Balancer Hit by $110 Million Exploit in Latest DeFi Security Breach

Decentralized exchange and liquidity protocol Balancer has reportedly fallen victim to a major security breach, with losses exceeding $110 million in digital assets. On-chain data indicates that the attack remains ongoing. This exploit highlights ongoing vulnerabilities in DeFi infrastructure, despite increasing regulatory scrutiny and enhanced security efforts across the sector. Balancer Exploit Drains Over $110 Million as Attack Continues According to data shared by Lookonchain on X (formerly Twitter), the attackers transferred roughly 6,587 WETH, worth around $24 source: https://beincrypto.com/balancer-exploit-security-breach-defi-losses/