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The Ethereum-based DeFi protocol Balancer was exploited on November 3, resulting in losses exceeding $70 million. Attackers drained multiple liquidity pools and moved funds into a single new wallet ...

Ethereum-based DeFi protocol Balancer was exploited on Nov. 3, with losses exceeding $70 million. Attackers drained multiple liquidity pools and moved funds into a single new wallet within minutes.

Balancer Labs, the team behind the DeFi protocol Balancer, is shutting down after mounting financial pressure following a $116 million hack in November, with executives proposing to continue the ...

(MENAFN- Crypto Breaking) Balancer Labs, the corporate backbone behind the Balancer DeFi protocol, is winding down after years of pressure and a devastating $116 million hack in November. Executives ...

Balancer, an open-source protocol and liquidity provider, announced today the official launch of AAVE-powered Boosted Pools. The “Automated Market Maker” Pools (AMM) set to be deployed by the protocol ...

Decentralized finance (DeFi) liquidity protocol Balancer’s service providers revealed they are slashing their operating budgets and laying off staff in a move to overhaul Balancer’s brand strategy ...