Gnosis Chain has taken decisive action to recover funds lost in the recent Balancer exploit through a successful hard fork. This move, approved by the validator community, aims to ensure that the stolen assets are no longer accessible to the attacker. Based on the data provided in the document, the hard fork is expected to enhance the security of the network moving forward.
Hard Fork Execution
The hard fork was executed on December 22, 2025, following an earlier soft fork implemented in November to address the exploit. The primary objective of this hard fork is to reclaim the stolen funds and place them under the control of the community, with plans to transfer the assets into a DAO-controlled wallet before Christmas.
Community Involvement in Recovery
In the aftermath of this recovery effort, the Gnosis community will determine the process for users to claim their funds. Additionally, discussions will take place regarding how contributors to the recovery may receive recognition or compensation for their efforts. This ensures a collaborative approach to restoring trust and security within the ecosystem.
In a recent development, Coinbase has integrated the Base network for SOL transfers, enhancing cross-chain functionality. This move contrasts with Gnosis Chain's hard fork aimed at recovering funds from a recent exploit. For more details, see read more.
