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Balancer developers have reported the project has been affected by a critical vulnerability that affected several pools in the second version of the platform.

According to them:

"Emergency mitigation procedures have been executed to secure a majority of TVL, but some funds remain at risk."

The team has assured users assets have not been affected, but have asked them to withdraw funds immediately or move them to secure liquidity funds.

The amount of TVL in the project at the moment in the second version of Balancer amounts to $544 million.

The project developers have promised to publish a report with details about the vulnerability and how it has been addressed.

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