'Hacked' Stakewise recovers assets worth $20.7 million

Uk Jin

Summary

Stakewise said it recovered $20.7 million worth of assets leaked in a Balancer exploit.
The recovered assets are 5041 osETH ($19 million) and 13,495 osGNO ($1.7 million), representing 73.5% of the stolen osETH and 100% of the osGNO, respectively.
The recovered funds will be returned to the victims.

Stakewise, the Ethereum (ETH) staking protocol that was hacked the previous day, said on the 4th (Korean time) on X (formerly Twitter), "recovered about $20.7 million of the assets leaked in the Balancer (BAL) exploit."

According to Stakewise, Stakewise DAO executed a series of recovery transactions through an emergency multisig wallet, recovering 5041 osETH (about $19 million) and 13,495 osGNO (about $1.7 million).

This corresponds to 73.5% of the stolen osETH and 100% of the osGNO. The recovered funds will be returned to the victims.

ETH

BAL