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Balancer pools drained of more than $450,000 due to an exploit connected to deflationary tokens - The Block

By theblockcrypto.com on June 29, 2020


Two multi-token pools on Balancer, an automated market maker protocol, were drained of ~$450,000 on June 29 by an attacker that specifically targeted pools containing the so-called deflationary tokens. The hacker conducted the attack in two separate transactions — one took place at 6:03 pm and the second one 30 minutes later 06:49 pm. Only pools with …

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