PeckShield: Balancer losses reach at least 2.1 million dollars

2023-08-28 23:54:53

Collection

ChainCatcher news, according to PeckShield's analysis, Balancer has suffered losses of at least $2.1 million due to a flash loan attack. Multiple liquidity pools on Ethereum, Fantom, and Optimism have been affected. PeckShield stated that the Balancer team did a great job in reminding the community to remove liquidity from the affected vaults, and the initial estimate of "only 0.08% of the total TVL ($565,199) still being at risk" seems to have a serious calculation error.

In addition, PeckShield has revealed the whereabouts of the stolen funds:

(Source Link)