Balancer audits under scrutiny after $100M+ exploit
Reports showed four security companies conducted 11 audits of Balancer’s smart contracts starting in 2021, but a bad actor was still able to drain millions in staked Ether.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Reports showed four security companies conducted 11 audits of Balancer’s smart contracts starting in 2021, but a bad actor was still able to drain millions in staked Ether.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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