Balancer Offers $23 Million White Hat Bounty After DeFi Hack

[tradelikepro]

In the wake of its $116 million breach, Balancer has announced a 20% white hat bounty — worth over $23 million — for the safe return of stolen funds.

As of publication, no bounty claims have been made. The exploit underscores the ongoing risks facing hot wallets, liquidity pools, and other onchain assets, reinforcing the need for robust cybersecurity practices across the DeFi ecosystem.

[Abdul Khan]

That’s a massive bounty — better to pay white hats than chase black hats.

[alex10]

DeFi’s security evolution continues, one exploit at a time.