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MetaMask security incident forces Ethereum staking exits, no funds at risk

MetaMask security incident forces Ethereum staking exits, no funds at risk

MetaMask has been responding to a security incident affecting part of its infrastructure. As a precaution, it is exiting affected staking validators. The company has found no immediate threat to its wallets.

The precautionary measures involve validators within MetaMask's non-custodial staking operations. According to Lido, MetaMask Staking has begun exiting its Ethereum validators in the Lido protocol. The final affected validators are expected to exit by the end of October 7.

An Ethereum security researcher estimates about 0.36 ETH in rewards was diverted, while validators holding roughly 523,000 ETH have exited as a precaution, according to CoinDesk. Lido warned that the exits could result in lost rewards and downtime penalties. The exited ETH is expected to return to the protocol gradually over approximately 45 days.

Brief written by urgent.news from CoinDesk, Cointelegraph — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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