Balancer DAO Offers Bounty to $128M Hacker
Balancer DAO Offers Bounty to $128M Hacker
The Balancer Decentralized Autonomous Organization (DAO) has initiated contact with the hacker responsible for a $128 million exploit, offering a bounty in an attempt to resolve the situation cooperatively and avert further escalation.
Balancer DAO Confronts $128M Hacker After Major Heist
The Decentralized Autonomous Organization (DAO) overseeing the Balancer DeFi protocol has issued a direct communication to the wallet linked to a significant $128 million heist. The Balancer DAO is explicitly requesting cooperation from the perpetrator to facilitate a resolution to the incident, warning of potential escalation should their overture be disregarded. This move highlights the ongoing challenges faced by DeFi platforms in securing user assets and the complex strategies employed by DAOs to recover funds post-exploit.