News linked to both this project and an event.
According to CoinDesk, Lido has launched its largest upgrade since V2, planning to integrate more than 8 million staked ETH, valued at approximately $16.5 billion, into the new validator architecture following the Ethereum Pectra upgrade.
Ethereum staking protocol Lido stated on X platform that today's stETH Rebase has been completed as expected, and has compensated for the ETH rewards missed yesterday due to calculation deficiencies. The corresponding annual percentage rate (APR) is approximately 2.29%. Additionally, the protocol's oracle has been updated and passed audit. The new version will improve report processing speed and help locate the cause more quickly when similar issues arise in the future.Regarding the yield calculation anomaly that occurred yesterday, Lido stated that contributors are still conducting a root cause analysis. Further investigation details will be published on the official forum and social platforms. Throughout the entire incident, user funds were never at risk. Preliminary analysis suggests the issue may have stemmed from a specific edge case: the yield report from yesterday omitted a validator that was in a pending deposit status, causing some staking rewards to be excluded from the calculation.Lido stated that a complete post-mortem report will be released in the coming days to further explain the cause of the issue, remediation measures, and subsequent improvement plans.
Lido 表示，开发团队正在排查由协议会计预言机上报、今日 stETH 收益重估产生的异常问题。本次重估显示年化收益率为 2.04%，预期数值为 2.15%。该偏差并非验证者罚没造成，问题起因是一笔处于待确认状态的 32 枚验证者质押 ETH 未被预言机纳入统计。开发人员已反复核对预言机播报当时及之后以太坊共识层上所有 Lido 验证者总余额，未发现任何资产存在风险迹象，用户无需进行任何操作。团队目前正在排查问题根本原因；修复方案上线后，下一轮收益重估会将本次少统计资产一并计入核算。待查明根本诱因后，官方将发布完整情况通报。
Interactive Brokers announced on Tuesday an expansion of its digital asset business, adding trading tokens such as Aave, Aptos, Canton, Lido DAO, Monad, NEAR Protocol, Plasma, Pax Gold, and Uniswap, and supporting 24/7 stablecoin wallet transfers via USDC, PYUSD, and RLUSD. As of mid-2026, Interactive Brokers manages approximately $930.3 billion in client assets. Crypto trading commissions start at 0.12% to 0.18% of the total transaction amount, with a minimum of $1.75 per order, and no additional spreads, markups, or custody fees are charged. The company stated that two-way stablecoin deposits are not available for UK and Irish accounts, and clients of the Irish affiliate company will not have access to the newly listed crypto assets. (Bitcoin.com News).
Crypto bank Anchorage Digital has announced its integration with Lido, the largest liquid staking protocol on Ethereum, offering institutional clients direct access to its derivative asset, wstETH. Institutional users can now mint and redeem wstETH, earning Ethereum staking yields while benefiting from Anchorage’s custody and governance compliance framework. (The Block)
based on the results of the Lido DAO Snapshot vote, Lido has revoked the official endorsement status of wstETH bridge endpoints on nine networks: zkSync Era, Mode, Scroll, Mantle, Swell, Zircuit, Soneium, Polygon PoS, and Lisk.The funds of users holding wstETH on these networks remain safe, and no action is required. This revocation is a governance decision and will not disable any bridges, invalidate tokens, or affect users' ability to bridge wstETH back to Ethereum. Future proactive monitoring, marketing support, and ecosystem development for wstETH on the affected networks will cease. Relevant network information will be updated on Lido's multichain page, documentation, and help center.
According to an official announcement, South Korean crypto exchange Upbit will list the PEAQ, LIT, KMNO, MORPHO, GRAM, LDO, PAXG, OSMO, and AMP tokens on its BTC and USDT markets. Trading for these tokens will begin at 3:00 PM local time on June 19.
Linda Jeng, Chief Legal and Policy Officer at Aave Labs, stated during Consensus Miami 2026 that Aave's previous risk framework overly focused on financial risks and price volatility. Looking ahead, the protocol will incorporate assessments of cross-chain interoperability, cybersecurity vulnerabilities, and underlying asset architecture.This reform directly stems from the rsETH incident that occurred in April. At that time, an attacker exploited a vulnerability in the KelpDAO cross-chain bridge to mint approximately 116,500 unbacked rsETH (valued at around $293 million), deposited it as collateral into Aave, and borrowed real WETH, leading to significant bad debt risks for the protocol.Jeng revealed that Aave will also release a formal "listing standards handbook" for asset issuers in the future, and will begin evaluating the correlation between DeFi protocols from a systemic risk perspective, rather than analyzing individual pools in isolation.Additionally, a "DeFi United" bailout plan involving Lido Finance, EtherFi, Ethena, and others has been launched to cover collateral shortfalls and prevent further proliferation of bad debt. (CoinDesk)
Lido has provided the latest update on the Kelp security incident, stating that the Snapshot vote regarding the EarnETH first-loss protection mechanism falling below the 1% threshold has reached quorum and been approved. User losses from EarnETH will be fully covered by Lido Earn’s first-loss mechanism. The rsETH held by the attacker has been liquidated, and the related stETH has been transferred to the DeFi United rescue plan.Additionally, the EarnETH vault is expected to reopen shortly after the Kelp protocol resumes operation, at which point users will be able to deposit and withdraw funds normally. Lido emphasized that during the freeze period, both the EarnETH and EarnUSD vaults continued to generate yield. Currently, EarnETH users only need to wait for a brief unfreezing process to complete. Once funds are restored, compensation will be provided in accordance with the first-loss protection mechanism.
