MetaMask exits staking validators as a precaution after security incident

MetaMask said it is responding to a security incident affecting part of its infrastructure and is exiting affected staking validators as a precaution. MetaMask said on Wednesday that it was addressing the ongoing threat internally with external partners and security advisers. MetaMask did not disclose the security issue and said it had found no immediate threat to its wallets. MetaMask said the affected validators are part of its non-custodial staking operations. Lido said MetaMask Staking began exiting its Ethereum validators in the Lido protocol on Wednesday. The final affected validators are expected to exit by the end of October 7. Lido warned that the exits could mean lost rewards and possible downtime penalties. Lido Finance developer Will Shannon said ETH from the exited validators is expected to return gradually to the protocol as validators complete an exit, withdrawal and re-entry cycle. Shannon estimated that cycle could take up to approximately 45 days because of the extended entry queue.