Balancer DAO's on-chain bounty: Return $100M V2 hack by Sat or lawyers incoming, OSETH/WETH/wstETH audit fails despite 4 firms? DeFi "security" spotlight.
Bitcoin's ultimatum: None, unbreakable. Ultimatum alts; HODL the ultimate.
StakeWise Staked ETH Live Price data
StakeWise Staked ETH osETH Price History USD
Own osETH Now
Buy and sell osETH easily and securely on BitMart.StakeWise Staked ETH X Insight
🚨 ALERT: Balancer says V2 scomposable stable pools were hit across multiple chains due to a rounding logic bug.
5,041 osETH and 13,495 osGNO recovered, final loss figures pending. https://t.co/HZbw9NNCKh
Read more: https://t.co/9GEyBBNggi
⚠️ #StakeWise successfully recovered $19 million worth of #osETH tokens from the #Balancer hack, which caused losses exceeding $128 million. This was a quick and rare recovery operation within #DeFi, reflecting growing community coordination in addressing the fragility of smart protocols. #Crypto #Hack
Just half an hour earlier, StakeWise DAO emergency multisig has executed a series of transactions, recovering ~5,041 osETH (~$19M) and 13,495 osGNO (~$1.7M) tokens from the Balancer exploiter.
On Ethereum mainnet, this represents 73.5% of the ~6,851 osETH stolen earlier today, and is as much as we could recover due to the attacker promptly converting the missing portion of the stolen assets into ETH. Stolen osGNO were recovered in full.
The recovered funds will be returned to the users affected in the Balancer V2 exploit, distributed pro-rata according to their pre-exploit balances.
The full post-mortem of the operation and the next steps will be available shortly.
Thank you to the @Balancer & @gnosischain teams, and personally to @rimeissner and SEALs c0ffeebabe_eth and @pcaversaccio for their prompt advice on the execution of the recovery.
Price Prediction
When is a good time to buy osETH? Should I buy or sell osETH now?
Beacon Prediction
Probabilistic Price Forecast (Next 24 Hours)Explore More
BM Discovery
New Listing
