Balancer initiated a white-hat recovery effort and transferred approximately $4.1 million to a controlled escrow account.

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Cointime2025/11/13 12:43

By:Cointime

Balancer posted on the X platform stating that in response to the recent Balancer V2 stablecoin pool incident, the Balancer team has initiated a white-hat recovery operation and transferred approximately 4.1 million USD to a controlled escrow account for reconciliation and refund. This incident only affects the Balancer V2 stablecoin pool, and Balancer V3 is not affected. Balancer reminds community users to beware of phishing and currently avoid any operations with the listed pools. Further updates will be provided after the reconciliation is completed.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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