DeFi protocol Balancer frontend is under attack, users urged to stay away

Balancer stated the information of the attack are under investigation. The company hasnt confirmed whether user funds are safe at this moment in time.However, one blockchain expert, ZachXBT declares $238,000 was stolen within the first 30 minutes of Balancer breaking the news.Stolen funds are being directed to this address0x645710Af050E26bB96e295bdfB75B4a878088d7E ~$ 238k stolen so far— ZachXBT (@zachxbt) September 20, 2023

Balancer, an Ethereum-based decentralized financing protocol has actually confirmed its user interface is presently “under an attack.” The platform notified its community on Sept. 19 at 11:49 pm UTC, prompting users to not engage with Balancers procedure till more notice.The balancer frontend is under an attack.

Related: Breaking: All funds are at danger– Steadefi exploited in continuous attackThis is the second theft from Balancer in a month, after it alerted of a vital vulnerability on Aug. 22, which resulted in a $2 million make use of numerous days later.Cointelegraph attempted to access Balancers site but was struck with an indication: Balancers website since Sept. 20 at 1:04 am UTC. Source: BalancerThis is an establishing story, and more information will be included as it appears.
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