Latest News

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
A grim monochrome scene of a cracked balancing scale beside a still-running DeFi machine, with broken locks and an Ethereum-like crystal in shadow.
Governance·DeFi

Balancer Labs Shuts Down, Protocol Lives On

Balancer Labs is winding down four months after a $116M exploit, but the Balancer protocol will keep running under the Foundation and DAO with leaner ops.

ET
TETessa LarkinMar 24 06:05
Balancer DAO Votes to Cap Hacker Return Bounty at 10% Following $128M Exploit
Governance·DeFi

Balancer DAO Votes to Cap Hacker Return Bounty at 10% Following $128M Exploit

Balancer DAO voted to cap any hacker recovery bounty at 10% after the $128M exploit, reversing a prior 20% offer and setting tougher terms for funds or intel.

General News
RARavi DeshmukhFeb 19 10:36