Lido DAO Launches Vote After Chorus One Oracle Compromise

The world of decentralized finance (DeFi) is constantly evolving, but recent events have highlighted the importance of security in this space. The Lido Finance ecosystem recently faced a critical incident involving an oracle provider, prompting the governing body, the Lido DAO, to act swiftly. An emergency vote was initiated following a compromised Chorus One oracle address, which led to a loss of Ethereum. An analysis reveals that the incident solely impacted a specific address and did not affect the broader Lido system or user funds.