01:47
Balancer: The white hat recovery operation has been initiated, approximately $4.1 million has been transferred to a controlled account.
PANews reported on November 13 that Balancer posted on the X platform, stating that in response to the recent Balancer V2 stablecoin pool incident, the Balancer team has initiated a white hat recovery operation and transferred approximately $4.1 million in funds to a controlled escrow account for reconciliation and refunds. This applies only to the Balancer V2 stable pool, and Balancer V3 is unaffected. Balancer reminds community users to be cautious of Phishing and currently advises against any operations with the listed funds pools. Further information will be updated after the reconciliation is completed.
According to previous reports, the DeFi protocol Balancer suffered a hack with a loss of approximately $116.6 million, involving the transfer of assets across multiple chains, including WETH and Staked.