According to the Lido Governance Forum, Lido Earn contributors have submitted a proposal to the DAO requesting authorization to deploy the existing First Loss Reserve to cover losses arising from the Kelp incident, waiving the original 1% threshold requirement. It is estimated that, assuming the DeFi United rescue plan succeeds, the remaining borrowing-rate losses for Lido Earn’s leveraged staking/re-staking positions will amount to approximately 400–600 ETH. Contributors stated they will collaborate with curators to jointly absorb these losses; however, full coverage by curators alone is currently deemed unrealistic. The proposal stresses that this authorization constitutes a one-time exception specific to the Kelp incident and does not alter the standard 1% threshold rule, does not involve additional treasury allocations, and is not intended to subsidize APY or support post-recovery yields. It further notes that if litigation arises from these losses, associated legal costs alone could reach several hundred thousand dollars. Given that the rsETH situation is expected to be resolved within 5–10 days—and considering the standard snapshot voting window is 7 days—the proposers emphasize the time-sensitive nature of this vote. After resolution, the team plans to publish a comprehensive post-mortem report and advance improvements to risk frameworks and operational mechanisms.
Circle Ventures, Consensys, and Joseph Lubin have announced their support for the DeFi United initiative, aimed at mitigating losses caused by the Kelp DAO vulnerability. Circle Ventures is supporting the ecosystem by purchasing AAVE tokens. Consensys and Ethereum co-founder Joseph Lubin have confirmed the provision of 30,000 ETH to DeFi United. To date, DeFi United has raised over 132,000 ETH, with a total value exceeding $300 million. These funds will be used to cover bad debts resulting from an attacker minting unbacked rsETH via the LayerZero bridge and borrowing assets on Aave. Previously, Aave proposed a donation of 25,000 ETH, while Lido DAO, Ether.fi, and Kelp have respectively proposed or pledged donations of 2,500 ETH, 5,000 ETH, and 2,000 ETH.
KelpDAO announced that, since April 18, it has been coordinating with Aave and ecosystem partners to restore rsETH holdings for rsETH holders. The initial shortfall from this incident was 163,200 ETH. To date, Kelp has recovered 40,300 rsETH—approximately 43,000 ETH—and the Arbitrum Security Council has separately secured 30,700 ETH. The remaining shortfall stands at approximately 89,500 ETH. Kelp stated that, of this remaining shortfall, Mantle, Stani Kulechov, EtherFi, Lido, and Golem have publicly committed to contributing a total of 43,500 ETH, and Kelp is working with these partners to formalize those contributions. Kelp emphasized that rsETH holders are the top priority.
Lido has released an update regarding the Kelp security incident, stating that its Earn-series vaults are working with the management team to address the issue, focusing on two key risk areas: rsETH exposure and tightening liquidity in lending markets. Lido emphasizes that its core staking protocol remains unaffected, and both stETH and wstETH remain secure and stable. Currently, only the EarnETH vault holds approximately 9% of its TVL in rsETH exposure; related deposits and withdrawals have been suspended by the management team pending resolution. Of the ~$70 million in ETH stolen in the earlier attack, roughly $70 million has already been recovered; asset recovery and loss allocation efforts are ongoing. To mitigate liquidity pressure, the management team has reduced leverage and optimized position structures, significantly decreasing wETH debt exposure. Should losses ultimately materialize, EarnETH will activate its $3 million “first-loss protection mechanism,” funded by the DAO. Other vaults remain unaffected: DVV and EarnUSD are operating normally. The GGV sub-vault is currently experiencing negative yields due to a combination of recursive staking strategies and rising borrowing rates, but active adjustments are underway. Users’ previously submitted withdrawal requests will be processed at pre-incident valuations.
Odaily News: The Ethereum Community Hub, supported by the Ethereum Foundation, has announced it will be held in Hong Kong at 1:30 PM on April 21st. ETH HK HUB is Asia's first offline Ethereum community Hub, supported by the Ethereum Foundation and jointly operated by SNZ and ETHTAO, aiming to build a collaborative hub connecting Asia with the global Ethereum ecosystem. The event will cover areas including: ZK, privacy computing, AI × blockchain, stablecoins and payments, on-chain liquidity, and more.Participating institutions and projects include Sharplink, Brevis, Primus, HashKey Chain, Chainlink Labs, Lido Finance, Galaxy Digital, SignalPlus, Morpho, Animoca Brands, EVG, Zand Bank, Pay Protocol, and others. Guests include Vitalik Buterin, Aya Miyaguchi, and more.