Balancer’s $116M Exploit Dominates Crypto News Today as Bitcoin’s Red October Ends
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- Balancer lost over $116M across v2 pools, triggering pauses and a third DeFi security scare.
- Bitcoin just logged its first red October since 2018, so traders are nervous about November follow-through.
- Whales, exchange promos, and high-beta tokens on BSC and Solana add to a jumpy market tape.
Balancer has become the most discussed topic across crypto forums after the decentralized finance (DeFi) protocol faced a large-scale exploit that drained more than $116 million in assets. According to Santiment’s data, the breach targeted Balancer’s v2 pools across multiple blockchains by exploiting a vulnerability in the smart contract.
According to social volume, here are the top trending topics circulating across cryptocurrency forums Monday:
Balancer, a major DeFi protocol, suffered a massive exploit draining over $116 million across multiple chains, mainly targeti…
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In This News
Coins
$ 64.01K
+1.33%$ 0.00...361
$ 0.00124
$ 0.00132
$ 0.0946
+0.22%Predictions Markets
See what traders are focused on
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