wsteth

According to The Block, Aave experienced a temporary oracle failure on March 10, resulting in the improper liquidation of approximately $26 million in wstETH positions.A post-mortem analysis report released by Chaos Labs, a major risk management service provider for Aave, indicated that the issue stemmed from a configuration error in the price oracle for the relevant assets (CAPO). Due to an inconsistency between the snapshot ratio and the snapshot timestamp, the oracle reported an exchange rate cap of approximately 1.1939, significantly lower than the actual market exchange rate of about 1.228, leading to erroneous liquidations of E-Mode positions.The incident affected around 34 accounts, with a total of approximately 10,938 wstETH being liquidated. Chaos Labs stated that a compensation plan is underway, which will utilize 141.5 ETH recovered from the event and up to 345 ETH from the DAO treasury to compensate affected users. The report emphasized that this incident was not a design flaw of CAPO or the off-chain risk oracle, but rather a parameter misalignment caused by on-chain configuration inconsistencies.

Lido officially stated that there is a potential vulnerability in the ZKsync wstETH bridging endpoint contract. There are currently no signs that this vulnerability has been exploited, and wstETH holders on ZKsync are not affected. Other bridging contracts are not impacted.As a precaution, Lido has paused new deposits to the ZKsync bridging contract, while withdrawals from zkSync and token transfers are unaffected. Lido has prepared a fix that will be audited and deployed during the next scheduled on-chain Lido governance comprehensive vote (late March/early April), after which the deposit functionality will be restored. Further updates will be released as necessary.

According to an update from on-chain analyst @ai_9684xtpa, a whale that "built a position of 42,452.79 ETH in a single day" has added another 11,355.06 wstETH. The address 0x81D...74246 has bought wstETH on-chain in the past hour at an average price of $3,932.8 and simultaneously unwrapped it into stETH, spending $44.66 million; over the past 24 hours, a total of 66,107.49 stETH has been accumulated, with a total value of $212 million.Currently, there are still 15.93 million USDT held on-chain, which may indicate further accumulation.

According to PeckShield monitoring, after ETH fell below $2900, a certain whale's wstETH position was liquidated, worth approximately $6.52 million.

According to official news, the liquid staking protocol Lido announced the integration of Chainlink's cross-chain interoperability standard, where the Chainlink Cross-Chain Interoperability Protocol (CCIP) will serve as the official cross-chain infrastructure for wrapping staked Ethereum wstETH.In the coming months, wstETH will be gradually deployed in phases across all 16 chains, with the execution process involving multiple steps.

According to PeckShield's monitoring, as the ETH price fell below $3200, a whale address (0xa740...b5b6) had its long position on wstETH in Aave liquidated. The position borrowed USDT/USDC by staking wstETH, and a total of $23.44 million worth of wstETH was liquidated across multiple transactions.

ChainCatcher news, according to Lookonchain monitoring, Cork Protocol was hacked and 3762 wstETH was stolen. Currently, the hacker has exchanged 3762 wstETH for 4530 ETH.

ChainCatcher news, according to the Cork Protocol announcement, at 11:23 UTC today, a security incident occurred in the wstETH:weETH market on the platform. Currently, to prevent further risks, Cork has suspended all other market trading, and no other markets are affected at this time. The team is actively investigating the cause of the incident and will continue to provide updates on the progress.

ChainCatcher news, Lido announced that wstETH is now available on the Ethereum Layer 2 blockchain Lisk. Lisk is an EVM-compatible Layer 2 Rollup built using Optimism's OP Stack, originally a Layer 1 blockchain, which later transformed into an Ethereum Layer 2 solution in collaboration with Gelato, becoming a Rollup-as-a-Service provider.

ChainCatcher news, according to official sources, Lido has announced that stETH and wstETH have now landed on Unichain. Unichain, developed by Uniswap Labs, is a DeFi-native Ethereum Layer 2 blockchain, and users can now bridge stETH or wstETH to Unichain.It is reported that the related deployment was implemented using the Lido protocol Multichain Automaton.

ChainCatcher message, the Uniswap Foundation proposed in the Lido community to deploy stETH and wstETH (wrapped staked ETH) to Unichain, allowing the network expansion committee to recognize the stETH/wstETH cross-chain endpoints on Unichain as standard.

ChainCatcher news, Lido announced that stETH and wstETH are now live on Soneium, an Ethereum L2 blockchain developed by Sony Block Solutions Labs, which helps creators, fans, and communities protect their rights and achieve global connectivity.

ChainCatcher news, the staking protocol Lido announced on platform X that Lido v3.2 Liquid eModes has expanded to Base and Arbitrum. Users can now use LRT as collateral to borrow wstETH, thereby opening up DeFi use cases with reduced gas costs.

ChainCatcher message, according to Scam Sniffer monitoring, a user lost $2.45 million in wstETH due to signing a phishing "permit" signature.

ChainCatcher message, according to monitoring by Spot on Chain, a certain whale address spent 420 wstETH (approximately 2 million USD) to buy 1.47 million FTM 2 hours ago.

ChainCatcher message, Renzo announced on platform X that the ezETH Lido AAVE proposal has been initiated, and the voting will last for 5 days. According to the proposal, Renzo will have 2 liquid e-modes, with a supply cap of 15,000 ezETH, allowing users to:Provide ezETH as collateral to Lido and borrow wstETH;Provide ezETH as collateral to Sky and borrow USDS.

ChainCatcher news, according to the official announcement from Lido, as part of the introduction of adjustable supply stETH to Optimism, deposits of wstETH from Ethereum to Optimism will be suspended starting today until the upgrade is completed (expected around October 14).Lido contributors are working to bring adjustable supply stETH to Optimism, providing users with direct daily staking rewards.

ChainCatcher message, according to the Snapshot governance page, the Aave community has initiated a proposal to "add wstETH to Aave v3 on BNB Chain" ARFC voting, which will end on October 5th.

ChainCatcher news, Lido's wstETH is now live on the DeFi-focused L2 network Mode Network, and users can now transfer wstETH to Mode Network via Superbridge.It is reported that Mode is built on the Optimism Superchain, aiming to support and expand innovative on-chain financial applications.

ChainCatcher message, according to on-chain data analyst @ai_9684xtpa's monitoring, a whale address starting with 0x1dF has sold 5,178 wstETH and stETH in the past 4 hours to avoid liquidation, worth 12.84 million dollars, with an average selling price of 2,481 dollars.Currently, the address still holds 24,651 stETH as collateral, has borrowed 30.91 million USDT, and has a health factor of 1.44. Liquidation will be triggered when ETH drops to 1,823 dollars.