Galxe Website Compromised Due to DNS Hijack Attack
The official website of Galxe, a web3 credentials and rewards platform, was recently compromised in a DNS hijack attack. The Galxe team confirmed the incident and advised users not to use the site. During the attack, hackers exploited the DNS to gain control of Galxe’s website link and redirected users to a phishing site that aimed to steal their funds.
According to Galxe, the compromise targeted their account with the domain name registrar, Dynadot. The team is actively resolving the issue and urged users to refrain from visiting the site until it is resolved.
User Funds Lost in the Attack
Unfortunately, some users have suffered financial losses as a result of this incident. Crypto sleuth ZachXBT noted that an address linked to the hacker has received funds from Galxe users. This address has accumulated over $140,000 in user funds. Interestingly, this same address was associated with a similar DNS hijack attack on the Balancer exchange in September.
About Galxe
Galxe is a web3 platform that enables developers to utilize digital credential data and NFTs to reward users for participating in various crypto activities. Users can earn custom reward programs by attending community events, engaging in governance tasks, or completing incentivized testnet activities.
Hot Take: Protecting Your Crypto Assets
This incident serves as a reminder of the importance of taking precautions to protect your crypto assets. When using online platforms, be cautious and verify the legitimacy of websites before entering personal information or making transactions. It’s crucial to stay informed about potential security threats and follow best practices for securing your digital assets.
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