mETH Resumes cmETH Withdrawals After Security Incident

The mETH Protocol, a liquidity staking and re-staking platform, has announced the resumption of cmETH withdrawals following a recent security incident. In a statement, the protocol reassured users that their funds remain unaffected and have received full support. A detailed post-incident analysis report is expected to be released soon, providing a comprehensive summary of the incident and the actions taken.

Earlier, the mETH Protocol had announced the temporary suspension of cmETH withdrawals after discovering a security incident involving certain mETH and cmETH transactions on the Bybit exchange. However, deposits and staking services continued to operate as usual during this period.