Access Restricted for EU Residents
You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
Friday Nov 7 2025 20:00
2 min
The Balancer Decentralized Autonomous Organization (DAO) has issued an onchain notice to the wallet holder behind a recent exploit that resulted in the theft of over $100 million in digital assets. In a Friday post on X (formerly Twitter), Balancer shared a copy of the message sent to the individual or group responsible for the incident involving the platform’s V2 Composable Stable Pools. The decentralized exchange has offered the responsible party until Saturday to return the funds in exchange for an unspecified bounty. Failure to comply will result in the DAO pursuing “technical, onchain, and legal measures.”
“We understand that affected users are awaiting further updates,” Balancer stated regarding the exploit. “We will continue to provide information as the investigation progresses.”
The exploit, which Balancer reported to its users on Monday, resulted in the movement of over $100 million worth of staked Ether (ETH) – including StakeWise Staked ETH (OSETH), Wrapped Ether (WETH), and Lido wstETH (WSTETH) – to a newly created wallet. This security breach has raised questions regarding the audits of the exchange’s smart contracts, particularly given that reports indicate at least four security firms had previously reviewed them.
According to a post-mortem report released on Wednesday, the attackers utilized a combination of BatchSwaps and the upscale rounding function affecting EXACT_OUT swaps to exploit vulnerabilities within the v2 Stable Pools and Composable Stable v5 pools. Cointelegraph reached out to one of the auditors for comment but has yet to receive a response.
While the onchain message did not specify the precise amount of the bounty, Balancer’s team initially indicated that they would offer up to 20% of the stolen funds, potentially exceeding $20 million. As of the time of this report, no acceptance of the onchain offer has been observed.
Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.
Latest
View all
Thursday, 23 July 2026
6 min
Thursday, 23 July 2026
3 min
Thursday, 23 July 2026
4 min
Thursday, 23 July 2026
Indices
Gold Price Today, July 24: Gold Slips to $4,043 as Dollar and Yields Rise
Thursday, 23 July 2026
Indices
South Korea Tightens Rules on Single-Stock Leveraged ETFs, Raises Cash Requirement to KRW 30 Million from July 31
Thursday, 23 July 2026
Indices
Intel Q2 Revenue Jumps 25% on AI Demand, Beats Estimates as Strong Q3 Outlook Lifts Shares
Thursday, 23 July 2026
Indices
Crypto Prices Today July 24: Bitcoin Steadies Near $65K as ETF Demand Counters Geopolitical Uncertainty
Thursday, 23 July 2026
Indices
Oil Price News Today: Brent Slips Below $100 as Traders Weigh US-Iran Tensions
Thursday, 23 July 2026
Indices
US Treasury Says Yen Is Deeply Undervalued, Urges Bank of Japan to Continue Rate Hikes
EN
