COIN joins the S&P 500.
Lido DAO holds emergency vote.
Curve Finance front-end attack.
Coinbase is set to join the S&P 500, becoming the first cryptocurrency company to be included in the index. It will replace Discover Financial, which is being acquired by Capital One. The change takes effect before the market opens on Monday, May 19. Following the announcement, COIN soared nearly 8%, currently trading at $207. CEO Brian Armstrong highlighted that the inclusion will bring COIN into millions of 401(k) retirement portfolios. He also expressed a long-term goal of securing a place in the S&P 50 within the next five to ten years.
Over the weekend, the Lido DAO initiated an emergency governance vote to replace a compromised Chorus One address within the Lido on Ethereum Oracle set. The move comes as an attacher was able to access a hot wallet operated by Chorus One, likely due to a leaked private key, resulting in the theft of 1.46 ETH. Chorus One says the incident was isolated to a single wallet. Further checks found no signs of compromise in other oracles or Lido software and no customer funds or validator infrastructure were impacted. The broader oracle system remained secure as to Lido uses a 5-of-9 quorum design for oracle operations.
Curve Finance suffered a DNS attack targeting the front end of its official website, curve.fi. The attacker hijacked the site’s nameservers, redirecting the domain to a malicious site containing a wallet-draining contract. Users who interacted with Curve during the hijack are strongly urged to revoke approvals for the compromised contract. Curve confirmed that its smart contracts remain secure and unaffected. Users can access Curve through DeFi Saver as an alternative interface. The Curve team is also considering migrating away from the .fi top-level domain, which was previously targeted in a similar DNS hijack in 2022.
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