Kiln orderly exits all ETH verification nodes due to SwissBorg-related events
Source: PANews
Time: 2025-09-10 10:00:35
According to PANews on September 10, Kiln, staking infrastructure, announced that it has initiated the exit of all Ethereum validators, which is expected to take 10-42 days, and then withdrawals will take up to 9 days; rewards will still be issued during the exit period, and Dashboard, Widget and API will be suspended to strengthen the infrastructure. According to Cyrus Fazel, SwissBorg was not hacked, with $41 million related to the external DeFi wallet held by its SOL staking partner Kiln.