Balancer Exploit Results in $128M Loss, Ether Drops 9%

Balancer Exploit Results in $128M Loss, Ether Drops 9%

First seen 10 Nov 2025, 11:52 UTC CnbcCryptopotato 21.3

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A hack of the decentralized finance protocol Balancer resulted in a loss exceeding $128 million. Following the exploit, Ether fell as much as 9%, dropping below its critical support level of $3,600. The incident has significantly impacted the Ethereum network and its associated cryptocurrencies.