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Balancer
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Phoenix Group
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#DeFi protocol #Balancer asked liquidity providers to remove their liquidity immediately from some pools because of a security issue.
#DeFi protocol #Balancer asked liquidity providers to remove their liquidity immediately from some pools because of a security issue.
Top 10 Promising Projects with Market Cap Under $300 million This time we made a list of the top 10 projects, in our opinion, with a current market cap under $300 million, which you can take a closer look at. #Waves #Balancer #hiddengem #crypto2023 #dyor
Top 10 Promising Projects with Market Cap Under $300 million

This time we made a list of the top 10 projects, in our opinion, with a current market cap under $300 million, which you can take a closer look at.

#Waves #Balancer #hiddengem #crypto2023 #dyor
Is Balancer’s Website Safe to Use? 🧑🏻‍💻 #Balancer , an Ethereum-based decentralized finance protocol, has issued a warning to its users to avoid its website due to a recent attack on its frontend. The attack, which is currently under investigation, has raised concerns about the safety of user funds. While Balancer contributor Cosme Fulanito has claimed that the protocol's vault remains unaffected, blockchain #security firms estimate that around $238,000 in cryptocurrency has been stolen. Users have reported being prompted to approve a #malicious contract that drains their wallets when interacting with the website. This incident follows a previous attack in August, where Balancer suffered a $2 million exploit. The DeFi community is now questioning the platform's security. #Binance #crypto2023
Is Balancer’s Website Safe to Use? 🧑🏻‍💻

#Balancer , an Ethereum-based decentralized finance protocol, has issued a warning to its users to avoid its website due to a recent attack on its frontend.

The attack, which is currently under investigation, has raised concerns about the safety of user funds.

While Balancer contributor Cosme Fulanito has claimed that the protocol's vault remains unaffected, blockchain #security firms estimate that around $238,000 in cryptocurrency has been stolen.

Users have reported being prompted to approve a #malicious contract that drains their wallets when interacting with the website. This incident follows a previous attack in August, where Balancer suffered a $2 million exploit. The DeFi community is now questioning the platform's security.

#Binance
#crypto2023
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Bearish
1. Balancer (BAL), a decentralized finance (DeFi) protocol, experienced a rapid decrease in total value locked (TVL) by over $200 million within 24 hours due to a critical vulnerability. 2. The #Balancer team identified this vulnerability in several Version 2 #Pools and alerted users via a #social media post on X. 3. Users were advised to withdraw funds from affected #liquidity pools (LPs) immediately to mitigate potential risks. 4. Although only 1.4% of the total TVL was deemed at risk, Balancer took preventive measures, including pausing some pools, to secure the majority of funds. 5. Balancer recommended migrating to safer pools or making withdrawals, particularly from pools labeled as "at risk." 6. Following the announcement, the #TVL on Balancer decreased from $840 million to $630 million on August 23rd. 7. Balancer successfully safeguarded most of the funds, and the current TVL on the protocol is now approximately $669 million. 8. The protocol informed users that swift action by Balancer LPs ensured over 97% of initially vulnerable liquidity is now secure. 9. While the vulnerability wasn't exploited, approximately 0.89% of total TVL ($5.6 million) remains at risk, prompting users to withdraw funds as soon as possible through the user interface. 10. This incident underscores the proactive approach of the Balancer team and the decentralized finance community in addressing potential security vulnerabilities to protect user assets. $BAL
1. Balancer (BAL), a decentralized finance (DeFi) protocol, experienced a rapid decrease in total value locked (TVL) by over $200 million within 24 hours due to a critical vulnerability.

2. The #Balancer team identified this vulnerability in several Version 2 #Pools and alerted users via a #social media post on X.

3. Users were advised to withdraw funds from affected #liquidity pools (LPs) immediately to mitigate potential risks.

4. Although only 1.4% of the total TVL was deemed at risk, Balancer took preventive measures, including pausing some pools, to secure the majority of funds.

5. Balancer recommended migrating to safer pools or making withdrawals, particularly from pools labeled as "at risk."

6. Following the announcement, the #TVL on Balancer decreased from $840 million to $630 million on August 23rd.

7. Balancer successfully safeguarded most of the funds, and the current TVL on the protocol is now approximately $669 million.

8. The protocol informed users that swift action by Balancer LPs ensured over 97% of initially vulnerable liquidity is now secure.

9. While the vulnerability wasn't exploited, approximately 0.89% of total TVL ($5.6 million) remains at risk, prompting users to withdraw funds as soon as possible through the user interface.

10. This incident underscores the proactive approach of the Balancer team and the decentralized finance community in addressing potential security vulnerabilities to protect user assets.

$BAL
🔄🔀 Balancer expands liquidity on OpenOcean DEX aggregator! 🌐🚀 Balancer announces integration with OpenOcean to enhance user liquidity and offer optimal swap paths. 💱💧 A step towards providing a seamless DeFi experience with increased liquidity options! 📈🔗 #Balancer #OpenOcean #DeFiLiquidityExpansion
🔄🔀 Balancer expands liquidity on OpenOcean DEX aggregator! 🌐🚀 Balancer announces integration with OpenOcean to enhance user liquidity and offer optimal swap paths. 💱💧 A step towards providing a seamless DeFi experience with increased liquidity options! 📈🔗 #Balancer #OpenOcean #DeFiLiquidityExpansion
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Bearish
(CyversAlert) Our system has detected a suspicious transaction with " #texasbitcoin.eth " labelled address! We could not find any social media or website to reach out to victim! Attacker was able to gain $40K #USDP. Attacker has swapped all #USDP to #ETH It seems that the same attacker has exploited #Balancer on Sept'23. See the conversion in the attachment between Balancer deployer!
(CyversAlert)

Our system has detected a suspicious transaction with " #texasbitcoin.eth " labelled address! We could not find any social media or website to reach out to victim!

Attacker was able to gain $40K #USDP. Attacker has swapped all #USDP to #ETH

It seems that the same attacker has exploited #Balancer on Sept'23. See the conversion in the attachment between Balancer deployer!
Arbitrum, the top Layer-2 scaling solution for Ethereum, just started distributing its governance token, ARB! 🔥 Who else is pumped for this?! Let me know in the comments below! #DODO #SushiSwap #Balancer #ARB #AAVE
Arbitrum, the top Layer-2 scaling solution for Ethereum, just started distributing its governance token, ARB! 🔥 Who else is pumped for this?! Let me know in the comments below!

#DODO #SushiSwap #Balancer #ARB #AAVE
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