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Balancer Exploited for $128 Million Across Ethereum Chains as Berachain Halts Network

In brief Balancer, a multi-chain automated market maker, suffered a major exploit that has resulted in an estimated $128 million in losses. Liquidity pools across Ethereum, Arbitrum, Base, and other chains have been affected by the attack. Berachain has halted its blockchain and is preparing for a hard fork to recover the lost funds. Crypto automated market maker Balancer suffered a major exploit early Monday that resulted in an estimated $128 million worth of digital assets being stolen across ...

Read more at decrypt.co

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