Balancer v2 launched in 2021 and is one of the most looked at and forked smart contracts since. It's very scary. Every time such an old contract can be exploited, it (rightfully) sets Defi adoption back by 6-12 months.
Balancer exploited for over $110M along with forks on multiple chains, TLDR: -> Balancer v2 pools are impacted, v3 is safe -> other BL forks are also affected, Total loss on different chains: Eth: balancer, 70m Base: balancer, 3.9m Polygon: balancer, 117k Sonic: beets, 3.4m Arb: balancer, 5.9m OP: beethoven, 283k -> there are around 27 forks of BL acc to defillama -> exploiter address keeps being active, creating new contracts and sending custom ERC20 tokens -> root cause is still not clear
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