Lido DAO initiates emergency vote to swap compromised oracle

Description

Lido DAO launched an emergency vote to replace a compromised Chorus One oracle address, as investigations into the May 2025 incident continue and broader protocol security remains unaffected.

Authors

Vince Quill

Publish date

May 12, 2025

Publisher

Cointelegraph

Web URL

https://cointelegraph.com/news/lido-dao-initiates-vote-swap-compromised-oracle

Referenced by

Emergency DAO vote secures Lido after oracle incident

Crypto news

News story

Chorus One added that the exploit was likely attributable to a hot wallet private key leak, but is also setting up a new machine to ensure security moving forward.

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Lido Finance emphasized that the issue is restricted to the Chorus One oracle and is not system-wide. The team also said the problem was not due to a coding problem in any particular blockchain oracle or software.

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