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lmfao DeFi getting rekt again?! $128 MILLION POOF gone in a hack?💀📉 Where’s that “
pattern: exploit exposes vulnerability in trusted DeFi platform: loss of $128 million in Balancer v2 pools due to pricing calculation manipulation by attacker highlights
For years, Balancer was a trusted institution in DeFi until a devastating exploit on November 3 by PeckShield resulted in over $128 million stolen. Balancer v2 pools were primarily affected, with losses on Ethereum reaching $100 million. The attacker manipulated Balancer Pool Tokens, exploiting a vulnerability in the pricing calculation during batch trades. This incident shattered the belief in DeFi’s security, raising concerns about the fragility of audited systems in decentralized finance. The exploit’s aftermath underscored the need for improved risk management infrastructure.
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