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Balancer’s $70 million breach exposes DeFi’s fragile foundation

https://coinjournal.net/news/balancers-70-million-breach-exposes-defis-fragile-foundation/
The moved assets included StakeWise Staked Ether (OSETH), Wrapped Ether (WETH), and Lido wstETH (wSTETH). In September 2023, Balancer suffered a phishing attack that resulted in a loss of about $238,000. A separate August exploit drained nearly $1 million after a vulnerability was found in Balancer’s liquidity pools…

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