Balancer Hacked for $128M – What Happened?
Balancer, the favored Automated Market Maker (AMM) and decentralized liquidity protocol, suffered a significant hack early Monday morning round 9:30 a.m. UTC. Attackers drained about $128 million in crypto throughout a number of chains, because of a bug in Balancer V2’s vault system. What Happened To Balancer? The Balancer V2 vault acts as a central…
