Balancer initiated a white-hat recovery effort and transferred approximately $4.1 million to a controlled escrow account.
Balancer posted on the X platform stating that in response to the recent Balancer V2 stablecoin pool incident, the Balancer team has initiated a white-hat recovery operation and transferred approximately 4.1 million USD to a controlled escrow account for reconciliation and refund. This incident only affects the Balancer V2 stablecoin pool, and Balancer V3 is not affected. Balancer reminds community users to beware of phishing and currently avoid any operations with the listed pools. Further updates will be provided after the reconciliation is completed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
R25's rcUSD+ Seeks to Connect DeFi and TradFi, Addressing the $55 Trillion Yield Disparity
- R25 launches rcUSD+, a yield-bearing stablecoin on Polygon, bridging DeFi and traditional finance with 1:1 USD peg and low-risk asset returns. - The token differentiates itself by generating income from institutional-grade assets like money market funds, offering DeFi users transparent yield opportunities. - Market growth sees $36B in tokenized RWAs and $300B in stablecoins, but rcUSD+ faces scrutiny over missing audit details and verification gaps. - Competing with USDY and Centrifuge, R25's Ant Financi
Dogecoin News Today: Dogecoin Faces Key Support Challenge While EV2 Presale Attracts Growing Investor Confidence
- Dogecoin (DOGE) tests critical $0.115–$0.125 support, with a breakdown risking a $0.08–$0.09 decline amid weakening technical indicators. - EV2’s $0.01 presale has raised $400K+ for a Web3 shooter game, attracting investors seeking utility-driven crypto projects. - Grayscale’s DOGE ETF launch and institutional interest contrast with bearish market sentiment and regulatory uncertainties. - CleanCore’s 78% stock drop highlights risks of Dogecoin treasury bets as holdings erode below $0.238 average purchase
Ethereum Updates Today: AI Trends and Meme Craze Drive Crypto's Dramatic Rally Despite Bubble Concerns
- Datavault AI (DVLT) announced a meme coin airdrop for shareholders, boosting shares 4.91% pre-market. - Mutuum Finance (MUTM) raised $18.8M in presale, with 800M tokens sold and potential 500% returns for early buyers. - BitMine Immersion (BMNR) holds 3.6M ETH, citing Ethereum tokenization and regulatory progress as growth drivers. - Digi Power X (DGXX) raised price target to $5, planning 55MW HPC deployment and AI infrastructure shift. - J.P. Morgan warned of AI-driven market bubbles, while Sampo's buyb
Ethereum News Update: Buterin: Ethereum's Privacy Features Require Improved User Experience
- Vitalik Buterin introduces Kohaku, a privacy framework for Ethereum to enhance onchain security and user anonymity. - Launched at the Ethereum Cypherpunk Congress, Kohaku aims to integrate mixnets and ZK browsers while addressing usability gaps in privacy tools. - Buterin highlights the "last mile" challenge: advanced cryptography exists, but user experience remains fragmented with separate seed phrases and limited multi-sig options. - The Ethereum Foundation reinforces privacy as a core right, rebrandin
Trending news
MoreCrypto prices
More
