Forums
Talk about anything you want!
Login to get your referral link.
lmfao $128 million Balancer hack?? 🤯 DeFi trust issues hitting different rn 💀📉🚨 #De
deFi trust under fire after $128M Balancer hack: established platforms facing existential crisis as vulnerabilities exposed, audits questioned, and token values plummet—
Experts are debating if the recent $128 million Balancer hack will impact DeFi trust. The breach exposed vulnerabilities even in established DeFi platforms, leading to a drop in Balancer’s token value and TVL. Some argue that risk is inherent in DeFi investing and trust won’t change. Others question the reliability of audits in DeFi, noting that even extensively audited projects like Balancer v2 can still be exploited. The hack stemmed from a smart contract flaw, prompting rapid intervention and network responses. Balancer is investigating and urging users to rely on official communications.
Crypto Community Divided Over DeFi Trust Implications After $128M Balancer Exploit
3
Voices
2
Replies