BlockSec: Balancer and several of its forked protocols were attacked, with total losses of approximately $83.6 million
ChainCatcher News, blockchain security company BlockSec posted on social media that Balancer and several forked protocols have been attacked. The losses are as follows:
Balancer on Ethereum lost 70 million USD;
Balancer on Base lost 3.9 million USD;
Balancer on Polygon lost 117,000 USD;
Beets on Sonic lost 3.4 million USD;
Balancer on Arbitrum lost 5.9 million USD;
Beethoven on Optimism lost 283,000 USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RootData: BounceBit (BB) will unlock tokens worth approximately $3.28 million in one week
Trending news
MoreQualcomm’s Q4 earnings surpassed expectations, with adjusted revenue of $11.27 billion; however, the stock fell 2%.
SlowMist Cosine: The fundamental reason for the Balancer hack is that the calculation error in the scaling factor of Balancer v2's Composable Stable Pool implementation can be exploited for profit through low-liquidity swaps.
Crypto prices
More
