Balancer got hacked $70M worth of ETH stolen
>>61246187for fuck's sake......
>>61246187NOT AGAIN MORE ETH SELL PRESSURE AAAAAAAAAAAAAI guess its worse for the people using it
the balancer clone on sonic also got hit. fucking lol.
>>61246187>>61246212tx?
>>61246219https://etherscan.io/tx/0xd155207261712c35fa3d472ed1e51bfcd816e616dd4f517fa5959836f5b48569Losses raised to $88M and counting as the attacks in ongoing and in multiple chains
Guess you can say people lost their balance
>>61246231what the fuck is that contract
The ultimate shitcoin of all shitcoinsGuaranteed to dump
Increased to $118M
>>61246187>audited by the best
>>61246261I guess his potfolio... wasn't balanced at all
>>61246304more concerningly the contract has been around for like 5 years kek
>>61246304>SAFTEYSAAAAR
>>61246261
bizarrely it was apparently a simple access check... where the user could supply an address to compare to msg.sender?? what? how did this not get caught for 5 years lmao
This is why I don't use anything in crypto
>>61246187>oh wow
>>61246187>is this ongoing, are they going to fully drain vaulta, wow https://intel.arkm.com/explorer/entity/cd756cb8-6a84-4f40-9361-f6c548544430
>>61246354I wonder why they only stole ETH pairs. I guess those were the only things still sitting in V2 instead of V3?
>>61246354>$115 million
Oh no bros, literally zero of my dollars are there.... Will I ever recover?
>>61246187>they sending it to different accounts 0xf19FD5c683a958ce9210948858B80d433F6BfaE2 500 staked osEth sent there
>>61246187Interesting, you never see this happen on SOL. What kind of rural and suburban retatd would stil use eth? Everything there just gets hacked. Meanwhile there have been zero incidents like this on SOL, which is why al smart city folks rotated there long ago
>>61246187>Beets vault on Sonic, a Balancer fork also affected
>>61246418There is no defi on sol.
>exploit reaches 128M...
>>61246433theres no defi on bitcoin either. just admit it, eth is an obsolete failed experiment and youre a fat midwestern bagholder
>>61246484If sol is soo good why is soleth dumping?
>>61246489zoom out
>>61246418>Interesting, you never see this happen on SOL. What kind of rural and suburban retatd would stil use eth? Everything there just gets hacked. Meanwhile there have been zero incidents like this on SOL, which is why al smart city folks rotated there long agoThe city of New Delhi!
>>61246492I zoomed out and its bearflagging for a while....
>>61246187future of finance indeed
>>6124650017% yearly inflation, zero usecase only dogshitcoins rugging left and right.....
>>61246312I also randomly saw a contract exploited last year and it was 4 years old. Much smaller. Jeets scan contracts for weakness with ai?
>>61246343Dimwit take, you are save aswell. Midwits use these apps like balancer, bancor, rubic, celsius and lose money. High iq people only use save defi like aave, uniswap or 1inch.
should i put a long on monero / xmr? last time this happened xmr pumped from $225 to $420 in 6 hours
qrd? whats this balancer?
>>61246484All crypto that touts gay-space-aids tech is garbage. BTC is a simple store of value. The rest are shitcoins.
>>61246187The future of finance
>>61246666Checked and yes its a valid bet
>>61246187Future of finance.
based sonic devs
>>61247052>money in Sonic chain is'nt really your own if Sonic can confiscate it. Not entirely based imo.
>>61246187>$70M>>61246231>$88M>>61246302>$118Mthats literally nothing IF you're not involved. right?
>>61246308YEEEEEEEEEEEEEEAAAAAAAAAAAHHHHHHHH!!!!!!!
>>61247106while I agree, every stablecoin has this feature and stablecoins are the backbone of defi as we know it. in that sense, defi could be "confiscated" at any time by circle or tether.
>>61246187just withdrew everything i had on aave. Never know when the contagion is going to spread to other crypto niggersWhat's the point of getting 6% apy if you have 10% chance of losing it all
>>61246704>All crypto that touts gay-space-aids tech is garbage. BTC is a simple store of value. The rest are shitcoins.houdini swap is where to trade these values privately kek
>>61247170>understandable, though it is only V2 vaults and of them only some were drained
Chainlink could have prevented this
>>61247437
>>61246187Unfortunate really, just before SmartCon.
>>61247146this is why no hacker touches any of the USDC or USDT nowadays
>>61247437If the Twitter slueths are to be trusted, the vulnerability was caused by Link integration.
