The crypto market structure bill has PASSED the Senate Banking Committee with a bi-partisan vote!
Historic day for crypto and for the future of digital assets in America. Grateful for the countless hours from lawmakers and staff to strengthen this legislation. Big improvement from where we were in January on rewards, tokenization, DeFi, and CFTC authority. I'm proud we stood up for our customers in that moment, and the bill is better because of it.
Looking forward to a bipartisan law that cements the US as the world's crypto capital. Let's get CLARITY done.
Millions across the globe and their mothers have started investing in usa stocks recently...
When the bubble bursts these same noobs will be your #altcoins exit liquidity...
#btc#crypto#nasdaq
Today, around 7:48 AM UTC, an exploit affected Balancer V2 Composable Stable Pools.
Our team is working with leading security researchers to understand the issue and will share additional findings and a full post-mortem as soon as possible.
Because these pools have been live onchain for several years, many were outside the pause window. Any pools that could be paused have been paused and are now in recovery mode.
All other Balancer pools are unaffected. This issue is isolated to V2 Composable Stable Pools and does not impact Balancer V3 or other Balancer pools.
Balancer is committed to operational security, has undergone extensive auditing by top firms, and had bug bounties running for a long time to incentivize independent auditors. We are working closely with our security and legal teams to ensure user safety and are conducting a swift & thorough investigation. We’re grateful to our partners and the broader DeFi community for their support.
Security notice: Fraudulent messages claiming to be from the Balancer Security Team are circulating. These are not from us. Do not interact with unsolicited communications or click unknown links.
Official updates will be posted only via:
- This official Balancer account on X (Twitter)
- Our official Discord server
Be careful with communications from other sources, they can be fraudulent.
We will provide a comprehensive update with more details as our investigation progresses.
The Balancer Team.