Lido DAO initiates emergency vote to swap compromised oracle

The Lido Decentralized Autonomous Organization (DAO), the entity that governs the Lido liquid staking protocol, has initiated an emergency vote to rotate a compromised oracle — a bridge that connects real-world data to blockchain systems. According to members of the Lido DAO, an address belonging to the Chorus One oracle was compromised, and the Ether (ETH) balance associated with that oracle was drained in an incident still being investigated. 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 source: https://cointelegraph.com/news/lido-dao-initiates-vote-swap-compromised-oracle?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound