Balancer reaches out to v1 exploit addresses for fund return
Balancer warned users of a bug in its legacy v1 contracts that allows draining LP funds. The affected pools are deprecated and non-pausable, so Balancer urged users to withdraw proportionally via a dedicated interface, stressing that other Balancer products, including currently supported versions, are not affected.
The team has since sent an on-chain message to known addresses involved in the V1 exploit, following best practices and offering a path for the hacker to contact them and return the funds. Balancer said it understands affected users await further updates and will continue to provide them.
Sources
- Yesterday, we sent an on-chain message to known addresses involved in Balancer V1 exploit, following the best practices and offering a path for the hacker to contact us and return the funds. We understand that affected users are awaiting further updates. We will continue to https://t.co/wZgb9DnlWnx.com ↗
- We are aware of a bug found in legacy Balancer v1 contracts that allows draining LP funds. These pools are deprecated and non-pausable. Users are encouraged to withdraw proportionally via https://t.co/W9YXbyre0K. Other Balancer products are not affected.x.com ↗
