The crypto market is entering November battered and bruised, with sentiment unraveling further after a fresh exploit drained over $110 million from the Balancer protocol. This chilling security breach casts a long shadow over DeFi’s reputation just as traders, spooked by last week’s ETF outfl... ... Read full 🔴😞 Market Analysis — 5-11-0
A crypto attacker apparently took over a whale’s multisig wallet minutes after it was created 44 days ago, and has been draining and laundering funds in stages since.In a Thursday post on X, blockchain security firm PeckShield reported that a whale’s multisig wallet had been drained of roughly $27.3…
Two members of the Balancer protocol community submitted a proposal on Thursday outlining a distribution plan for a portion of the funds recovered from the protocol’s $116 million November exploit.About $28 million from the $116 million heist was recovered by white hat hackers, internal rescuers, an…
Bitcoin falls to a two-and-a-half-week low as reduced expectations for further U.S. interest rate cuts prompt investors to pull back from riskier assets, Deus X Pay director of trading James Madden says in a note. The repricing of rate expectations comes after Fed Chair Jerome Powell said another ra…
DeFi protocol Balancer appears to have suffered an exploit, with roughly $88 million in assets drained from its vaults, according to security firm PeckShield.Etherscan transaction logs show large, unusual transfers from Balancer’s “0xBA1...BF2C8” address to an external wallet. The outflows included …