Berachain’s Emergency Hard Fork Traps Hacker, Freezing Funds From Balancer V2 Exploit

Blockchain justice served cold—Berachain just pulled off the crypto equivalent of catching a thief with their hand in the cookie jar.

The Hard Fork Gambit

When a hacker exploited Balancer V2's vulnerabilities, Berachain didn't just watch the digital heist unfold. They executed an emergency hard fork that essentially froze the stolen funds mid-air—like turning quicksand into concrete around the perpetrator's feet.

Active Defense in Action

This isn't your grandfather's financial security. The chain literally rewrote its own rules to trap the attacker, proving that in decentralized ecosystems, the community can still outmaneuver bad actors. No waiting for regulators, no court orders—just code cutting off escape routes.

The Ironic Twist

Meanwhile, traditional finance is still debating whether blockchain is 'secure enough' while moving at the speed of bureaucratic molasses. Sometimes the most bullish case for crypto isn't the gains—it's watching decentralized networks self-correct faster than Wall Street can schedule a committee meeting.

Forward Industries makes bullish bet on Solana

While the resale prospectus itself is largely procedural, allowing previous investors from the company’s September 2025 private placement to sell their shares, the $1 billion buyback is being touted as a strong signal of confidence in SOL.

Kyle Samani, Chairman of the Board, stated that today’s announcement reflects the former designer and manufacturer of medical and tech products’ “confidence in both Forward Industries’ differentiated strategy and the underlying strength of Solana’s ecosystem.”

Since September, Forward has consolidated its SOL balance sheet through active management and partnerships with key investors, including Galaxy Digital, Jump Crypto, and Multicoin Capital.

Forward Industries’ new identity

The newly approved repurchase program gives Forward flexibility to manage its capital structure, returning value to shareholders through open-market purchases, privately negotiated deals, or structured buyback mechanisms such as share repurchases.

The authorization allows Forward Industries to execute repurchases at its discretion, depending on factors such as market conditions and regulatory constraints.

“While the resale registration is a normal post-PIPE process, launching a buyback program alongside it sends a clear message — we are committed to building long-term shareholder value and believe in the potential of solana technology for capital market applications,” Samani stated in the announcement.

Samani continued: “The authorization gives us flexibility to return capital to shareholders when we believe our stock trades below intrinsic value, all while continuing to execute our Solana treasury and operational initiatives.”

The move is reminiscent of similar actions taken by crypto treasuries like Strategy, which used buybacks and treasury reallocations to increase shareholder value tied to digital assets.

Founded more than six decades ago as a product design and manufacturing company for medical and tech clients, Forward Industries has undergone a major transformation after recently increasing its exposure to crypto and becoming the largest Solana treasury company in the world.

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