StakeWise DAO announces recovery of 5,041 osETH and 13,495 osGNO from the Balancer attacker

BlockBeats News, November 4, according to official sources, StakeWise DAO announced that its emergency multi-signature account executed a series of transactions to recover approximately 5,041 osETH (about $19 million) and 13,495 osGNO (about $1.7 million) from the Balancer attacker.

On the Ethereum mainnet, this represents about 73.5% of the 6,851 osETH stolen earlier. Since the Balancer attacker quickly swapped the remaining stolen assets for ETH, this is the maximum amount that could be recovered. All of the stolen osGNO has been recovered.

The recovered funds will be returned to users affected by the Balancer V2 attack and distributed in proportion to their account balances before the attack.