Crypto Sites Compound and Celer Network Compromised in Recent Attacks ?
Recently, Ethereum-based DeFi protocol Compound and multi-chain interoperability protocol Celer Network experienced compromised websites that redirected visitors to a page draining funds from connected wallets. This security breach has raised concerns in the crypto community. Here’s what you need to know:
Compound Protocol Breach
- Decentralized finance protocol Compound allows users to borrow and lend crypto assets.
- ZachXBT initially reported the potential attack via his Telegram channel.
- Compound’s website was compromised and visitors were redirected to a page draining connected wallets.
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Response from Compound
- Compound confirmed the attack and warned users not to visit the website.
Impact of the Breach
- The extent of the security breach and its impacts remain unknown.
- There is speculation that only the front-end website was affected, while the smart contract funds are secure.
Celer Network Domain Attack
- Celer Network faced a DNS domain attack, similar to Compound’s situation.
- The project claims it’s part of a larger attack affecting multiple projects.
Industry Concerns
- There are suspicions regarding the registrar, Squarespace, being a potential vulnerability in these attacks.
- Other crypto projects like Polymarket, dYdX, and Karak Network, also hosted on Squarespace, need to be vigilant.
Hot Take: Stay Alert in the Crypto Space! ?
As a crypto enthusiast, it’s crucial to remain vigilant about security threats in the industry. Keep yourself informed about potential vulnerabilities and take necessary precautions to safeguard your assets and data.
