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Ayoub Aouragh 1 min read

Hacker steals over $120 million from Balancer DeFi protocol

The Balancer Protocol just got hit hard by hackers, losing over $128 million from its v2 pools. That’s a big chunk of change in the DeFi world, and it’s definitely got folks talking. The protocol a...

The Balancer Protocol just got hit hard by hackers, losing over $128 million from its v2 pools. That’s a big chunk of change in the DeFi world, and it’s definitely got folks talking. The protocol announced the breach, but details about how the attackers pulled it off are still a bit murky.

It’s a stark reminder of how vulnerable even the biggest crypto platforms can be. If you’re invested in DeFi or thinking about diving in, you might want to take a second look at your security measures. Keep an eye on your wallets and maybe consider some extra layers of protection. It’s a wild ride out there in the crypto space, and incidents like this make it clear that you can never be too careful.