Berachain: All funds stolen due to the vulnerability have been recovered, and the blockchain has resumed operations
ChainCatcher News, Berachain announced that all funds lost due to the BEX / Balancer v2 vulnerability (approximately $12.8 million) have been returned to the Berachain Foundation Deployer address. The blockchain has resumed operations.
The minting/redeeming function of HONEY has also been restored accordingly, but all BEX functions remain restricted, including redemption, withdrawal, deposit, etc. For those pools with stolen funds that have a large number of independent depositors, the Berachain core team is currently developing a system that will return deposits to their original addresses and distribute them to users accordingly. The team reminds that users whose deposits in BEX were not affected by the attack are temporarily unable to withdraw. This is a precautionary measure, as the cause of the Balancer vulnerability has not yet been fully identified.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SOL treasury company Forward Industries announces $1 billion stock buyback plan
Zcash Foundation launches new official website to strengthen privacy financial infrastructure
