ChainCatcher message, Gnosis Chain has executed a hard fork, successfully recovering funds related to the $116 million hack suffered by Balancer in November.
Gnosis confirmed on Tuesday via the X platform that the hard fork has been completed, and the stolen funds are now 'out of hacker control'. Previously, most validator nodes took emergency soft fork measures in November to control the losses. Gnosis infrastructure head Philippe Schommers stated that the recovered funds will be deposited into a wallet controlled by the DAO, and the community will decide on the subsequent distribution plan. Earlier reports indicated that Balancer disclosed on November 3 that its decentralized exchange and automated market maker were attacked, resulting in losses exceeding $116 million. White hat hackers and internal rescue operations have successfully recovered approximately $28 million in assets.
