MetaMask Exits Lido Validators Amid Infrastructure ‘Security Incident’
The wallet says it has found no immediate threat to user wallets, but the ETH it is pulling out of Lido could take 45 days to return.
MetaMask has announced it is exiting affected staking validators in Lido's protocol as it investigates a security incident affecting its infrastructure. The company stated it found no immediate threat to its wallets, but Lido warned the precautionary exits could result in lost rewards and downtime penalties. MetaMask said it is working with external partners and security advisors to address the internal threat, without disclosing the nature of the issue.
Lido reported that MetaMask Staking had initiated the validator exits on Wednesday, with the final affected validators expected to exit by the end of October 7. The exit process could lead to foregone rewards and potential downtime penalties, with Lido estimating the return of exited ETH to the protocol could take up to 45 days due to an extended entry queue.
Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
