one of the largest and most relied upon defi apps turned out to have an incredibly stupid bug that allowed that app's users to get robbed blind for $129 million and @coindesk doesn't even put that headline above the fold. #thatssocrypto
The Balancer v2 hack isn't about lost funds. It’s a trust collapse. A protocol live since 2020, audited and widely used, can still suffer a near-total TVL loss. That’s a red flag for anyone thinking DeFi is “stable.” No serious capital allocates into systems that fragile.
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