EIGENLAYER

DESCRIPTION OF EVENTS

"EigenLayer is a protocol built on Ethereum that introduces restaking, a new primitive in cryptoeconomic security. This primitive enables the reuse of ETH on the consensus layer. Users that stake ETH natively or with a liquid staking token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST and extend cryptoeconomic security to additional applications on the network to earn additional rewards."

"We're happy to announce that eligible participants for Season 2 have been reallocated EIGEN tokens! Now that we are transitioning into Programmatic incentives, the remaining EIGEN supply for Season 2 has been redistributed. Get started."

"ALERT Our system has just detected that someone lost around 804K worth of $mETH signing a malicious phishing contract!

Victim 0x84b....42E43 has approved malicious contract around 14 min ago! We advise to revoke all your approvals for phisher contract! Funds are currently sitting at phisher's address!"

"The official X account of Eigenlayer, the Ethereum re-staking protocol, is suspected to have been hacked. The hacker has posted a fake phishing link; please do not interact with it."

"This morning, at roughly 5:40am ET, the @eigenlayer twitter account was compromised, malicious tweets were posted containing phishing links, and we were locked out of the account.

Within 20 minutes, we were actively investigating and containing the situation with the help of security consultants @_SEAL_Org & @BrainchainLLC. By 11:00am ET, X Support locked down the account. We are now in the process of recovering full access.

After an in-depth investigation of our internal tools, devices, and activity logs, we have found no evidence of suspicious activity or breach across any of our systems or users. The robust security measures on our X account—including passkey 2FA, delegated access controls, and additional layers of protection—also show no evidence of being compromised.

Security and the trust of our community are our top priorities, and we are continuing to investigate all potential root causes of this incident, including X potentially being directly compromised via social engineering/phishing. In addition, we are exploring all options for pursuing the attacker, including working with onchain forensics teams and law enforcement.

Once we regain access to @eigenlayer, we will alert the community with an update. In the meantime, all EigenLayer official communications will come from this account @eigen_labs."

EigenLayer is another restaking platform, which offers Ethereum holders the ability to earn more staking rewards on their already staked Ethereum. On October 18th, 2024 their X account promised that a new round of token allocation would happen, in line with their "programmatic incentives" program. In reality, their account was taken over by hackers and anyone who approved the malicious smart contract would have their wallet drained. It has been reported that over $1m was lost, including one user who lost $804k.

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