BNB Chain announced on the X Platform that the recent Balancer Protocol attack has not affected any projects in its ecosystem.
BNB Chain: Balancer attack did not affect BNB Chain project, but fork projects should be careful
However, all projects forked from Balancer are asked to maintain a high degree of vigilance and consider temporarily suspending operations if necessary.
The BNB Chain team stated, “We have confirmed that the Balancer vulnerability incident did not harm any BNB Chain projects. However, risks remain for all projects of a similar nature.”
“All teams must remain vigilant, increase safety measures and temporarily suspend operations in suspicious situations,” he said.
The statement also noted that the BNB Chain team and its security partners are closely monitoring this incident and have implemented active monitoring and prevention mechanisms to address potential threats. The platform called on all developers to “prioritize security above all else.”
Blockchain security company PecShield previously announced that Balancer and its derivative projects suffered total losses of over $128 million in multi-chain attacks. This incident further highlights that decentralized finance (DeFi) protocols still have serious threat vulnerabilities.
BNB Chain emphasized that users’ funds are safe and said it will continue to closely monitor the situation across the ecosystem.
*This is not investment advice.
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