Balancer hack
A recent technical analysis has revealed the vulnerability that led to Balancer’s hack, resulting in a significant loss of $120 million. The investigation highlights multiple weaknesses within the platform’s security protocol. Analysts indicate that the exploitation occurred before necessary security measures could be implemented. Furthermore, the analysis examines how systemic flaws contributed to the breach. The findings may prompt a reevaluation of security practices across similar decentralized finance platforms.
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