The Lido Decentralized Autonomous Organization (DAO), the entity that governs the Lido liquid staking protocol, has initiated an emergency vote to rotate a compromised oracle — a bridge that connects real-world data to blockchain systems.
data-ct-non-breakable=”null” href=”https://research.lido.fi/t/emergency-rotation-of-compromised-chorus-one-oracle/10037/1″ rel=”null” target=”null” text=”null” title=”null”>According to members of the Lido DAO, an address belonging to the Chorus One oracle was compromised, and the Ether ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ethereum-price” rel=”null” target=”null” text=”null” title=”null”>ETH) balance associated with that oracle was drained in an incident still being investigated.
Lido Finance data-ct-non-breakable=”null” href=”https://x.com/LidoFinance/status/1921534362232787004″ rel=”null” target=”null” text=”null” title=”null”>emphasized that the issue is restricted to the Chorus One oracle and is not system-wide. The…
