🚨 DeFi Hit Again: Balancer Exploited for $129M Across Chains
Balancer, one of DeFi’s OG exchanges, just suffered a massive $129M exploit hitting Ethereum, Arbitrum, and Polygon in under 3 hours. ⚠️
This marks Balancer’s third security incident, raising serious questions about protocol resilience in the multi-chain era.
đź’Ą Key points:
- Attack began Nov 3, drained liquidity pools across multiple chains.
- Estimated losses: $129 million+.
- Teams are coordinating cross-chain response + investigating exploit vectors.
Another reminder:
Smart contracts don’t forgive and DeFi risk never sleeps. 🧨
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