Berally Hacked: Liquidity Pool Tokens Drained
According to a post from the Berachain-based project, Berally, a hacker breached its defenses and drained vesting tokens from the liquidity pool.
Incident Overview
The exact amount of tokens stolen was not disclosed, but the post included instructions for users affected by the hack.
> “It looks like we’ve been hacked. A leak from our deployer key resulted in all vesting tokens being dumped and drained from the liquidity pool.”
>
> — Berally 🐻⛓️ (@Berally_io) March 15, 2025
The dApp contracts remain safe, and users were advised to revoke access to both the dApp and Staking features while the team investigates the incident. Berally promised updates as they continue their investigation.
Users were warned against interacting with the Berally token in the meantime, leading to a wave of user comments expressing disappointment and questioning how the private keys were compromised. In response, Berally admitted fault, labeling it as a “skill issue.”
Another commenter suggested that Berally acknowledge the loss of $90k, while others indicated suspicions of the exploit being an inside job.
Berachain’s Standing After the Hack
Berachain, which launched its mainnet on February 6, 2025, employs the Proof of Liquidity (PoL) consensus mechanism. Its native token, BERA, saw an all-time high of $14.99 at launch but quickly fell to around $4.74 due to market fluctuations and profit-taking behaviors amongst airdrop recipients.
Smokey, Berachain’s co-founder, has openly discussed the state of the blockchain, recognizing room for improvement amid criticisms regarding tokenomics and sell pressure. He expressed gratitude toward his team and acknowledged the challenges ahead in creating value for investors.
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