DeFi protocol Balancer frontend is beneath assault, customers urged to remain away

Home » DeFi protocol Balancer frontend is beneath assault, customers urged to remain away
DeFi protocol Balancer frontend is beneath assault, customers urged to remain away

Balancer, an Ethereum-based decentralized finance protocol has confirmed its person interface is at present “beneath an assault.”

The platform notified its group on Sept. 19 at 11:49 pm UTC, urging customers to not work together with Balancer’s protocol till additional discover.

Balancer mentioned the main points of the assault are beneath investigation. The agency hasn’t confirmed whether or not person funds are secure at this cut-off date.

Nonetheless, one blockchain analyst, ZachXBT claims $238,000 was stolen inside the first half-hour of Balancer breaking the information.

Associated: Breaking: ‘All funds are in danger’ — Steadefi exploited in ongoing assault

That is the second theft from Balancer in a month, after it warned of a crucial vulnerability on Aug. 22, which resulted in a $2 million exploit a number of days later.

Cointelegraph tried to entry Balancer’s web site however was hit with a warning signal:

Balancer’s web site as of Sept. 20 at 1:04 am UTC. Supply: Balancer

This can be a growing story, and additional info can be added because it turns into out there.

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