Balancer proposes US$9M treasury wind-down
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Balancer has proposed an orderly wind-down after revenue failed to recover following the November 2025 exploit.
Balancer has proposed an orderly wind-down after revenue failed to recover following the November 2025 exploit.
Balancer Labs is shutting down after mounting financial pressure and a $116 million exploit, with plans to transition the protocol to community-led management.
A Balancer V1 pool was exploited, with about US$234,000 in crypto assets reportedly drained.
Gnosis has executed a hard fork to recover funds from a $116 million Balancer exploit, placing the assets beyond the attacker’s control.
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