The Berachain Foundation has confirmed that its validators have temporarily halted the Berachain network following an exploit linked to Balancer V2, which affected the Berachain Exchange (BEX). The coordinated pause was executed as a preventive security measure while the core team works on an emergency hard fork to mitigate vulnerabilities and recover impacted funds.
In an update shared on X (formerly Twitter), the foundation said the halt was intentional and aimed at “recovering all affected funds” before restoring normal operations. The team assured users that the network will resume shortly once the exploit has been fully contained.
Berachain added that HONEY minting and all BEX liquidity pools and vaults have been paused to prevent further damage. “We’ve been aware of the ongoing Balancer exploit for the past 45 minutes and are taking precautions to avoid any potential damage to the Berachain ecosystem,” the team stated.
The incident underscores the ripple effect of DeFi protocol exploits across interconnected ecosystems. Balancer V2’s vulnerabilities have recently impacted multiple platforms relying on its liquidity infrastructure.
