PANews reported on November 5th that the Berachain Foundation announced early this morning that approximately $12.8 million in funds stolen from the BEX/Balancer V2 vulnerability has been fully recovered and returned to the foundation's deployed wallet. The team expressed gratitude to the white-hat hackers who assisted in recovering the funds and plans to remove the malicious label from their addresses, and is considering awarding a bounty as a token of appreciation. Currently, all BEX functions (including exchange, withdrawal, deposit, etc.) remain restricted, while the minting and redemption of HONEY have resumed. Due to the suspension of BGT and incentive distribution over the past 24 hours, on-chain APR displays may show anomalies. Regarding the allocation of affected funds, the Berachain core team is developing a system to attribute and distribute them to the original user addresses one by one. BEX deposits unaffected by the vulnerability are currently also inaccessible; the team stated this is out of an abundance of caution and they are closely monitoring Balancer's follow-up investigation to ensure all user funds are safely returned as soon as possible.PANews reported on November 5th that the Berachain Foundation announced early this morning that approximately $12.8 million in funds stolen from the BEX/Balancer V2 vulnerability has been fully recovered and returned to the foundation's deployed wallet. The team expressed gratitude to the white-hat hackers who assisted in recovering the funds and plans to remove the malicious label from their addresses, and is considering awarding a bounty as a token of appreciation. Currently, all BEX functions (including exchange, withdrawal, deposit, etc.) remain restricted, while the minting and redemption of HONEY have resumed. Due to the suspension of BGT and incentive distribution over the past 24 hours, on-chain APR displays may show anomalies. Regarding the allocation of affected funds, the Berachain core team is developing a system to attribute and distribute them to the original user addresses one by one. BEX deposits unaffected by the vulnerability are currently also inaccessible; the team stated this is out of an abundance of caution and they are closely monitoring Balancer's follow-up investigation to ensure all user funds are safely returned as soon as possible.
The Berachain Foundation has confirmed that all stolen funds have been recovered. BEX functionality will be temporarily restricted to ensure user security.
PANews reported on November 5th that the Berachain Foundation announced early this morning that approximately $12.8 million in funds stolen from the BEX/Balancer V2 vulnerability has been fully recovered and returned to the foundation's deployed wallet. The team expressed gratitude to the white-hat hackers who assisted in recovering the funds and plans to remove the malicious label from their addresses, and is considering awarding a bounty as a token of appreciation.
Currently, all BEX functions (including exchange, withdrawal, deposit, etc.) remain restricted, while the minting and redemption of HONEY have resumed. Due to the suspension of BGT and incentive distribution over the past 24 hours, on-chain APR displays may show anomalies.
Regarding the allocation of affected funds, the Berachain core team is developing a system to attribute and distribute them to the original user addresses one by one. BEX deposits unaffected by the vulnerability are currently also inaccessible; the team stated this is out of an abundance of caution and they are closely monitoring Balancer's follow-up investigation to ensure all user funds are safely returned as soon as possible.
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