Balancer, an Ethereum-based decentralized finance protocol, has confirmed that its user interface is currently “under attack.”
The platform notified its community at 11:49 p.m. UTC on September 19, asking users not to interact with the Balancer protocol until further notice.
https://twitter.com/Balancer/status/1704281611326357567?ref_src=twsrc%5Etfw
Balancer said the details of the attack were being investigated. The company has not yet confirmed whether user funds are safe.
However, blockchain security companies including PeckShield and On-Chain Detective. ZachXBT estimates that at least $238,000 worth of cryptocurrencies were stolen.
https://twitter.com/PeckShieldAlert/status/1704306602529247294?ref_src=twsrc%5Etfw
This is Balancer’s second theft in a month, after Balancer warned of a critical security flaw on August 22 that led to a $2 million exploit a few days later.
Users attempting to access the Balancer website will face the following warning:
This is a developing story; More information will be added as it becomes available.
