Pledge service provider Kiln initiates the orderly exit of all Ethereum validators

ChainCatcher message, staking service provider Kiln has initiated an orderly exit of all Ethereum validators following the SwissBorg-related Solana incident, expected to be completed in 10 to 42 days, with an additional 9 days required for withdrawals, as a precautionary measure to ensure asset safety.

The Kiln team stated that rewards will still be earned during the exit period, and there are currently no signs of other financial losses. Some services are temporarily suspended, and infrastructure is being reinforced. A detailed report will be released afterward.