Gnosis Chain plans to recover stolen funds from the Balancer incident through a hard fork

PANews, December 23 – Gnosis Chain announced that its operator community has decided to execute a hard fork to recover funds lost in the previous Balancer vulnerability incident. Currently, these funds are no longer under the hacker's control.

Previously, Gnosis stated that it had cooperated with Monerium and the Balancer team to freeze some of the affected liquidity pools, and temporarily restricted asset transfers out of Gnosis Chain via the standard bridge. The Gnosis team will continue to collaborate with ecosystem partners and reminds remaining node operators to take action to avoid penalties.