Berachain Halts Network to Contain Balancer-Linked Exploitation, Performs ‘Emergency Hard Fork’

Berachain validators coordinated an emergency network shutdown after exposure to a vulnerability linked to the Balancer V2 exploit, the project’s core team said Monday.

“The Berachain validators have coordinated to purposefully shut down the network as the core team executes an emergency fork to address Balancer V2-related exploits on BEX,” the Berachain Foundation said on X. “The shutdown has been purposefully executed and the network will be operational shortly after recovering all affected funds.”