Berachain validators halt network for emergency hard fork to fix Balancer V2-related exploits
Key Takeaways
- Berachain validators halted the network to address security vulnerabilities linked to Balancer V2.
- An emergency hard fork was coordinated by the Berachain core team and developers.
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Berachain validators today halted the network for an emergency hard fork to address Balancer V2 exploits affecting the blockchain’s ecosystem.
The halt specifically targets vulnerabilities in Balancer V2, a decentralized protocol facing recent exploit risks within integrated ecosystems. BEX, a Berachain-native exchange platform, was among the components affected by the protocol vulnerabilities.
Berachain has paused honey minting and related pools to mitigate potential damage from the Balancer exploit. The foundation emphasized ongoing monitoring of exchange features as part of the ecosystem protection measures during the security response.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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