Berachain Halts HONEY Minting and BEX Liquidity Pools Sparking User Concerns

Berachain Halts HONEY Minting and BEX Liquidity Pools Sparking User Concerns
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Berachain confirmed today on its official X account that HONEY minting and BEX liquidity pools have been temporarily suspended due to a vulnerability related to a Balancer V2 exploit affecting the ecosystem. The foundation emphasized the move is preventative to safeguard users’ funds.

The network validators have coordinated a planned halt of the Berachain network, allowing the core team to perform an emergency hard fork to address the exploit. The incident primarily impacted the Ethena/Honey tripool, involving complex smart contract transactions with non-native assets, which required a more extensive rollback/rollforward process than a standard hard fork. Users of BEX and HONEY tokens may experience temporary restrictions until all affected funds are fully recovered.

The foundation indicated that operations will resume shortly once the security measures and fund recoveries are complete. Continuous updates and a full post-mortem report are expected to provide transparency on the situation.

Source: https://x.com/berachain/status/1985288599152042101


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This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

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