Ethereum-based DeFi protocol Balancer was exploited on Nov. 3, with losses exceeding $70 million. Attackers drained multiple liquidity pools and moved funds into a single new wallet within minutes.
Balancer, one of Ethereum’s most established automated market makers, has suffered what appears to be its largest-ever exploit. More than $100 million in digital assets were drained from its vaults in ...
Balancer Labs has decided to call it quits six months after its namesake protocol suffered a major security breach that founders say caused reputational damage and triggered a sell-off in the Balancer ...
The liquidity mining boom may be upon us. Balancer Labs, the maker of an automated portfolio management tool, has confirmed with CoinDesk it has begun distribution of its BAL token. Following the ...
Decentralized finance (DeFi) liquidity protocol Balancer’s service providers revealed they are slashing their operating budgets and laying off staff in a move to overhaul Balancer’s brand strategy ...
In the rapidly evolving world of decentralized finance (DeFi), Balancer BAL has emerged as a powerful tool for automated portfolio management. DeFi has revolutionized traditional finance by providing ...
There is rarely a day that Bitcoin is not in the news. However, Bitcoin, which set the ball rolling for cryptos as we know them today, comes with its own set of issues. For instance, due to its ...
Balancer Labs, a non-custodial asset manager, has secured $3 million in funding through a seed round led by Accomplice and Placeholder. Established in 2018, Balancer began operating as an initiative ...
We recently connected with Fernando Martinelli, the Co-founder and CEO at Balancer Labs, which supports the ongoing development of Balancer, an automated portfolio manager and digital asset liquidity ...
Balancer is a decentralized protocol built on the Ethereum blockchain that allows users to create and manage automated portfolio-like pools. These pools, composed of multiple tokens, are intelligently ...
Decentralized finance (DeFi) liquidity provider Balancer Pool admitted early Monday morning it had fallen victim to a sophisticated hack that exploited a loophole, tricking the protocol into releasing ...