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Balancer overhauls tokenomics after $116M hack, ending emissions to stabilize BAL and restore sustainability
Balancer will overhaul its tokenomics, planning to stop all new BAL issuing, and instead start buybacks.
Balancer, which is a decentralized finance (DeFi) protocol focused on automated market making (AMM), was exploited early Monday morning in an attack that may have led to $120 million or more in losses ...
(MENAFN- Crypto Breaking) Balancer Labs, the corporate backbone behind the Balancer DeFi protocol, is winding down after years of pressure and a devastating $116 million hack in November. Executives ...
Berachain has executed an emergency hard fork to trap a hacker's funds following a major breach on decentralized finance (DeFi) protocol Balancer, which saw over $128 million stolen from its V2 ...
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