MetaMask’s security response has created a >$2B Ethereum staking bottleneck.
After the company began exiting affected validators, Ethereum’s exit queue peaked at 851K ETH. About 786K ETH remains queued with a ~14-day wait.
MetaMask says wallets and customer funds were not affected. Key risk: the exact 523K ETH attributed to MetaMask is still an external estimate.
$ETH
#Ethereum #Staking #CryptoSecurity
After the company began exiting affected validators, Ethereum’s exit queue peaked at 851K ETH. About 786K ETH remains queued with a ~14-day wait.
MetaMask says wallets and customer funds were not affected. Key risk: the exact 523K ETH attributed to MetaMask is still an external estimate.
$ETH
#Ethereum #Staking #CryptoSecurity