Gnosis Chain

**GIP-153 proposes a strategic transition** for Gnosis Chain into the Ethereum Economic Zone, fundamentally reshaping its relationship with Ethereum. **The proposed structure:** - Ethereum maintains the censorship-resistant base layer - Gnosis Chain focuses on consumer applications - Atomic access to L1 assets and liquidity without additional trust assumptions - All transactions settle to Ethereum The proposal is currently open for community discussion on the [Gnosis forum](https://forum.gnosis.io/t/gip-153-should-gnosis-chain-transition-into-the-ethereum-economic-zone/12397). This represents a potential pivot from Gnosis Chain's current independent operation toward deeper integration with Ethereum's infrastructure while maintaining its focus on consumer-facing applications.

**Security Alert: Gnosis X Account Breach** The official Gnosis X (formerly Twitter) account has been compromised. The team has issued an urgent warning to the community. **Key Points:** - Main Gnosis X account is currently under unauthorized control - Users are advised not to interact with any posts from the account - The warning remains pinned as the situation develops - No timeline provided for account recovery **What This Means:** Compromised social media accounts are often used to post phishing links, fake token giveaways, or malicious smart contract interactions. Users should: - Ignore all messages from the compromised account - Verify any Gnosis announcements through official alternative channels - Report suspicious activity to the platform The Gnosis team is working to regain control of the account. Further updates are expected once the security issue is resolved.

**Bridge Operations Resume** The Gnosis Chain bridge is now fully operational again. Bridge validators have re-enabled the bridging function after a temporary closure. **Background** The bridge was disabled on June 1st as a precautionary measure while validators addressed an issue with Gnosis Pay. The shutdown was implemented to protect user funds during the resolution process. **Current Status** - Bridge validators have completed their review - Bridging functionality from Gnosis Chain is now active - Users can resume normal cross-chain transactions The temporary closure demonstrates the validators' commitment to security-first operations when potential issues arise.

Six Latin American currency-backed stablecoins are now available on Gnosis Chain: - $wARS (Argentine Peso) - $wBRL (Brazilian Real) - $wMXN (Mexican Peso) - $wCOP (Colombian Peso) - $wCLP (Chilean Peso) - $wPEN (Peruvian Sol) This expansion builds on Gnosis Chain's position in the region, where it processes 85% of all local stablecoin transactions in Latin America. In January 2026, the network handled over 490,000 transactions with nearly $100 million in volume, showing 300% market cap growth in two months. These wrapped currencies enable on-chain financial services for Latin American users.

**ERC-7715 is now live on Gnosis Chain**, integrated with MetaMask, enabling a new model for delegated transactions. **Key capabilities:** - AI agents and automated systems can request **scoped permissions** to transact on behalf of users - Permissions include **specific actions and spending limits** enforced directly on-chain - No blanket access—only predefined guardrails you control **Practical use cases on Gnosis Chain's payments infrastructure:** - Automated dollar-cost averaging (DCA) - Streaming payments - AI agents with controlled spending authority This builds on Gnosis Chain's earlier support for **ERC-8004**, which established onchain identity and reputation for AI agents without centralized intermediaries.

**Fusaka Hardfork Goes Live** Gnosis Chain has successfully activated the Fusaka hardfork on its mainnet at epoch 1714688 (April 14, 2026, 12:06 UTC). **Key Points:** - The upgrade was completed smoothly thanks to validators and node operators who updated their systems promptly - The hardfork represents a significant network upgrade for the EVM-compatible chain - Node operators were given advance notice starting in late March to prepare for the transition The successful activation demonstrates the network's operational resilience and the effectiveness of its decentralized validator community in coordinating major upgrades.

**Gnosis Chain node operators have until December 22, 16:00 CET** to implement a hard fork that could restore funds to victims of the Balancer exploit. The update releases are now available for download and execution. This hard fork represents a potential solution for recovering assets lost in the recent Balancer security incident. **Key details:** - Deadline: December 22, 16:00 CET - Purpose: Enable fund recovery for exploit victims - Action required: Node operators must update their systems The Balancer team previously attempted to contact the exploiter through on-chain messages, offering a path for voluntary fund return. This hard fork approach suggests the community is moving forward with a technical solution. Node operators can find additional information and participate in discussions through the official forum.

Gnosis Chain is positioning itself as a comprehensive stablecoin infrastructure, offering **instant utility** across multiple platforms. **Key integrations include:** - Treasury management through Safe - Trading via CowSwap exchanges - Wallet functionality with GnosisPay - Upcoming banking services through Gnosis app The network has maintained **zero downtime** for 7 years and currently serves users in over 30 countries. This multi-platform approach aims to provide real-world utility for digital assets. Gnosis Chain's "Fork Banks. Bank On Gnosis" campaign emphasizes their focus on creating practical financial infrastructure rather than speculative trading platforms.

Switzerland remains Europe's only country using the franc currency. The **Swiss franc (CHF)** now has a digital version called **$ZCHF** available on Gnosis Chain. Users can: - Save and spend digital Swiss francs - Earn yield on their holdings - Access DeFi services directly The integration allows **zero-fee** conversion between CHF and ZCHF, plus global spending through Gnosis Pay Visa cards while earning DeFi yields.

**Gnosis Chain is positioning itself as the primary blockchain for local currency stablecoins** beyond USD-denominated tokens. The platform aims to become the settlement layer where all foreign exchange transactions occur. Key services include: - **Liquidity provision** for various local currency pairs - **Use case development** to expand stablecoin utility - **Distribution support** for broader adoption Gnosis emphasizes that monetary systems extend beyond the US dollar, targeting a more diverse stablecoin ecosystem. The initiative appears focused on creating infrastructure for regional currencies rather than competing solely in the USD stablecoin market. The team is actively seeking partnerships and collaborations to build this multi-currency stablecoin infrastructure.