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Balancer Suffers Nearly $1M Exploit as Team Urges Users to Withdraw Funds

Balancer Suffers Nearly $1M Exploit as Team Urges Users to Withdraw Funds

Popular decentralized exchange Balancer suffered a hack on August 27, losing close to $1 million. The exploit came less than a week after the team disclosed a "critical vulnerability." On August 22, the Balancer team asked the liquidity providers (LPs) on the exchange to withdraw funds from certain

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