Coincu claims that the Balancer frontend has been targeted, and the Balancer team is presently looking into the matter. Users are recommended to take precautions and hold off on using the Balancer UI until further notice.
So far, a loss of almost $238,000 has resulted from the attacker sending stolen money to the address 0x645710Af050E26bB96e295bdfB75B4a878088d7E. PeckShieldAlert reports that MEXC, a cryptocurrency exchange, sent 1.04 $AVAX to the attacker’s associated address, 0xf998.
In a recent update, it was noted that the hacker converted 15.4 $ETH into roughly 2,730 $AVAX before sending the money to MEXC’s deposit address.