The decentralized finance ecosystem is reeling from a massive security breach at Balancer, with over $128 million stolen across multiple blockchain networks. Blockchain security firms confirm the attack remains active, with the exploiter continuing to deploy new contracts and mint custom ERC-20 tokens while the protocol’s engineering team scrambles to contain the damage. The vulnerability appears to stem from a critical flaw in smart contract validation, putting numerous Balancer forks and the broader DeFi landscape at significant risk.
about Balancer DeFi Platform Exploited for $128M, Forks at RiskMikko Ohtamaa
0 posts last weekBigQuery Bills Shock Developers with $15K Charges
Developers in the blockchain space are reporting exorbitant and unexpected charges from Google Cloud’s BigQuery service, with one developer billed $15,000 for just three queries. The serverless data warehouse, designed for large-scale data analysis with AI capabilities, is facing criticism for its opaque pricing structure that can result in massive bills without warning. A pseudonymous developer warned that BigQuery poses bankruptcy risks, with stories emerging of $5,000 charges for single queries. These incidents highlight the financial dangers developers face when using cloud-based data services without clear cost controls, particularly affecting those working with large datasets in blockchain and decentralized finance projects.
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