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Balancer has become the most discussed topic across crypto forums after the decentralized finance (DeFi) protocol faced a large-scale exploit that drained more than $116 million in assets. According to Santiment’s data, the breach targeted Balancer’s v2 pools across multiple blockchains by exploiting a vulnerability in the smart contract.

StakeWise has pulled off a rare recovery in the DeFi world, retrieving the majority of assets lost in the recent that rocked the ecosystem.

Decentralized exchange and liquidity protocol Balancer has suffered a major security breach, with attackers stealing over $120 million in digital assets.