Hacker Gets $20M Bounty Offer From Balancer DAO
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Following this week’s $100M DeFi exploit, Balancer has publicly offered its hacker up to 20% of the stolen funds — over $20 million — if they return the rest.
The funds were drained through a BatchSwap exploit and rounding bug in Balancer’s V2 and V5 Stable Pools.
Despite four separate audits, the vulnerability went unnoticed.
As of Friday, no funds have been returned. -
That sounds a bit optimistic.
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Hard to rebuild trust when audits miss what they’re meant to catch.
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Four audits and still exploited — shows how fragile DeFi security can be.
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“Bug bounty” — but make it unintentional.
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When the bounty is this big, you know the exploit was massive.
