During the past three months, Balancer, the second most popular and high-profile cryptocurrency in the decentralized finance ecosystem has been subjected to a number of high-profile attacks from sweeping cross-chain exploits that have rapidly emerged to be one of the most significant cryptocurrency breaches over the past year. The results of early blockchain forensic analysis suggest losses of $100 million to $128 million, and the value of assets that have now been compromised across multiple networks has risen to $116 million, according to initial assessments circulated by independent researchers. In particular, @RoundtableSpace shared data with us on the X platform. In addition to disrupting the Ethereum mainnet as well as several prominent layer-2 networks, the incident also caused liquidity pools on Ethereum’s mainnet to be disrupted.
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