Gnosis Chain conducted a hard fork to recover $9 million stolen in the November Balancer hack, with most validators supporting the update before the deadline. This move, reminiscent of Ethereum's 2016 DAO fork, has sparked debate about blockchain immutability and centralized control risks. Gnosis leadership plans to establish guidelines to manage future incidents and postponed a planned upgrade to maintain Ethereum compatibility.
[IMPORTANT] Gnosis Chain Executes Controversial Hard Fork to Restore $9M Lost in Balancer Hack
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