Lido reports its protocol is secure after a $116.6 million Balancer V2 exploit, with unaffected positions withdrawn by the Lido GGV team as a precaution.
Lido stated its protocol and user funds remain unaffected following reports of an exploit targeting certain Balancer V2 pools. The Lido GGV management team, Veda, withdrew unaffected positions from Balancer as a precautionary measure. Balancer reported total losses from the attack amounting to $116.6 million.