Gnosis Chain advances in recovering stolen funds: hard fork coming after the Balancer disaster

The situation is evolving on Gnosis Chain. The validator community has made a drastic but necessary decision: to perform a hard fork to restore funds lost during the vulnerability incident that affected Balancer. The positive news is that these assets are no longer in the hands of those who carried out the attack.

The initial problem and emergency measures

The recent incident on Balancer has alarmed the entire Gnosis ecosystem. To contain the damage, the team quickly activated collaboration with Balancer and Monerium, managing to block a significant portion of the compromised funds. Meanwhile, temporary limits have been implemented on asset transfers from the network’s standard bridge, a defensive move to buy time and evaluate available options.

The hard fork as the definitive solution

The implementation of the hard fork represents the chosen path for full recovery of the funds. This was not a decision taken lightly: network operators carefully evaluated this route to ensure stability and trust in the infrastructure.

What remaining nodes need to do

Gnosis reminds all node operators still in the game that they must act promptly. Those who do not adapt to the new network specifications risk significant consequences. The collaboration between the Gnosis team and ecosystem partners will continue to ensure a smooth transition during this critical period.