Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
StakeWise DAO successfully recovers approximately $20.7 million worth of stolen crypto assets

StakeWise DAO successfully recovers approximately $20.7 million worth of stolen crypto assets

ChaincatcherChaincatcher2025/11/04 01:44
Show original

According to ChainCatcher, the StakeWise DAO emergency multisig has successfully executed a series of transactions, recovering approximately 5,041 osETH (worth about $19 million) and 13,495 osGNO (worth about $1.7 million) from the Balancer exploit attacker. The recovered osETH accounts for 73.5% of the total stolen amount, while all of the stolen osGNO has been retrieved. The unrecovered portion of osETH was quickly converted to ETH by the attacker.

StakeWise stated that all recovered funds will be returned to affected users in proportion to their balances prior to the exploit, and a detailed post-incident analysis report will be released soon.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!