BlockSec: Balancer and Its Multiple Forked Protocols Targeted in Exploit, Total Loss Around $83.6 Million
By: theblockbeats.news|2025/11/03 09:02:53
BlockBeats News, November 3rd, Blockchain security company BlockSec posted on social media that Balancer and multiple fork protocols were attacked. The losses are as follows:
· Balancer on Ethereum chain lost $70 million;
· Balancer on Base chain lost $3.9 million;
· Balancer on Polygon chain lost $117,000;
· Beets on Sonic chain lost $3.4 million;
· Balancer on Arbitrum chain lost $5.9 million;
· Beethoven on Optimism chain lost $283,000.
Balancer Protocol, a popular automated portfolio management platform, has been exploited in a hack resulting in the loss of over $98 million worth of assets. The attack is still ongoing.
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