- Security breach on May 10, isolated quickly.
- 1.46 ETH was unauthorizedly transferred.
- Market remained stable, limited financial impact.
Chorus One faced a security breach on May 10, 2025, involving an oracle wallet used in Lido DAO, resulting in the transfer of 1.46 ETH.
Chorus One experienced a cybersecurity breach impacting a hot wallet associated with the Lido DAO’s oracle system. This event led to an unauthorized transfer of 1.46 ETH, a situation both parties addressed promptly.
Chorus One and Lido DAO took immediate action to contain the breach, involving the transfer of the compromised wallet and reinforcing their security protocols. A DAO vote initiated the removal of the affected wallet.
Despite the breach, Lido DAO’s protocol remained secure, and ETH value remained stable. This underscores the market’s confidence in the protocol’s resilience against isolated incidents.
The incident has minimal financial impact, with the unauthorized transfer of only 1.46 ETH. The quick containment limited any further economic consequences for users.
The breach highlights the importance of robust multi-signature mechanisms like Lido DAO’s 9-choose-5 system, ensuring continuous and reliable protocol function.
“The oracle system uses a 9-choose-5 multi-signature mechanism. A single oracle failure will not threaten the system.” – Lido DAO, Official Statement
