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Lido DAO initiates emergency vote to swap compromised oracle

Coin Telegraph LogoCoin Telegraph1d ago

Lido DAO initiates emergency vote to swap compromised oracle - Coin Telegraph

Quick Summary:

Cybersecurity firm Hacken released a report outlining the damage done by hacks, scams, and cybersecurity exploits in Q1 2025 and found that over $2 billion in crypto was lost due to malicious activity.

Hacken CEO Dyma Budorin told Cointelegraph at Token2049 that the crypto industry needs to adopt more robust cybersecurity and code auditing measures to stem the tide of hacks and exploits plaguing the asset sector.

Related: Mobius Token smart contracts on BNB Chain exploited, $2.1M drainedCybersecurity remains a critical issue for crypto and DeFiHacks, cybersecurity exploits, and other malicious attack vectors remain a major problem for crypto.

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Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-11 @ 18:06:19 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Coin Telegraph

News ID: 28574660

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 25 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "Lido DAO initiates emergency vote to swap compromised oracle" has 439 words across 18 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Lido DAO initiates emergency vote to swap compromised oracle" was covered 1 days ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 25 news stories per day.

It's most recent story was published 7 hours ago.

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  • News ID: #28574660
  • URL: https://wl.beamstart.com/news/lido-dao-initiates-emergency-vote-17469834653795

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