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.
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.
By
By
By