DeFi Protocol Balancer to Refund $8M to Users After $128M DeFi Hack

DeFi Protocol Balancer to Refund M to Users After 8M DeFi Hack

Balancer has proposed a plan to return nearly $8 million in recovered assets to liquidity providers affected by a major exploit earlier this month. In early November, Balancer V2 Composable Stable Pools suffered an attack that exploited a vulnerability, allowing the perpetrators to steal approximately $128.6 million.

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