Lido Finance Initiates Emergency Vote After Chorus One Oracle Node Leak, 1.4 ETH Stolen From Hot Wallet

Lido Finance has announced a suspected private key leak involving an oracle node operated by Chorus One. In response, the Lido DAO will initiate an emergency vote to replace the affected oracle node. Despite the exposure, the protocol remains secure and stakers are unaffected.

The incident involved hackers gaining access to one of the addresses of the Lido oracle multisig, but only draining a relatively small amount, 1.4 ETH, raising questions about the hackers' intentions given the protocol's $23 billion total value locked. Lido's oracle system operates with a 5-of-9 multisig setup, and the leak was detected after a developer received a low balance alert. The situation is under investigation, and the DAO is taking immediate steps to mitigate any potential risks.

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Disclaimer: This article was updated to more accurately reflect that the exploit affected a single hot wallet, as well as to correct the description of the protocol's multisig setup.