Decentralized trading protocol Balancer said its web front end is suffering from an exploit and urged users not to interact with the website.
Currently, tweets from Balancer and a warning from the Metamask wallet suggest the Balancer URL, or web address, has suffered a redirect attack and users are being sent to a malicious page rather than the authentic site.
A wallet address identified by internet sleuth ZachXBT shows that over $200,000 in digital assets may have been stolen. According to Nansen.ai data, the wallet’s current balance is just over $100,000, with most of the assets being stETH and DAI.
On-chain data suggests that the user behind the wallet has been moving some of the stolen proceeds to Aave.
(Etherscan)
All this comes roughly a month after Balancer warned the public about an unrelated vulnerability in the protocol’s pools and urged users to withdraw their assets.
