Dear Beldians,
Following our previous announcement regarding Hardfork 21, we would like to share an update on the current status of the network and the ongoing reconciliation efforts with our ecosystem partners.
Over the past couple of days, our team has been working closely with validators, exchanges, wallet providers, and ecosystem partners to restore normal operations and ensure that users are not adversely affected by the network state rollback.
Network Status
We are pleased to report that the Beldex network is now operating normally, with all core network functions fully restored.
- The canonical chain (current main branch of the network) is supported by a large majority of validators.
- 2,497 active masternodes are currently running the latest network version Obscura v7.0.2.
- Block production and block times have returned to normal.
- Wallet-to-wallet transactions are functioning seamlessly.
- The network is stable, secure, and operating as expected.
Reconciliation Progress
Our highest priority remains ensuring that users are not financially impacted by this incident.
To ensure this, we are actively working with exchanges, swap providers, and ecosystem partners to reconcile all affected transactions. We have also committed to responsibly compensating our partners for verified losses arising from the incident so that users are not asked to bear those costs.
In parallel, we are coordinating with partners to ensure users whose transactions were affected by the network state rollback to block 5518799 are appropriately credited wherever reconciliation is required.
Exchange deposits and withdrawals are being restored progressively, and we expect services across our partners to return to normal as their reconciliation processes are completed.
What should users do?
If you deposited BDX to an exchange
No action is required.
If your deposit was made after block 5518799 (approx. 8:45 AM UTC, June 26, 2026), your wallet balance has already returned to the last valid blockchain state.
Simply put, if you made a deposit to an exchange after the specified time, your deposit would be reverted back to your custodial or non-custodial wallet as a result of the state rollback.
If you made BDX withdrawal from an exchange
If you withdrew BDX from an exchange after block height 5518799 (approx. 8:45 AM UTC, June 26, 2026), the blockchain now reflects the last valid network state prior to that withdrawal. As a result, the withdrawn BDX balance is reflected back in the exchange's wallet on the canonical chain.
We have communicated the same to our exchange partners, and they have agreed to verify these balances and credit the corresponding users. If you are affected, please follow your exchange's instructions or contact their support team if required.
If you purchased BDX on a swap platform
Please contact the respective platform for reconciliation.
Since the network state was restored to the last valid block, the corresponding BDX balance is now reflected with the swap platform. We are already working closely with our swap partners to ensure affected users are credited appropriately.
If you made a wallet-to-wallet transfer
Wallet-to-wallet transfers made after block 5518799 are also reflected according to the restored blockchain state.
If you participated in one or more peer-to-peer BDX transfers after the specified block, that transfer will no longer appear on the current canonical version of the blockchain.
Instead, the network now reflects the state before that transfer happened. The balance is restored to the wallet that held the funds at 8:45 AM UTC on June 26, 2026.
For example, if BDX was transferred from Wallet A → Wallet B → Wallet C during the affected period, the balance is reflected back in Wallet A, as subsequent transfers no longer exist on the canonical chain. In such cases, users should coordinate with the wallet from which the funds originally originated to reconcile any outstanding balances.
As Beldex is a privacy-first blockchain, the team is unable to view or verify individual wallet balances or peer-to-peer transactions. However, we remain available to explain how the network state restoration affects these transactions. We will also provide a Wallet RPC endpoint and a legacy blockchain explorer to help users verify balances and transactions on the pre-hardfork chain. This will help users with balance verification on the legacy branch of the chain and subsequent peer-to-peer reconciliation.
Looking Ahead
We sincerely thank our exchange partners, infrastructure providers, community validators, and ecosystem partners for their swift cooperation throughout this process.
Most importantly, thank you to our community for your patience, understanding, and continued trust.
We remain committed to transparency, the security of the Beldex network, and ensuring every affected user and partner is supported through the reconciliation process.
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