Back
Berachain Nears Full Partner Readiness After Oracle Provider Delay

Berachain Nears Full Partner Readiness After Oracle Provider Delay

Berachain Foundation confirms the $12.8M recovery from the BEX/Balancer V2 exploit with white-hat support, resuming HONEY operations while keeping withdrawals limited during ongoing security reviews.

Summary

The Berachain Foundation announced the recovery of $12.8 million previously stolen in the BEX/Balancer V2 exploit, with assistance from white-hat collaborators. The returned funds have been secured in the foundation wallet, enabling the resumption of HONEY minting and redemption. However, withdrawals remain restricted while an investigation is ongoing to ensure system integrity.

Terms & Concepts
  • Oracle provider: A service that supplies real-world data to blockchain applications and smart contracts.
  • White-hat: Ethical hackers or security specialists who help recover stolen assets and strengthen system security.
  • BEX: A decentralized exchange component within the Berachain ecosystem, implicated in the reported exploit and recovery.