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Balancer DeFi Protocol Loses Over $128 Million in Major Hack
First seen 4 Nov 2025, 11:10 UTC
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On November 3, 2025, the Balancer decentralized finance (DeFi) protocol suffered a significant exploit, resulting in losses estimated at over $128 million. The attack targeted Balancer's v2 pools, with funds being siphoned to the hacker's wallet across multiple blockchains. Balancer's team is investigating the incident in collaboration with blockchain security firms PeckShield and Cyvers.
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