08-01-2023 06:46 via newsbtc.com

Balancer’s Native Coin BAL Resilient Amidst Security Emergency

Balancer’s native token, BAL, appears to be holding up despite the platform’s ongoing security issues. On Friday, Jan. 6, the DeFi project tweeted a statement asking liquidity providers on its platform to withdraw their tokens from certain pools valued at $6.3 million. 
Via their official Twitter handle, the decentralized exchange stated there was a security risk that could not be resolved by the platform’s emergency DAO. Thus, they advised LPs to immediately remove their
Read more »