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  1. Home
  2. Crypto-Detective
  3. Hacker Gets $20M Bounty Offer From Balancer DAO

Hacker Gets $20M Bounty Offer From Balancer DAO

Scheduled Pinned Locked Moved Crypto-Detective
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  • cryptobroC Offline
    cryptobroC Offline
    cryptobro
    wrote last edited by
    #1

    3aa3721b-9c0b-41c7-a053-1138c733ca2f-image.png

    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.

    1 Reply Last reply
    1
    • Jan Emil ChristiansenJ Offline
      Jan Emil ChristiansenJ Offline
      Jan Emil Christiansen
      wrote last edited by
      #2

      That sounds a bit optimistic.

      https://x.com/cxcrypto1
      https://www.youtube.com/JanEmilChristiansen

      1 Reply Last reply
      4
      • The_Walking_DeadT Offline
        The_Walking_DeadT Offline
        The_Walking_Dead
        wrote last edited by
        #3

        Hard to rebuild trust when audits miss what they’re meant to catch.

        1 Reply Last reply
        3
        • Capybara_CapybaraC Offline
          Capybara_CapybaraC Offline
          Capybara_Capybara
          wrote last edited by
          #4

          Four audits and still exploited — shows how fragile DeFi security can be.

          1 Reply Last reply
          3
          • SwipeS Offline
            SwipeS Offline
            Swipe
            wrote last edited by
            #5

            Hope isn’t a recovery plan. Lessons need to be learned fast.

            1 Reply Last reply
            2
            • RevenantR Offline
              RevenantR Offline
              Revenant
              wrote last edited by
              #6

              Optimism doesn’t patch exploits

              1 Reply Last reply
              2
              • Pitchfork_IS_powerP Offline
                Pitchfork_IS_powerP Offline
                Pitchfork_IS_power
                wrote last edited by
                #7

                “Bug bounty” — but make it unintentional.

                1 Reply Last reply
                1
                • Nahid HossenN Offline
                  Nahid HossenN Offline
                  Nahid Hossen
                  wrote last edited by
                  #8

                  When the bounty is this big, you know the exploit was massive. 💥

                  Nike

                  1 Reply Last reply
                  1
                  • EmTeamE Offline
                    EmTeamE Offline
                    EmTeam
                    wrote last edited by
                    #9

                    Crazy world — hackers turning into negotiators now. 🤯

                    1 Reply Last reply
                    0


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