A low-cap token’s weak safeguards enabled a swift takeover that exposed ongoing risks in DeFi voting systems.
Blockchain security firms today reported a $1.58 million exploit on Token of Power ($TOP), where an attacker seized governance control,...
Decentralized finance has gotten a lot safer over the past six years, and a new review of protocol losses from 2020 through 2025 puts a pretty large number behind that claim. Industry-wide DeFi losses peaked at $2.62 billion in 2022 and fell roughly...
BitcoinWorld
Balancer Hacker Executes $30.5M ETH to BTC Swap in 15 Hours: DeFi Security Under Fire
In a startling development, the Balancer hacker has swapped 13,191 ETH for 386.52 BTC over the past 15 hours. This transaction, valued at...
Crypto holds at 2.6T as Bitcoin ($BTC) and Ethereum ($ETH) dip over the past 24-hours, Balancer exploiter resurfaces and Metaplanet raises $50M for $BTC.
BitcoinWorld
Balancer Hacker Launders $2.5M ETH for BTC in Alarming Thorchain Swap After 5 Months
A dormant threat has resurfaced in the cryptocurrency ecosystem. The hacker responsible for the massive Balancer (BAL) exploit has moved again after...
Lido proposes $20M LDO buyback, Aave V4 deploys on Ethereum, Balancer cuts 50% of team post-exploit, tokenomics updates and more in the DAO weekly review.
The co-founder announced that Balancer Labs, the organization that developed and funded the DeFi protocol Balancer, will be closing. The price of BAL is on the rise.
Continue Reading: Altcoin Platform Attacked Five Months Ago Announces Shutdown!...
Co-founder Fernando Martinelli said he considered winding down the entire protocol but decided the team deserved a chance to restructure, with the DAO targeting zero emissions, fee restructuring, and a BAL buyback to offer holders a fair exit.
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