Balancer Recovery Update: Ethereum (ETH) $4.1M Moved to Custody for Refunds After V2 Stable Pool Incident (V3 Unaffected)
ETH/USDT
$15,764,184,570.61
$1,937.17 / $1,835.36
Change: $101.81 (5.55%)
-0.0004%
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Balancer has disclosed that a white-hat recovery operation is under way following the Balancer V2 stable pool incident, with roughly $4.1 million moved to a controlled custody account to support reconciliation and potential refunds.
This action covers only the Balancer V2 meta stable pool; the platform confirms that Balancer V3 remains unaffected. Users are urged to watch for phishing attempts and refrain from interacting with the affected pool during this period.
Earlier communications documented a hack that erased about $116.6 million, with asset movements across multiple chains, including WETH, Staked ETH, wstETH, and other tokens.
Additional updates will be issued as the reconciliation progresses.