Balancer, one of Ethereum’s most established automated market makers, has suffered what appears to be its largest-ever exploit. More than $100 million in digital assets were drained from its vaults in ...

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.

Balancer Labs has decided to call it quits six months after its namesake protocol suffered a major security breach that founders say caused reputational damage and triggered a sell-off in the Balancer ...