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Decentralized exchange (DEX) and automated market maker (AMM) Balancer may have suffered a new exploit after about $70 million worth of digital assets were transferred to a freshly created wallet.

Balancer, a DeFi protocol, has potentially suffered a major exploit with approximately $110 million in digital assets drained. The stolen funds include osETH, WETH, and wstETH, and the exploiter is ...

The Balancer exploiter has started moving funds from their known wallets. The laundering resembles the operations around the KelpDAO hack, using ThorChain for swapping the funds. The Balancer hacker, ...