Gnosis Chain to Implement Hard Fork for Fund Recovery

According to PANews, Gnosis Chain has announced that its operator community has decided to execute a hard fork to recover funds lost in a previous Balancer vulnerability incident. These funds are now beyond the control of the hackers. Previously, Gnosis stated that it had collaborated with Monerium and the Balancer team to freeze some affected liquidity pools and temporarily restricted cross-chain asset transfers from the Gnosis Chain via standard bridges. The Gnosis team will continue to work with ecosystem partners and has advised remaining node operators to take action to avoid penalties.