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Gnosis Chain Announces Hard Fork to Return Balancer Hack Funds

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Gnosis Chain plans a hard fork on December 22 to return $9.4 million in Balancer hack funds. The November exploit drained $128 million, with a prior soft fork freezing some assets. On-chain data shows the move has divided the community, with some praising transparency and others criticizing the breach of immutability. Altcoins to watch may include GNO, which fell 3% to $115. Validator approval is required, and chain history remains unchanged. DeFi experts remain split on the implications for decentralization.
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