Last 30 hours have been hard for DeFi. Here's a summary:
1. Moonwell $1M exploit, allegedly via Chainlink mispricing on wrstETH oracle.
2. Stream Finance xUSD goes down, with a ~$93 million loss of funds.
3. Balancer v2 and forks like Beets & BEX hacked for over $130M 👇



Balancer v2 is the most devastating one.
It's been one of the most widely used and audited codebases.
The ripple effect caused Berachain, Sonic, Polygon to take action and protect users' funds.
Thankfully, Balancer v3 seems unaffected.

Balancer
@Balancer
11-04
Today, around 7:48 AM UTC, an exploit affected Balancer V2 Composable Stable Pools.
Our team is working with leading security researchers to understand the issue and will share additional findings and a full post-mortem as soon as possible.
Because these pools have been live

Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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