Balancer Hacker Now Converting Loot to Ethereum: Stolen Funds Surge To $116.6M
Balancer, a serious DeFi protocol, has suffered a big exploit, with roughly $116 million drained from protocol vaults. On-chain information exhibits giant, uncommon outflows from Balancer’s “0xBA1…BF2C8” handle to an exterior pockets, together with 6,587 WETH (~$24.5M), 6,851 osETH (~$26.9M), and 4,260 wstETH (~$19.3M). The scale and nature of the transfers level to a coordinated…