PANews reported on November 6th that Balancer released a preliminary incident report on the v2 vulnerability exploit, stating that Hypernative monitoring detected an exploit targeting Balancer V2 Composable Stable Pools at 15:46 (UTC+8) on Monday. Affected networks include Ethereum, Base, Avalanche, Gnosis, Berachain, Polygon, Sonic, Arbitrum, and Optimism. The initial root cause is an incorrect rounding direction in the `EXACT_OUT` function of the `batchSwap` and `upscale` functions, leading to manipulation of pool balances. CSP v6 has been automatically paused and Recovery Mode enabled ; CSP v5 is affected. Mitigation progress: StakeWise recovered approximately 5,041 osETH and 13,495 osGNO ; Base MEV and BitFinding recovered approximately $750,000; Monerium froze approximately 1.3 million Euros ; Berachain suspended its chain; and Sonic froze related addresses. The final losses are pending verification by multiple parties.PANews reported on November 6th that Balancer released a preliminary incident report on the v2 vulnerability exploit, stating that Hypernative monitoring detected an exploit targeting Balancer V2 Composable Stable Pools at 15:46 (UTC+8) on Monday. Affected networks include Ethereum, Base, Avalanche, Gnosis, Berachain, Polygon, Sonic, Arbitrum, and Optimism. The initial root cause is an incorrect rounding direction in the `EXACT_OUT` function of the `batchSwap` and `upscale` functions, leading to manipulation of pool balances. CSP v6 has been automatically paused and Recovery Mode enabled ; CSP v5 is affected. Mitigation progress: StakeWise recovered approximately 5,041 osETH and 13,495 osGNO ; Base MEV and BitFinding recovered approximately $750,000; Monerium froze approximately 1.3 million Euros ; Berachain suspended its chain; and Sonic froze related addresses. The final losses are pending verification by multiple parties.

Balancer: EXACT_OUT rounding error combined with batchSwap causes pool balance manipulation.

2025/11/06 09:49

PANews reported on November 6th that Balancer released a preliminary incident report on the v2 vulnerability exploit, stating that Hypernative monitoring detected an exploit targeting Balancer V2 Composable Stable Pools at 15:46 (UTC+8) on Monday. Affected networks include Ethereum, Base, Avalanche, Gnosis, Berachain, Polygon, Sonic, Arbitrum, and Optimism. The initial root cause is an incorrect rounding direction in the `EXACT_OUT` function of the `batchSwap` and `upscale` functions, leading to manipulation of pool balances. CSP v6 has been automatically paused and Recovery Mode enabled ; CSP v5 is affected. Mitigation progress: StakeWise recovered approximately 5,041 osETH and 13,495 osGNO ; Base MEV and BitFinding recovered approximately $750,000; Monerium froze approximately 1.3 million Euros ; Berachain suspended its chain; and Sonic froze related addresses. The final losses are pending verification by multiple parties.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

The post Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin! appeared on BitcoinEthereumNews.com. While the number of Bitcoin (BTC) treasury companies continues to increase day by day, another Nasdaq-listed company has announced its purchase of BTC. Accordingly, live broadcast and e-commerce company GD Culture Group announced a $787.5 million Bitcoin purchase agreement. According to the official statement, GD Culture Group announced that they have entered into an equity agreement to acquire assets worth $875 million, including 7,500 Bitcoins, from Pallas Capital Holding, a company registered in the British Virgin Islands. GD Culture will issue approximately 39.2 million shares of common stock in exchange for all of Pallas Capital’s assets, including $875.4 million worth of Bitcoin. GD Culture CEO Xiaojian Wang said the acquisition deal will directly support the company’s plan to build a strong and diversified crypto asset reserve while capitalizing on the growing institutional acceptance of Bitcoin as a reserve asset and store of value. With this acquisition, GD Culture is expected to become the 14th largest publicly traded Bitcoin holding company. The number of companies adopting Bitcoin treasury strategies has increased significantly, exceeding 190 by 2025. Immediately after the deal was announced, GD Culture shares fell 28.16% to $6.99, their biggest drop in a year. As you may also recall, GD Culture announced in May that it would create a cryptocurrency reserve. At this point, the company announced that they plan to invest in Bitcoin and President Donald Trump’s official meme coin, TRUMP token, through the issuance of up to $300 million in stock. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/another-nasdaq-listed-company-announces-massive-bitcoin-btc-purchase-becomes-14th-largest-company-theyll-also-invest-in-trump-linked-altcoin/
Share
BitcoinEthereumNews2025/09/18 04:06