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Balancer Hack: $70M Lost in Record Ethereum DeFi Breach

One of Ethereum's leading DeFi protocols, Balancer, which also functions as an established automated market maker (AMM) on the network, suffered a significant exploit today (November 3), resulting in losses exceeding $70M. On-chain data shows that multiple Balancer liquidity pools were drained in rapid succession, with the stolen tokens quickly transferred to a newly created..The post Balancer Hack: $70M Lost in Record Ethereum DeFi Breach appeared first on 99Bitcoins.

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