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‘Sophisticated’ Hacker Plunders $450,000 From Defi Protocol Balancer
29.6.2020
Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens. Pools with Sta...
Hacker Steals Balancer’s COMP Allowance in Second Attack Within 24 Hours
29.6.2020
Balancer hacked twice within 24 hours, though this time the sum is relatively small
Hacker Drains $500K from DeFi Liquidity Provider Balancer
29.6.2020
The sophisticated attack exploited a loophole that tricked the protocol into releasing $500,000-worth of tokens
DeFi Protocol Balancer Hacked Through Exploit It Seemingly Knew About
29.6.2020
A spat between the Balancer and STA team following the $500,000 hack suggests that the DeFi protocol was aware of the weakness
DeFi Attackers Get 'More Creative', Steal USD 500,000 From Balancer
29.6.2020
Decentralized finance (DeFi) liquidity providing platform Balancer was hacked today, reportedly with USD 500,000 worth of crypto stolen.
Following several reports online, Balancer confirmed that on June 29 an incident occurred, affecting two pools containing transfer fees, known as deflationary...
Balancer Votes for Centralized Quick Fix to Stop Users Gaming System
25.6.2020
DeFi project Balancer has hastily conducted a community vote to determine how to limit attempts to exploit the protocol’s token reward system
New Balancer Token More Than Doubles in Price as COMP Drops Sharply
24.6.2020
After an impressive rise – and subsequent fall – in price for Compound Finance’s COMP token over the past weekend, a new contender has already arrived to the DeFi land, making a splash on the first day after it started distributing its new token to users.
The new platform in question is Balancer,...
DeFi Boom: Balancer Echoes Compound With 235% Spike on First Day
24.6.2020
DeFi tokens like LEND — the price of which has increased by 3900% since 2019 — rallied further this week, some to new all-time highs
Following COMP’s Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens
23.6.2020
Balancer Labs, the maker of an automated portfolio management tool, has confirmed with CoinDesk that it has begun distribution of its BAL token