Post #11287

Balancer plans to distribute $8M in recovered funds from $128M exploit According to proposal, the $8M in funds up for distribution was recovered through a combination of external white hat interventions and internal rescue operations. Roughly $28M was salvaged in total, but $19.7M in osETH and osGNO is being managed by liquid staking protocol StakeWise. In early November, attackers exploited a vulnerability in Balancer V2 Composable Stable Pools, draining roughly $128.6M. 🔗theblock.co/post/380751/balancer-recovered-funds-distribution Follow us to be on top of crypto: TG | Chat | X