Balancer Confirms $900,000 Exploit After Security Vulnerability

Ethereum automated market maker and decentralized finance protocol Balancer has confirmed being exploited for approximately $900,000 on X, just a few days after disclosing a security vulnerability that affected several pools. Balancer announced the existence of a vulnerability in enhanced pools that include assets at risk in the Ethereum, Polygon, Arbitrum, Optimism, Avalanche, Gnosis, Fantom, and zkEVM ecosystems, urging users to move their funds to secure pools. $900,000 Exploit Unveiled A Ethereum address allegedly belonging to the attacker was uncovered by blockchain security expert Meier Dolev. The post Balancer Confirms $900,000 Exploit After Security Vulnerability appeared first on COINTURK NEWS.