MetaMask has announced it is responding to a security incident affecting part of its infrastructure and is exiting affected staking validators as a precaution
In an update on Wednesday, MetaMask said it was addressing the ongoing threat internally and was working with external partners and security advisors. It did not share what the security issue was but said it has not identified any immediate threat to MetaMask wallets
Source: MetaMaskMetaMask manages over $3 billion of staked Ether (ETH) through its infrastructure, according to its website, making it a major gateway for users wanting to stake their Ethereum
MetaMask said the precautionary measures involve validators within its non-custodial staking operations
Lido details validator exits and potential penaltiesLido separately said MetaMask Staking had begun taking “precautionary steps to protect client assets related to its operated Ethereum validators,” including exiting its Ethereum validators in the Lido protocol on Wednesday
MetaMask Staking is a staking service offered through MetaMask Portfolio in three ways — pooled staking, validator staking and liquid staking through Lido and Rocket Pool
“ETH exited from MetaMask Staking-operated validators is expected to return to the protocol gradually as the relevant validators complete the exit, withdrawal, and re-entry cycle, which is estimated to take approximately up to 45 days due to the extended entry queue,” said Lido Finance developer Will Shannon
Magazine: Could THORChain face prosecution over stolen Bitget funds? Legal opinion
All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy
