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Lido assures LDO stETH tokens remain safe despite flaw in token contract
Published: 2023-09-11
1. Flaw in LDO Token Contract: The article discusses a flaw found in the LDO token contract of Lido,a decentralized finance (DeFi) project. Despite the flaw,Lido assures its users that their LDO tokens are safe. The flaw was discovered during an audit of Lido's token contract,and although it has the potential to allow an attacker to exploit the contract,Lido has taken immediate steps to mitigate any risks. The project has halted LDO token transfers,initiated an upgrade to the LDO token contract,and implemented security measures to protect user funds. Lido has also clarified that this flaw does not affect user's deposited assets in Staked Lido or stETH.
2. Assurance of LDO Token Safety: Lido emphasizes that the security of their users' LDO tokens is of utmost importance. The project has conducted an internal analysis to assess the potential impact of the flaw and has found no evidence of any unauthorized access or manipulation of user funds. As an additional precaution,Lido has announced a bug bounty program to encourage external researchers to identify and report any security vulnerabilities,further ensuring the safety of the LDO token and its holders.
3. Transparency and Communication: Lido aims to maintain a high level of transparency and has been actively communicating with its community about the issue. The project has provided detailed information about the flaw,the steps taken to address it,and the impact on users. Lido acknowledges the importance of community feedback and input,and encourages its users to actively participate in discussions and provide any insights or concerns they may have. The project's commitment to transparency and open communication is reassurance for LDO token holders that their interests are being prioritized and safeguarded. In summary,the article highlights a flaw in the LDO token contract of Lido and the subsequent actions taken by the project to ensure the safety of users' LDO tokens. Lido assures its users that their tokens are secure,despite the flaw,and has implemented security measures and initiated an upgrade to the token contract. The project also emphasizes transparency and communication,actively engaging with the community and providing regular updates on the situation.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
63,315.03 | 2,086,743,537.48 |
| 2 | ARS |
1,093.00 | 2,071,261,674.10 |
| 3 | ETH |
3,081.00 | 1,046,419,477.84 |
| 4 | SOL |
152.37 | 658,280,246.72 |
| 5 | PEPE |
<0.01 | 439,902,056.75 |
| 6 | DOGE |
0.16 | 339,867,357.15 |
| 7 | XRP |
0.56 | 259,220,557.89 |
| 8 | WIF |
3.36 | 254,790,357.45 |
| 9 | WLD |
6.04 | 207,436,573.65 |
| 10 | ENA |
0.86 | 192,737,049.33 |
| 11 | BOME |
0.01 | 184,197,162.10 |
| 12 | RNDR |
9.69 | 126,348,071.07 |
| 13 | NEAR |
7.23 | 124,231,270.82 |
| 14 | BONK |
<0.01 | 105,804,949.16 |
| 15 | AVAX |
37.30 | 104,789,779.94 |
| 16 | RUNE |
5.36 | 87,275,774.28 |
| 17 | ETHFI |
3.96 | 83,154,282.18 |
| 18 | FLOKI |
<0.01 | 83,013,955.59 |
| 19 | SUI |
1.10 | 75,676,336.24 |
| 20 | ARKM |
2.56 | 75,009,008.77 |
| 21 | ORDI |
38.72 | 65,585,738.18 |
| 22 | USTC |
0.02 | 64,188,585.33 |
| 23 | AR |
39.91 | 61,289,712.02 |
| 24 | HBAR |
0.11 | 58,692,540.64 |
| 25 | MATIC |
0.72 | 54,683,851.09 |
| 26 | FIL |
6.15 | 50,415,417.04 |
| 27 | LTC |
81.71 | 47,514,573.67 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | USTC |
0.02 | +10.33 |
| 2 | BOME |
0.01 | +6.69 |
| 3 |  CTXC |
0.38 | +5.76 |
| 4 | XRP |
0.56 | +5.55 |
| 5 |  RLC |
2.99 | +5.29 |
| 6 |  JTO |
3.59 | +5.19 |
| 7 | ENA |
0.86 | +4.63 |
| 8 | WLD |
6.04 | +3.64 |
| 9 | SOL |
152.37 | +3.23 |
| 10 | WIF |
3.36 | +2.76 |
| 11 |  BCH |
481.60 | +2.60 |
| 12 |  BEL |
0.85 | +2.57 |
| 13 |  YGG |
0.89 | +2.46 |
| 14 |  POWR |
0.31 | +2.09 |
| 15 |  NKN |
0.13 | +1.87 |
| 16 | HBAR |
0.11 | +1.80 |
| 17 |  INJ |
25.00 | +1.63 |
| 18 |  ACM |
2.35 | +1.51 |
| 19 |  XLM |
0.11 | +1.44 |
| 20 |  LUNA |
0.61 | +1.43 |
| 21 |  ERN |
4.39 | +1.41 |
| 22 |  ATOM |
9.39 | +1.38 |
| 23 |  EOS |
0.84 | +1.26 |
| 24 |  LSK |
1.94 | +1.15 |
| 25 |  CHZ |
0.12 | +1.08 |
| 26 |  LINK |
14.69 | +1.06 |
| 27 |  PYR |
4.62 | +0.92 |
| 28 | RUNE |
5.36 | +0.81 |
| 29 |  MOVR |
14.02 | +0.81 |
| 30 | PEPE |
<0.01 | +0.71 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  RSR |
<0.01 | -9.60 |
| 2 | REZ | 0.17 | -8.15 |
| 3 |  TNSR |
0.86 | -8.04 |
| 4 |  CVX |
2.46 | -7.71 |
| 5 |  SAGA |
3.23 | -6.86 |
| 6 |  KDA |
0.87 | -6.55 |
| 7 | BONK |
<0.01 | -6.46 |
| 8 |  TAO |
443.20 | -6.38 |
| 9 |  UTK |
0.08 | -6.33 |
| 10 |  ACH |
0.03 | -6.03 |
| 11 |  STG |
0.49 | -5.89 |
| 12 |  JUV |
2.48 | -5.89 |
| 13 |  ENS |
15.05 | -5.76 |
| 14 |  PORTAL |
0.82 | -5.70 |
| 15 |  PIXEL |
0.42 | -5.70 |
| 16 |  ATA |
0.18 | -5.66 |
| 17 |  DYM |
3.25 | -5.66 |
| 18 |  IOTX |
0.05 | -5.49 |
| 19 |  AGLD |
1.02 | -5.45 |
| 20 |  AEVO |
1.37 | -5.45 |
| 21 |  ANKR |
0.05 | -5.43 |
| 22 |  PYTH |
0.54 | -5.43 |
| 23 |  GLM |
0.59 | -5.31 |
| 24 |  KMD |
0.38 | -5.20 |
| 25 |  SEI |
0.54 | -5.14 |
| 26 | W | 0.65 | -5.14 |
| 27 |  EPX |
<0.01 | -5.13 |
| 28 |  BLUR |
0.40 | -5.08 |
| 29 |  STX |
2.22 | -5.05 |
| 30 |  ADX |
0.21 | -5.03 |
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