Balancer Labs is shutting down after a major exploit but the DeFi protocol will continue in a decentralized form.

Balancer Labs has decided to call it quits six months after its namesake protocol suffered a major security breach that founders say caused reputational damage and triggered a sell-off in the Balancer ...

Balancer—an automated market maker (AMM) protocol claiming over $750 million in total value locked (TVL)—suffered a security breach on November 3. Blockchain analytics firms like PeckShield and ...

Balancer and Stream Finance incidents totaling over $200 million shook DeFi as RedStone and major Ethereum protocols launched reform initiatives. Balancer suffered one of the largest decentralized ...

(MENAFN- Crypto Breaking) Balancer Labs, the corporate backbone behind the Balancer DeFi protocol, is winding down after years of pressure and a devastating $116 million hack in November. Executives ...

Berachain has executed an emergency hard fork to trap a hacker's funds following a major breach on decentralized finance (DeFi) protocol Balancer, which saw over $128 million stolen from its V2 ...

Reports showed four security companies conducted 11 audits of Balancer’s smart contracts starting in 2021, but a bad actor was still able to drain millions in staked Ether. Update (Nov. 10 at 2:55 pm ...

DeFi yields have collapsed below TradFi rates, forcing investors to face higher smart contract risks for lower returns as ...