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Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined

In this week’s newsletter, Ethereum staking services have agreed upon a 22% limit on all validators to ensure fair markets. August proved to be another costly month for DeFi as several protocols were collectively exploited for $16 million. In separate exploit news, Balancer protocol lost nearly $900,000 due to a vulnerability flagged months ago.

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Source: Cryptocurrency - investing.com

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