Gnosis announces hard fork to recover funds from Balancer exploit

The hard fork on Monday followed a majority of Gnosis validators adopting a soft fork in response to a November Balancer exploit, in which about $116 million in crypto was stolen.

Gnosis chain operators executed a hard fork to recover funds tied to a $116 million Balancer exploit in November.

In a Tuesday X post following a notice for node operators, Gnosis said it executed a hard fork to recover some of the funds from a significant exploit of Balancer. The project said the funds were “out of the hacker's control,” signaling a partial or full recovery.

The hard fork, executed on Monday, followed a majority of validators adopting a soft fork in November in response to the Balancer exploit affecting “Balancer‑managed contracts on Gnosis Chain.”

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