CoinScoopRenzo Responds to MetaMask Security Incident, Emphasizing On-Chain Verifiability
Renzo Finance stated that its Renzo Basis product does not concentrate risk or liquidity in stablecoins or treasuries, and all relevant data is fully verifiable on-chain. The firm noted that ezETH has been backed solely by native ETH since April 2026, and only 214.75 stETH remain in the current withdrawal queue. This follows a security incident affecting some MetaMask infrastructure, which the wallet provider stated does not pose an immediate threat to user wallets.
Summaries are written by AI from the original article. Not investment advice.