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Hackers Drain $120M From Ethereum DeFi Protocol Balancer

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Hackers Drain $120M From Ethereum DeFi Protocol Balancer

Leading Ethereum-based DeFi protocol Balancer has become the latest victim of a hack, with attackers draining nearly $120 million from its vaults. Several blockchain analytics platforms, including Lookonchain and PeckShieldAlert, have called the public’s attention to the incident.

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