MetaMask unstakes $1.4B of ETH after validator rewards stolen
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. Security Update: We are responding to a security incident affecting part of our infrastructure. At this time, we have identified no immediate threat to MetaMask wallets. As a precaution, we are proactively exiting affected validators within our non-custodial staking operations,… — MetaMask (@MetaMask) September 30, 2026 Read more: Bitget’s eighth birthday ends with a $352M hack Spearbit and Cantina security researcher 0xKaden posted an Analysis of the incident to X, noting that block rewards from 1...