Gnosis Chain said its community of node operators has executed a hard fork to recover funds linked to the Balancer exploit. This week, Gnosis confirmed that the assets are now out of the attacker’s control and urged remaining operators to update their nodes to avoid penalties. It has not yet specified the exact total amount […]
The Balancer v2 exploit on November 3rd resulted in losses of around $120 million across its main protocol and multiple forks. According to the SlowMist security team’s post-incident analysis, the exploit stemmed from a precision loss flaw in the integer fixed-point arithmetic used to calculate scaling factors inside Composable Stable Pools, which are designed for […]