Gnosis Chain has announced plans to implement a hard fork to recover funds lost in the recent Balancer vulnerability incident. The decision, made by the chain's operator community, aims to regain control of assets that are currently inaccessible to hackers.
In response to the incident, Gnosis had previously collaborated with Monerium and Balancer to freeze certain affected liquidity pools and temporarily restricted cross-chain asset transfers via the standard bridge. The Gnosis team continues to work with ecosystem partners and has urged remaining node operators to take necessary actions to avoid penalties.
Gnosis Chain to Execute Hard Fork to Recover Stolen Balancer Funds
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