San Francisco, California, September 19, 2023: The decentralized finance (DeFi) protocol Balancer faced another security breach, with approximately $238,000 worth of crypto stolen on September 19, 2023.
Balancer announced the attack on X, advising users not to interact with the protocol. The specific details of the attack are still under investigation, but it is believed that the attackers exploited a vulnerability in the Balancer front-end. 1
This is the second security breach that Balancer has experienced in less than a month. On August 22, 2023, Balancer alerted its community to a critical vulnerability, which eventually led to a $2 million exploit several days later.
The specific details of the attack are still under investigation, but it is believed that the attackers exploited a vulnerability in the Balancer front-end.
- Defi Protocol Balancer: https://twitter.com/Balancer/status/[↩]
