Solflare says staking provider security incident halted its validator's rewards
- —The issue involved private keys held by the staking provider, not user wallets
- —Delegated SOL stays in stake accounts controlled by each user
- —Solflare is preparing an app update to migrate stake to a new validator
- —The size and formula of the compensation have not been disclosed
Why it matters: The incident highlights key-management risks at staking providers for SOL delegators' yield, even though their principal is protected.
Source: Crypto Briefing
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