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Following the critical report of a vulnerability, Balancer has implemented urgent measures, impacting 4% of the total locked value.

The official X account of Balancer issued a critical reminder, pressing users to extract their investments from all compromised liquidity pools without delay due to the significant vulnerability reported.

To keep users informed, the Balancer team has promptly updated the user interface, highlighting if any stakeholders have liquidity in the affected pools and providing simplified instructions for withdrawals.

While we consider the assets in the pools that have been secured (marked as 'mitigated') to be safe, we still highly advise a quick transition to secure pools or withdrawals . Those pools that haven't been mitigated are identified as 'at risk'. If you are a liquidity provider in any of these pools, please exit without delay .

Stated in the announcement

This article will be revised once the Balancer team releases its post-mortem report. To delve deeper, read more in our update .

Disclaimer

In line with the Trust Project guidelines , please remember that information on this page should not be viewed as legal, financial, investment, or any other kind of advice. It's vital to only invest what you're prepared to lose and to seek independent financial guidance if you're unsure. For more details, we recommend consulting the terms of service and the help pages provided by the issuer or advertiser. MetaversePost is devoted to providing accurate, neutral reporting, but market conditions can shift unexpectedly.

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