#metamaskexitslidovalidatorsaftersecurityincident 🚨 METAMASK JUST CAUSED A ETH STAKING EXIT! ⚠️

Ethereum staking just had a security problem. But your MetaMask wallet is not the main issue right now.

MetaMask is removing validators from Lido after a security problem with the infrastructure. The company says there is no danger to MetaMask wallets and its staking service is not controlled by anyone

🔴 Around 17,000 validators that hold 523,000 ETH are said to be involved although MetaMask has not confirmed those numbers.

⏳ The last validator exits are expected on October 7 while getting the funds back and joining again could take up to 45 days.

💰 During this time the validators might miss out on staking rewards. Could have penalties because of being offline.

🛡️ Lido says people who hold stETH do not need to do anything.

The bigger question for people who trade: Could staking activity affect the supply of ETH the rewards from staking
or how people feel about the market?

👀 Is this a chance to buy ETH or a sign that something is wrong, with ETH? #ETH #Lido #crypto #Khan62

*$ETH · · $LDO · $AAVE