Gearbox assets remain safe and without loss

Gearbox Protocol issued a statement in response to #news about a flash loan attack on their platform, clarifying that the #hacking attack was solely related to the Balancer pool. Gearbox confirmed that their #contract and credit #account were safe and experienced no loss.

As previously reported, Beosin detected a flash loan attack on #Gearbox Protocol on Ethereum, resulting in a loss of approximately $400,000.

$BAL