PANews reported on November 6th that due to a vulnerability in Balancer V2, the fixed-rate lending protocol Notional V3 lost a total of 721.6 ETH on the Ethereum mainnet and Arbitrum. Balancer/Aura leveraged vault users suffered a 100% loss, and ETH lending and liquidity provider accounts will experience significant write-downs. To prevent further risks, Notional V3 announced it will shut down services on both chains and automatically migrate cross-currency lending users to Aave. The official statement indicates that detailed write-down percentages and exit strategies will be released soon, urging affected users to contact the team as soon as possible.PANews reported on November 6th that due to a vulnerability in Balancer V2, the fixed-rate lending protocol Notional V3 lost a total of 721.6 ETH on the Ethereum mainnet and Arbitrum. Balancer/Aura leveraged vault users suffered a 100% loss, and ETH lending and liquidity provider accounts will experience significant write-downs. To prevent further risks, Notional V3 announced it will shut down services on both chains and automatically migrate cross-currency lending users to Aave. The official statement indicates that detailed write-down percentages and exit strategies will be released soon, urging affected users to contact the team as soon as possible.
Notional V3 will be discontinued due to the Balancer hack, and ETH lending users will suffer significant write-downs.
PANews reported on November 6th that due to a vulnerability in Balancer V2, the fixed-rate lending protocol Notional V3 lost a total of 721.6 ETH on the Ethereum mainnet and Arbitrum. Balancer/Aura leveraged vault users suffered a 100% loss, and ETH lending and liquidity provider accounts will experience significant write-downs. To prevent further risks, Notional V3 announced it will shut down services on both chains and automatically migrate cross-currency lending users to Aave. The official statement indicates that detailed write-down percentages and exit strategies will be released soon, urging affected users to contact the team as soon as possible.
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 [email protected] 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
KindlyMD Secures A Landmark $210 Million USDT Loan From Kraken Operator
The post KindlyMD Secures A Landmark $210 Million USDT Loan From Kraken Operator appeared on BitcoinEthereumNews.com. Massive Move: KindlyMD Secures A Landmark $210 Million USDT Loan From Kraken Operator Skip to content Home Crypto News Massive Move: KindlyMD Secures a Landmark $210 Million USDT Loan from Kraken Operator Source: https://bitcoinworld.co.in/kindly-md-usdt-loan-kraken/
Share
BitcoinEthereumNews2025/12/10 11:25
Vivek Ramaswamy's Strive to raise $500M to buy Bitcoin
Strive, co-founded in 2022 by American entrepreneur Vivek Ramaswamy, launched a $500 million preferred stock offering to acquire more Bitcoin and Bitcoin-related products. Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases.The firm, which was co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, stated on Tuesday that it intends to use the net proceeds from the sale for “general corporate purposes, including, among other things, the acquisition of Bitcoin and Bitcoin-related products and for working capital.”It also intends to purchase “income-generating assets” to grow the company’s business, but did not specify which. Read more
Share
Coinstats2025/12/10 09:44
Massive 227 Million USDT Transfer from OKX Sparks Market Speculation
BitcoinWorld Massive 227 Million USDT Transfer from OKX Sparks Market Speculation In a move that has captured the attention of the entire cryptocurrency community, blockchain tracking service Whale Alert has reported a staggering transaction. A colossal sum of 227,070,031 USDT, valued at approximately $227 million, was just transferred from the major exchange OKX to an unknown wallet. This single USDT transfer represents one of the largest […] This post Massive 227 Million USDT Transfer from OKX Sparks Market Speculation first appeared on BitcoinWorld.
Share
bitcoinworld2025/12/10 11:40