Ethereum-based DeFi protocol Balancer was exploited on Nov. 3, with losses exceeding $70 million. Attackers drained multiple liquidity pools and moved funds into a single new wallet within minutes.

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DeFi protocol Balancer is the target of an ongoing exploit, with more than $116 million in staked Ether tokens transferred to a new wallet. Update Nov. 3, 10:42 am UTC: This article has been updated ...

Balancer, a decentralized finance (DeFi) protocol with over $750 million in value locked, appears to have been hit by its biggest exploit yet, with on-chain data showing upward of $110 million in ...

Balancer Labs, the corporate entity behind of one of decentralized finance’s longest-running automated market makers, is winding down operations.

Executives at Balancer Labs are now pushing for the protocol to be managed by the Balancer Foundation and Balancer’s DAO. Balancer Labs, the team behind the DeFi protocol Balancer, is shutting down ...