Balancer Protocol, co-founded by Fernando Martinelli and Mike McDonald, operates without a centralized CEO, relying instead on a decentralized governance model driven by DAO discussions. This approach fosters […]
Balancer Faces Major Security Breach, Liquidity Depleted
A critical security breach on October 13th, 2023, impacted Balancer’s DeFi protocol, resulting in a significant loss of funds from its liquidity pools. This incident raises concerns about […]