Berachain Executes Emergency Hard Fork to Contain Balancer V2 Exploit Fallout
Berachain has deployed an emergency hard fork to immobilize funds linked to a hacker responsible for draining over $128 million from Balancer's V2 Composable Stable Pools. The blockchain's validators have begun upgrading to the new binary, though chain liveness remains paused during critical infrastructure checks.
The BERA Foundation confirmed the containment strategy via social media, emphasizing coordination with white-hat actors to facilitate asset recovery. Core teams are prioritizing oracle integrations and RPC updates before resuming block production, with exchanges and bridges to reconnect post-reactivation.
This reactive measure underscores the escalating security demands in DeFi, where protocol-level interventions are becoming essential safeguards against nine-figure exploits. The incident follows a pattern of aggressive chain governance responses to systemic threats.
