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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
Step Finance Treasury Wallet Hack Drains $27M in SOL, Forcing Step Finance, SolanaFloor and Remora Markets to Shut Down
Market News·Solana

Step Finance Treasury Wallet Hack Drains $27M in SOL, Forcing Step Finance, SolanaFloor and Remora Markets to Shut Down

Step Finance shuts down after a $27M SOL treasury wallet hack, forcing SolanaFloor and Remora Markets to halt operations immediately, citing no recovery path.

SOST
CACallum HargreavesFeb 24 02:48
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