Balancer V2 Vulnerability Leads to Over $1.16 Billion in Stolen Assets

On November 3, the Balancer V2 DeFi protocol experienced a significant security breach, resulting in the theft of over $70 million initially reported. As investigations progressed, the total amount of stolen assets rose to over $1.16 billion, impacting multiple chain protocols connected to Balancer. The incident has been confirmed by various sources and highlights vulnerabilities within the DeFi ecosystem.