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Balancer Price

BAL

Latest Balancer News

Balancer wind-down proposed as post-exploit revenue fails to recover - 1
News
Read more - Balancer wind-down proposed as post-exploit revenue fails to recover

Balancer wind-down proposed as post-exploit revenue fails to recover

Balancer has proposed shutting down its decentralized exchange protocol and returning more than $9 million in remaining treasury assets to BAL holders after its post-exploit operating plan failed to generate enough revenue. Balancer Labs CEO Marcus Hardt laid out the…
Balancer Labs shuts down after hack and revenue strain - 2
News
Read more - Balancer Labs shuts down after hack and revenue strain

Balancer Labs shuts down after hack and revenue strain

Balancer Labs plans to shut down after a major hack and revenue strain, while the protocol shifts to DAO and foundation control.
Balancer proposes returning $8m to LPs
News
Read more - Balancer to repay liquidity providers $8M in recovered funds after $128M v2 exploit

Balancer to repay liquidity providers $8M in recovered funds after $128M v2 exploit

A new proposal on Balancer’s governance forum sets the stage for how the protocol plans to handle the next phase of its recovery effort. Balancer has outlined a reimbursement plan that would return roughly $8 million in rescued assets to…
Balancer identified a rounding bug in its “upscale” function as the cause of the exploit that drained assets across multiple networks.
News
Read more - Balancer identifies root cause of $116m hack

Balancer identifies root cause of $116m hack

Balancer has uncovered the technical root cause behind the recent hack that shook its platform. DeFi protocol Balancer has identified an internal bug in the rounding logic of the “upscale” function as the root cause of the November 3 exploit…

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