Defi protocol Balancer suffers frontend hack
The team behind the protocol has confirmed the attack and urged users to avoid interaction with the project’s interface. Balancer (BAL), an automated market maker on the Ethereum (ETH) blockchain, has become the latest decentralized finance protocol to suffer from a frontend attack. According to an X post by Balancer, the issue is “under investigation.” The balancer frontend is under an attack. The issue is currently under investigation. Please do NOT interact with the balancer UI until further notice! — Balancer (@Balancer) September 19, 2023 Although no other details on the matter were given, the team behind Balancer urged users to avoid interacting with the protocol’s website “until further notice.” According to a blockchain investigator ZachXBT, the hacker stole around $238,000 in crypto. As of press time, the stolen funds have been directed to the address 0x64…8d7E. Stolen funds are being directed to this address 0x645710...