ME News reports that on August 17 (UTC+8), Bifrost announced on Twitter that the asset recovery registration for the Hyperbridge incident is now open. Users affected by the incident who hold vETH or MANTA can directly register their Ethereum receiving addresses via the Bifrost dApp. After registration, asset recovery and reissuance on Ethereum will be handled through an on-chain governance process, with the final distribution timeline dependent on the progress of governance. (Source: Foresight News)
Bifrost Opens Registration for Hyperbridge Event Asset Recovery
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Summary
Bifrost has opened registration for asset recovery in the Hyperbridge event, according to digital asset news. Users holding vETH or MANTA can now submit Ethereum addresses via the Bifrost dApp. Recovery and reissuance will be carried out through on-chain governance, with final distribution dependent on the governance timeline. This initiative enables affected users to reclaim their assets directly on Ethereum. On-chain updates highlight the transparency and decentralized execution of the process.
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