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[Berachain Foundation Responds to Balancer Exploit Impact and Network Suspension Reasons] The Berachain Foundation stated that the suspension of the Berachain network was planned, and the network will resume normal operations shortly. The Balancer exploit primarily affected the Ethena/Honey tri-pool and was caused by complex smart contract transactions. Due to the exploit impacting non-native assets (not limited to BERA), the rollback/roll-forward process is complex and cannot be resolved through a simple hard fork. Until a final solution is determined, the network will remain suspended to complete comprehensive repairs.

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