Balancer, a decentralized finance protocol, has reportedly experienced a significant security breach, with over $70 million in assets transferred from its vault. On-chain data reveals that the assets were moved to the address 0xAa760D53…4675b8e3f. The transferred assets include 6587.44 WETH valued at approximately $24.48 million, 6851.12 Staked ETH worth around $26.86 million, and 4259.84 wstETH totaling about $19.27 million, along with various other ERC-20 tokens.
The exact nature of these transactions remains unclear, but they are suspected to be linked to a potential attack on the protocol. Further investigation is underway to determine the circumstances surrounding this significant transfer of assets.
Balancer Suffers Potential Attack with $70 Million in Assets Transferred
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