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BREAKING01:36 AM
Fluid Co-founder Confirms Vaults Rehypothecate Collateral and Lack Full Isolation↗
Alert01:36

Fluid Co-founder Confirms Vaults Rehypothecate Collateral and Lack Full Isolation

Alert01:06

Lighter Spot Goes Live with ETH: Launch Details & Incentives

Gov01:05

X Terminates EU Commission Ad Account Citing Reach Manipulation

Alert00:54

Jupiter COO Admits 'Zero Contagion Risk' Marketing Was Inaccurate

Alert00:21

Whale Fat-Fingers $2M HYPE Sell Order, Triggering 2.6% Flash Crash

Crypto00:06

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Macro00:05

US Home Delistings Surge 28% to Highest September Level Since 2017

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Alert22:06

Justin Sun Alleges $500M Techteryx Fraud Scheme Involving FDT, Legacy Trust, and Vincent Chok

Crypto22:06

Aztec Network Concludes First CCA on Uniswap with $59M Committed; Settlement 59% Above Floor

Alert22:06

Kevin Hassett reportedly poised to be next Fed Chair; predicts rate cut

Macro22:06

US Market Share Volume Hits Record Highs Amid Retail Boom

Crypto22:06

Centrifuge Records $1.3 Billion Inflows with Sky Ecosystem Allocation

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Rayls Labs Secures $1B Tokenized Credit Commitment for 2026 Mainnet

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Summary22:00

24H Summary: Hyperliquid Integrates Native USDC & French Bank BPCE Enters Crypto

Summary21:15

6 Hour Summary: Jupiter Retracts 'Zero Risk' Claims & Hyperliquid Lists SOL Ticker

Gov21:06

Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto

Crypto21:06

CZ Emphasizes Strict Private Key Isolation for Hardware Wallets

Macro21:06

US Small Business Bankruptcies Surge to Records as Inflation Persists

 
Crypto

Balancer DAO Initiates Reimbursement Plan Following Major Exploit

11/28/2025, 06:05
11/28/2025, 09:05
AI SUMMARY
●Balancer DAO initiates a reimbursement plan following a security exploit with losses estimated between $110M and $128M.
●The plan includes distributing $8 million in recovered assets to affected liquidity providers as part of remediation efforts.
●Structured payouts aim to compensate users and restore community value.
Balancer DAO has announced plans to distribute recovered funds to liquidity providers affected by a significant security exploit on the protocol. The incident reportedly resulted in a loss ranging between $110 million and $128 million. The initial phase of the plan includes the distribution of $8 million in recovered assets to affected liquidity providers. Structured payouts aim to compensate users and restore community value following the breach. [Update 1] Balancer has officially confirmed the distribution plan for the $8 million in recovered funds. This move is part of the protocol's broader remediation efforts to compensate users affected by the $128 million exploit.

Sources (3)

01@TheBlock__↗02@DecryptMedia↗03@ICODrops↗
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