Balancer V2 Pools Affected by Vulnerability, Investigation Underway

According to Odaily, a vulnerability has impacted Balancer V2's composable stable pools, as announced by Banlancer's official account on the X platform. The issue was identified around 15:48 on November 3, UTC+8. The Balancer team is collaborating with top security researchers to understand the problem and will soon share further investigation results and a comprehensive post-analysis report. The affected pools have been operational on the blockchain for several years, with many exceeding the pause window period. All pools that could be paused have been suspended and are currently in recovery mode. Other Balancer pools remain unaffected, and the issue is limited to V2 composable stable pools, not impacting Balancer V3 or other pools. Balancer is committed to operational security, having undergone audits by leading companies and maintaining a long-term bug bounty program to incentivize independent auditors. The team is working closely with security and legal teams to ensure user safety and conduct a swift and thorough investigation. They express gratitude to partners and the broader DeFi community for their support. A security advisory warns of fraudulent messages impersonating the Balancer security team. These messages are not from Balancer, and users are advised not to respond to unsolicited communications or click on unknown links. Official updates will be released only through Balancer's official account on X (Twitter) and their official Discord server. Users should be cautious of information from other sources, as it may be fraudulent. As the investigation progresses, Balancer will provide comprehensive updates with more details.