Balancer’s $128M Exploit: $8M Recovery Plan and KYC Controversy in DeFi
Balancer’s $128 Million v2 Exploit Reimbursement Plan: Recovery in Progress Balancer, a cornerstone of decentralized finance (DeFi), suffered a devastating blow on November 3 when a massive $128 million exploit struck its v2 platform, shaking trust among users and exposing critical vulnerabilities. Now, the protocol is rolling out a reimbursement plan to return roughly $8 […]
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