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MetaMask Security Incident Prompts Exit of Affected Ethereum Validators

MetaMask on Thursday said it's responding to what it described as an "ongoing security incident" impacting part of its infrastructure. "We are actively addressing and remediating the issue internally, in coordination with external partners and security advisors," the software cryptocurrency wallet maker said. "At this time, we have identified no immediate threat to MetaMask wallets." MetaMask

MetaMask Security Incident Prompts Exit of Affected Ethereum Validators

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.

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