the popular decentralized exchange platform, Balancer, has triggered concerns for DeFi projects built on its fork protocols. The GoPlus Chinese community has issued a warning that all these projects are vulnerable to potential attacks, with several already targeted and experiencing losses. Users are urged to check the Defillama website to identify affected protocols and cease interactions before withdrawing assets to protect their funds. This comes after a previous attack on Balancer resulted in significant financial losses exceeding $116 million.