PANews reported on December 23 that Gnosis Chain announced its operator community has decided to implement a hard fork to recover funds lost in the Balancer vulnerability incident. These funds are now out of the hackers' control.

Previously, Gnosis stated that it had collaborated with the Monerium and Balancer teams to freeze some affected liquidity pools and temporarily restricted cross-chain asset transfers from the Gnosis chain via the standard bridge. The Gnosis team will continue to work with ecosystem partners and remind remaining node operators to take action to avoid penalties.