'Sophisticated' Hacker Plunders $450,000 From Defi Protocol Balancer

‘Subtle’ Hacker Plunders $450,000 From Defi Protocol Balancer

Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for greater than $450,000 price of cryptocurrency. In two separate transactions, an attacker focused two swimming pools containing Ethereum-based tokens with switch charges – or so-called deflationary tokens. Swimming pools with Sta and Stonk tokens had been affected by this exploit, Balancer, an automatic market marker …

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