Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined
DeFi exploits resulted in losses of over $16 million in August.
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Balancer exploited in nearly $900k after vulnerability warning
DeFi protocol Balancer was exploited just a few days after disclosing a vulnerability affecting its boosted pools.
Balancer warns some LPs to remove liquidity ASAP because of a 'related issue'
The team did not disclose what the issue is, but stated that it "cannot be mitigated by the emergency DAO."
Balancer launches on Ethereum L2 network Optimism
There are currently 38 projects deployed on the Ethereum layer-2 network. More are expected as attention shifts to scalability.
Grayscale rebalances DeFi Fund dropping Balancer (BAL) and UMA
Major digital asset manager Grayscale has rebalanced the DeFi Fund for the second time since its inception in July 2021.
Balancer launches stable pools for like-kind swaps
The new feature allows traders to tap into pools of assets that trade at similar price levels. Balancer claims to be the first automated market maker to offer stable pools.