Latest News

A massive metal anchor disk fed by pipes, dry cracked channels, a burning furnace, and a broken balance scale on a dark data-grid backdrop.
Market News·Bitcoin

Crypto News Summary March 24

Bitcoin hovered near $70K with $1.1B spot ETF inflows, but altcoin liquidity dried up. RLUSD burns tightened supply; a BTC reorg and Balancer shutdown weighed.

BTETADEUTA
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CACallum HargreavesMar 25 00:05
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