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Chaos Labs Says Oracle Network Withstood Suspected State-Level Hack Attempt

According to Chaos Labs founder and CEO Omer Goldberg, the company activated emergency security measures after a possible nation-state cyberattack, while its oracle infrastructure remained isolated and secure.

Summary

Chaos Labs said its oracle network remained secure after what founder and CEO Omer Goldberg described as a possible nation-state cyberattack over the weekend. The company said the incident triggered emergency security measures, while the oracle infrastructure stayed isolated and uncompromised. Earlier details from Chaos Labs said the incident was limited to operational wallets used for routine onchain activity, after which the company rotated all keys and reported no further suspicious activity.

Terms & Concepts
  • Oracle network: A system that delivers external data to blockchains so smart contracts can use real-world information.
  • Operational wallets: Cryptocurrency wallets used for routine onchain transactions and day-to-day operational activity rather than long-term storage.
  • Key rotation: A security measure that replaces cryptographic keys after a potential compromise to reduce the risk of continued unauthorized access.