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Balancer reported that a rounding error in its swap logic led to a major exploit on November 3, draining over $128 million from its Composable Stable Pools across various networks. The flaw allowed attackers to manipulate pool balances and extract funds before emergency measures were implemented to contain the damage.
Aevo's legacy Ribbon Finance vaults were exploited for $2.7 million on December 12, following a problematic oracle upgrade. The upgrade allowed users to manipulate prices of new assets, enabling the attacker to drain funds primarily in ETH and stablecoins across multiple wallets.
The DeFi protocol Balancer may have been exploited, with over $128.6 million in assets withdrawn from its vaults. The issue appears linked to a faulty smart contract check, and the attack is reportedly ongoing across multiple chains. Balancer is investigating the situation and has confirmed the exploit.
The Loopscale DeFi protocol on Solana suffered a $5.8 million exploit just two weeks after its launch. An audit revealed critical vulnerabilities, including issues with collateral management and token handling, leading to significant financial risks.
GMX V1 exchange has suffered a significant security breach, resulting in the loss of approximately $40 million. The exploit targeted vulnerabilities in the platform's smart contracts, raising alarms in the decentralized finance (DeFi) community regarding the safety of user assets. Investigations are ongoing to understand the full impact of the attack and measures to prevent future incidents.
ResupplyFi, a decentralized finance (DeFi) platform, suffered a significant exploit resulting in a loss of $96 million in Wrapped Staked Ether (wstETH). The incident has raised concerns about security vulnerabilities in DeFi protocols as the platform seeks to recover from the attack and restore user trust.