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A cracked balancing-scale-like DeFi machine leaks dark liquidity beside a smashed lock, under stark cinematic lighting and a faint data grid.
DeFi·Security

Balancer Labs Shuts Down After $128M Hack, Low Fees

Balancer Labs will wind down months after a $128M DeFi exploit, saying low protocol fees left it unable to cover operating and security costs as protocol runs on.

BA
CACallum HargreavesMar 24 12:08
Fernando Martinelli cuts a chain from a crumbling corporate office as fractured security and DeFi network symbols loom in a dark grid.
Governance·DeFi

Balancer Shuts Down Labs Entity After $110M Exploit

Balancer will shut down its Labs company after a $110M 2025 exploit, keeping the DEX live under DAO governance; TVL $157M, down 95% from 2021 peak near $3.5B

BA
DEDerek HollowayMar 24 09:06