Chorus One Oracle Breach Triggers DAO Emergency Vote as $2B Crypto Hacks Soar in 2025

May 12, 2025 04:00 pm Cryptocurrency 201

Key Takeaways:

Chorus One’s Lido Oracle hot wallet was breached, resulting in the loss of 1.46 ETH and prompting an emergency Lido DAO vote.

Lido confirms its protocol remains fully operational and secure due to decentralized oracle design with a 5-of-9 quorum.

The incident adds to the rising trend of crypto-related hacks, with 2025 losses already exceeding $2 billion.

A security incident involving the Ethereum staking protocol Lido has raised fresh concerns over oracle vulnerabilities in DeFi. On May 10, Chorus One reported that one of its hot wallets used for Lido Oracle operations was compromised, leading to a swift response from both the operator and the Lido DAO.

On May 10, a hot wallet managed by Chorus One that was used to vote in the Lido Oracle was accessed by an unauthorized entity, le ..

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