Metamask Pulls Validators as Meager ETH Theft Sounds Big Alarm
Metamask began pulling Ethereum validators after a security incident apparently diverted less than $1,000 in block tips, while outside researchers estimate roughly 17,000 validators holding about 523,000 ETH were sent toward the exits. Metamask says wallets and customer funds show no signs of being affected. The expensive part could instead be downtime, missed rewards, and […]
Key Takeaways
- Metamask began pulling Ethereum validators after a security incident apparently diverted less than $1,000 in block tips, while outside researchers estimate roughly 17,000 validators holding about 523,000 ETH were sent toward the exits.
- Metamask says wallets and customer funds show no signs of being affected.
- The expensive part could instead be downtime, missed rewards, and […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
SEC Admits Regulation Has Lagged Bitcoin, Proposes New Custody Rules
Securities and Exchange Commission (SEC) Chairman Paul Atkins admitted today that federal securities rules have failed to keep pace with Bitcoin’s rapid growth since its launch in 2008. The agency responded with a new proposal designed to modernize how…
New York, Wyoming Crypto Deal Targets 6-Month Licensing Fast Track
New York and Wyoming are linking their separate crypto regulatory systems through a newly announced agreement. The arrangement connects New York’s virtual currency licensing framework with Wyoming’s digital asset oversight while retaining each jurisdiction’s…
Wall Street arrived in NEAR just as a $4 billion-a-month app got hacked
NEAR’s new US ETF is facing its first stress test days after launch as a $3.8 million ecosystem exploit hit the token. NEAR fell about 10% to $4.86 after NEAR Intents disclosed a security incident involving its Omni deposit-and-withdrawal infrastructure. The…