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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
Two luminous spheres on a black background trade shimmering particles through a curved wormhole bridge, with faint gridlines and dust.
Governance·DeFi

Osmosis Draft Proposal Would Swap OSMO for ATOM to Deepen Cosmos Hub Alignment

Osmosis draft proposal suggests swapping OSMO for ATOM to align with Cosmos Hub, deepening shared security and economic integration across Cosmos ecosystem.

ATOS
RARavi DeshmukhMar 13 06:07