The post Balancer Hack Update: Ethereum-Linked $8M White-Hat Recovery and $20M Set for StakeWise Users Amid $116M Theft appeared on BitcoinEthereumNews.com. In a November 28 report, Cointelegraph notes that two Balancer community members filed a governance proposal to map a portion of the fund-recovery plan tied to the $116 million exploit that struck the protocol in November. The broader theft incident has seen approximately $28 million recovered to date, via white-hat hackers, internal rescue personnel, and the Ethereum staking platform StakeWise. Importantly, the proposal centers on the $8 million recovered by white-hat hackers and the internal rescue team, while the nearly $20 million recovered by StakeWise is earmarked for separate distribution to its users. Source: https://en.coinotag.com/breakingnews/balancer-hack-update-ethereum-linked-8m-white-hat-recovery-and-20m-set-for-stakewise-users-amid-116m-theftThe post Balancer Hack Update: Ethereum-Linked $8M White-Hat Recovery and $20M Set for StakeWise Users Amid $116M Theft appeared on BitcoinEthereumNews.com. In a November 28 report, Cointelegraph notes that two Balancer community members filed a governance proposal to map a portion of the fund-recovery plan tied to the $116 million exploit that struck the protocol in November. The broader theft incident has seen approximately $28 million recovered to date, via white-hat hackers, internal rescue personnel, and the Ethereum staking platform StakeWise. Importantly, the proposal centers on the $8 million recovered by white-hat hackers and the internal rescue team, while the nearly $20 million recovered by StakeWise is earmarked for separate distribution to its users. Source: https://en.coinotag.com/breakingnews/balancer-hack-update-ethereum-linked-8m-white-hat-recovery-and-20m-set-for-stakewise-users-amid-116m-theft