😰 Balancer has confirmed a hack of its V2 Composable Stable Pools, which resulted in the theft of approximately $110–116 million (later updated to up to $128 million) across the Ethereum, Base, and Sonic networks.

✍️ How it happened

✔️ The attacker exploited a vulnerability in the Balancer V2 smart contracts — the central liquidity hub that aggregates tokens from pools and processes swaps.

This flaw allowed the attacker to manipulate internal balances without the required permissions.$XRP

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