Lido says stETH unaffected by reports tied to Binance wallet hack

Lido says stETH unaffected by reports tied to Binance wallet hack

N
News Editor
2026-10-29 23:59:41
Lido said it is aware of reports related to the Binance wallet hack and stated that stETH has not been affected. The protocol said its staking system and withdrawal functions are continuing to operate normally. Lido also said Lido Earn has no direct risk exposure and that all user deposits remain safe. The team added that it is monitoring developments and managing risk accordingly, and may provide more information if needed. The statement was reported by Odaily.

Lido said it is aware of reports related to the Binance wallet hack.

According to the protocol, stETH has not been affected, and Lido’s staking protocol and withdrawal functions are continuing to operate normally. Lido also said Lido Earn has no direct risk exposure, and that all user deposits remain safe.

The team said it is monitoring the situation and managing risk accordingly, and will provide more information if necessary.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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