MetaMask unstakes $1.4B of ETH after validator rewards stolen

What happened

Crypto wallet MetaMask has warned of a security incident affecting its staking operations, stressing that wallets face “no immediate threat.” The post MetaMask unstakes $1.4B of ETH after validator rewards stolen appeared first on Protos .

Crypto wallet giant MetaMask has “proactively” initiated the exit of 17,000 affected Ethereum validators, representing a total of over 523,000 staked ETH ($1.4 billion), following a security incident. It stressed that its wallets faced “no immediate threat,” and that the issue was confined to its “non-custodial staking operations.”

The firm has so far provided no further details, but the worrying news prompted others to investigate the scope of the breach. The suspicious address has made no transactions and holds 0.46 ETH, including its funding of 0.1 ETH from crypto mixer Tornado Cash.