Balancer has announced a plan to distribute approximately $8 million to users impacted by a recent exploit that drained over $128 million from its DeFi platform. The funds, […]
Balancer Unveils Plan to Compensate Users After Major v2 Exploit
Balancer has released a detailed proposal outlining its plan to repay nearly $8 million in recovered assets from the November 2023 v2 exploit. The proposal outlines the process […]
Balancer Recovers $8 Million in Funds After DeFi Breach, Redistributes to Users
Following a major hack that resulted in the theft of over $128 million worth of assets from Balancer, a prominent decentralized finance (DeFi) protocol, the company has unveiled […]
Balancer to Reimburse Users after $116 Million Hack: New Compensation Plan Unveiled
Following a devastating $116 million hack, the Balancer community has proposed a plan for compensating affected users. The proposal outlines how $8 million of recovered assets will be […]
Balancer to Refund Investors Impacted by $128 Million Exploit
Following a successful recovery of $128 million from the recent exploit on its platform, Balancer has announced plans to return funds to affected liquidity providers. The estimated amount […]
Balancer Refunds $128 Million After DeFi Exploit, Signals Confidence in Market Stability
A significant exploit affecting Balancer v2 pools led to a loss of $128 million but the platform is now taking steps to restore lost funds. Balancer has initiated […]
Balancer DAO Launches $8 Million Recovery Plan for November Exploit
The Balancer DAO is taking proactive steps to address the aftermath of a $110 million exploit in November. As part of its recovery plan, the DAO will provide […]
Balancer DAO Proposes $8M Re-Distribution Post-Exploit
Following a significant exploit that impacted Balancer’s Total Value Locked (TVL) and token value, the DAO has proposed a plan to distribute $8 million in recovered assets. This […]
Balancer Community Proposes $8 Million Reimbursement Plan After $116M Hack
Following the successful retrieval of a portion of the funds stolen in Balancer’s significant November exploit, the protocol community has proposed a plan to distribute these recovered funds. […]
Balancer Protocol Unveils Recovered Funds Distribution Plan
The Balancer protocol has proposed a distribution plan for a portion of the recovered funds following a significant $116 million exploit in November. Roughly $28 million was recovered […]
Balancer Proposes Plan for Recovering Funds From November Hack
The Balancer protocol community has proposed a plan to distribute funds recovered from the $116 million hack that occurred in November. Two members of the community submitted a […]
Balancer Hacker Launders $6.36M in ETH via Tornado Cash
A significant development has emerged in the ongoing Balancer hacking saga as the hacker behind the theft laundered a whopping $6.36 million worth of Ethereum (ETH) through Tornado […]
Balancer Hacks: $6.36 Million Laundered via Tornado Cash
Two thousand Ethereum (ETH), valued at $6.36 million, were illegally laundered through the Tornado Cash mixer following a Balancer hack on November 15th. This act raises significant concerns […]
Balancer Hacker Employs Tornado Cash for $100M ETH Laundering
A recent security breach involving the decentralized finance platform, Balancer, has highlighted a worrying trend: the use of the controversial mixing service, Tornado Cash, by cybercriminals. The hacker […]
Balancer Hackers Launder $6.36 Million in ETH via Tornado Cash
Recent reports reveal Balancer hackers employed Tornado Cash to launder stolen funds, highlighting recurring vulnerabilities within DeFi protocols. On November 15th, PANews reported that approximately $6.36 million in […]