Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined
DeFi exploits resulted in losses of over $16 million in August.
DeFi exploits resulted in losses of over $16 million in August.
DeFi protocol Balancer was exploited just a few days after disclosing a vulnerability affecting its boosted pools.
The team did not disclose what the issue is, but stated that it "cannot be mitigated by the emergency DAO."
There are currently 38 projects deployed on the Ethereum layer-2 network. More are expected as attention shifts to scala...
Major digital asset manager Grayscale has rebalanced the DeFi Fund for the second time since its inception in July 2021.
The new feature allows traders to tap into pools of assets that trade at similar price levels. Balancer claims to be the...