Kiln, a provider of staking services for institutions, said it started an “orderly exit" of all its Ethereum (ETH) validators, framing the move as a safeguard for clients following SwissBorg’s SOL earn wallet being exploited for $41.5 million.

The decision underscores how staking providers are increasingly prioritizing resilience and client protection over uninterrupted uptime.

In a Tuesday blog post, Kiln described the exits as a precautionary step and said the decision was made in consultation with stakeholders and security firms. The company added it has temporarily paused access to some services while "hardening its infrastructure."

The company emphasized that there was no indication of additional losses and that stakers’ ETH remains protected. Kiln noted that its non-custodial fram

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