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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
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