Gnosis Chain Executes Hard Fork to Recover $9.4M from Balancer Exploit
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 24 2025- Asset Recovery Action: The Gnosis Chain community successfully executed a hard fork to recover $9.4 million linked to the Balancer exploit, ensuring these funds are no longer under the attacker's control, thereby enhancing user trust and maintaining network security.
- Technical Decision Background: This hard fork was decided after weeks of discussions to address the nearly $120 million loss from the November Balancer attack, demonstrating the community's strong commitment to protecting user assets.
- Mixed Community Reactions: While supporters argue that this intervention shows accountability, critics warn that such actions could undermine the principle of immutability, calling for clearer rules to guide future interventions.
- Future Outlook: Gnosis's head of infrastructure stated that the team's priority is to complete the asset recovery by the end of December, and achieving this goal will help enhance the overall stability of the network and user confidence.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
