The Berachain Foundation has temporarily halted its network following a security exploit linked to the Balancer V2 protocol, affecting the Berachain Exchange (BEX). This preventive measure ensures the recovery of affected funds before restoring normal operations. 🐻⛓. In an update shared on X (formerly Twitter), the foundation explained the halt was intentional and aimed at recovering all impacted funds, with a full restoration expected shortly. The team assured users that the network will resume as soon as vulnerabilities are addressed by the emergency hard fork. The Berachain validators have coordinated to halt the network due to the Balancer V2 exploit on BEX. This proactive approach is designed to prevent further damage and ensure the integrity of the ecosystem. 🐝. The incident highlights the interconnectedness of DeFi ecosystems, particularly as vulnerabilities in one platform can impact others reliant on its liquidity infrastructure.