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What are the Causes of Slashing in Crypto Staking?

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In the world of crypto staking or blockchain that implements the PoS consensus system, there is a term Slashing that must be understood by every validator or staker. Slashing is a punishment or penalty given by the network automatically if the validator or staker makes various mistakes or violates network rules. So every validator who violates blockchain rules (slashing) will be subject to a fine/penalty by cutting their staking balance either in part or in full, such as Lido Finance which was slashed and lost $30 thousand worth of Ether.
 
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