Lido Burns $3.7 Million $LIDO from Stolen Wallet of DeFiance Capital Founder and Remints it into New Wallet

Staking protocol Lido Finance passed a community proposal to burn the 3.7 million $LIDO tokens from DeFiance Capital founder Arthur's stolen wallet and mint them into a new wallet controlled by the fund. It is reported that another hot wallet containing approximately $3.9 million $LIDO was also stolen from DeFiance Capital founder Arthur's previous asset theft incident. 200,000 of these (approximately $720,000) have been stolen, and another 3.7 million staked $LIDOs (approximately $13.3 million) are being unlocked and transferred out in a linear fashion.
Source

Security Incidents

Staking

DeFi

Event

In This Article

Related News
Daily Market Wrap | Feb. 17 Daily Market Wrap | Feb. 17
Daily Market Wrap | Jan. 27 Daily Market Wrap | Jan. 27
Daily Market Wrap | Jan. 13 Daily Market Wrap | Jan. 13
Daily Market Wrap | Jan. 04 Daily Market Wrap | Jan. 04
Daily Market Wrap | Dec. 18 Daily Market Wrap | Dec. 18
Latest News More More
15 Hours Ago Daily Market Wrap | Feb. 20
1 Day Ago Daily Market Wrap | Feb. 19
2 Days Ago Daily Market Wrap | Feb. 18
4 Days Ago Daily Market Wrap | Feb. 16
6 Days Ago Daily Market Wrap | Feb. 14
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open