Short News View Non-AMP

Balancer Exploit Drains Over $116M Across Multiple Networks

Published by
Sohrab Khawas

On November 3, 2025, Balancer’s v2 pools were exploited, leading to a loss of more than $116 million across multiple blockchains including Ethereum, Arbitrum, Base, Sonic, Optimism, and Polygon. The attack took advantage of a vulnerability in the core vault smart contract, enabling unauthorized withdrawals. Forked projects like Beets and Berachain were also affected. Balancer confirmed the incident, warned users to avoid the impacted pools, and reassured that v3 pools are secure. Following the breach, the BAL token fell by 5%.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

XRP News: CoinShares Suddenly Withdraws XRP ETF Application, Here’s Why

The excitement around new crypto ETFs in the U.S. has been huge this year, with…

November 30, 2025

Crypto Rebound Alert: What’s Next for Bitcoin, Ethereum, XRP and Solana Prices?

The crypto market has seen a sharp bounce over the past week, with Bitcoin, Ethereum,…

November 30, 2025

XRP, DOGE, and SHIB Forecast Gains, While Ozak AI Prediction Points to a Market-Leading Rally

Crypto market sentiment keeps bolstering as analysts assign exquisite profits across several primary altcoins, with…

November 29, 2025

2026 AI Altcoin Forecast: Ozak AI Expected to Hit $5 Post-Listing — 10,000% ROI for Early Backers Possible

Nowadays, investors choose AI-based tokens over other cryptocurrencies. Ozak AI is a top emerging token…

November 29, 2025

QNT Price Breaks Falling Wedge: Can the Bullish Structure Push Toward $150?

The QNT price is showing a notable shift in momentum as it breaks free from…

November 29, 2025

The Biggest Black Friday of 2025? Digitap’s $1M Prize Pool Sways Ethereum & SOL Whales

Q4’s next big performer may have been unveiled, as Digitap ($TAP) announced a $1 million…

November 29, 2025