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Balancer exploited in nearly $900k after vulnerability warning

Balancer exploited in nearly $900k after vulnerability warning

Ethereum automated market maker and decentralized finance protocol Balancer was exploited for nearly $900,000 on Aug. 27.

Balancer first disclosed a critical vulnerability affecting its boosted pools on Aug. 22, urging users to withdraw funds from liquidity providers (LPs) and pausing pools to mitigate potential damage.

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