Crypto: Balancer publishes a preliminary report on the hack that targeted it
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Balancer has just published its preliminary report on the attack that shook the DeFi protocol on November 3. A technical flaw in the V2 pools allowed hackers to siphon 128 million dollars across seven different blockchains. But the real bill is much higher: the total value locked (TVL) collapsed by 58% in just two days. How could a protocol audited eleven times fall victim to such a debacle?
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