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🚀 South Korean Ruling Party Appoints New Emergency Committee Chair

According to Odaily, on the 24th local time, South Korean ruling party lawmaker Kwon Young-se has been appointed as the chairman of the Emergency Response Committee. This appointment fills the vacancy left by Han Dong-hoon and aims to guide the ruling party forward.

#SouthKorea #RulingParty #EmergencyCommittee #KwonYoungse #PoliticalAppointment
🚀 Lido Addresses Security Vulnerability in Dual Governance System

According to PANews, Lido has disclosed a security vulnerability affecting its Dual Governance (DG) system's RageQuit mechanism. The issue was reported through the Immunefi platform, but user funds remain unaffected. Although the vulnerability has not been exploited, Lido has implemented several mitigation measures. The initial 'training wheels' phase of the Dual Governance system and the readiness of the emergency committee to intervene if necessary have equipped Lido contributors to eliminate any potential abuse risks.

Future steps include the emergency committee being on standby for intervention, proposing, testing, and reviewing fixes, conducting a bug bounty program on the Dual Governance testnet, and holding on-chain votes to deploy the fixes. Comprehensive implementation of the corrective measures is underway.


#Lido #Security #Vulnerability #DualGovernance #RageQuit #Immunefi #Mitigation #UserFunds #EmergencyCommittee #BugBounty #OnChainVotes #Fixes #CryptoSecurity #LDO