Cyvers in the News

Balancer hack shows signs of months-long planning by skilled attacker

Balancer exploit was most sophisticated attack of 2025: Cyvers

The Balancer exploit is one of the “most sophisticated attacks we’ve seen this year,” according to Deddy Lavid, co-founder and CEO of blockchain security firm Cyvers: “The attackers bypassed access control layers to manipulate asset balances directly, a critical failure in operational governance rather than core protocol logic.”

Crypto News: Balancer Faces Suspected $70M Exploit as Staked Ether Moves to New Wallet

Cyvers estimates the total amount involved could reach $84 million across multiple chains.

Blockchain security firm Cyvers stated that it detected up to $84 million in suspicious cross-chain transactions linked to the Balancer protocol. The firm emphasized that investigations are ongoing and urged users to avoid interacting with potentially compromised contracts until an official update is issued.

Balancer Exploited for $128 Million Across Ethereum Chains as Berachain Halts Network

Security experts Cyvers and PeckShield both estimate the total losses to be worth approximately $128 million.

This is because Berachain’s native decentralized exchange is built upon the same vulnerable codebase as Balancer V2, Cyvers told Decrypt.