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Lido confirms no user funds lost after oracle key breach  

AMBCrypto LogoAMBCrypto16h ago

Lido confirms no user funds lost after oracle key breach   - AMBCrypto

Quick Summary:

Although the Lido oracle incident sparked market caution over LDO token, it held on $1 at the time of writing.

However, on the 11th of May, Lido stated in an X (formerly Twitter) post that stakers were not affected.“Stakers are not affected.

For context, oracles provide external data to blockchains, including price feeds, validator status, balances, and staking rewards.


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Article Details

Author / Journalist: Benjamin Njiri

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 09:45:29 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 475 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 28604286

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 18 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The story "Lido confirms no user funds lost after oracle key breach  " was covered 16 hours ago by AMBCrypto, a news publisher based in United States.

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