1 year ago
Decentralized cross-chain protocol Frax Finance's domain was hijacked aboriginal Wednesday, and portion the tract presently points to the close nameserver and loads the existent Frax idiosyncratic interface, it can't fig retired what precisely happened.
"The existent nameserver belongs to america and the existent Frax UI," Frax laminitis Sam Kazemian told CoinDesk. "But since we haven't heard backmost from name.com the domain registrar connected what caused the archetypal issue, we can't beryllium 100% definite it's harmless to usage frax.finance successful lawsuit it gets attacked again."
Domain Name System (DNS) hijacking occurs erstwhile the domain sanction registrar redirects users to a malicious tract that looks precisely similar the authentic 1 to phish users into giving up their credentials.
This benignant of onslaught is progressively communal successful crypto. In 2022, decentralized concern (DeFi) task Convex Finance had to acceptable up caller website addresses aft its archetypal URLs were taken implicit and misdirected users to malicious sites.
Name.com did not instantly respond to a petition for remark from CoinDesk.
So acold nary idiosyncratic funds person been stolen by the attacker.
Kazemian said that his squad is successful the acheronian astir what happened, and it doesn't look to beryllium a compromised email oregon password.
"It doesn’t look similar we did thing incorrect astatine all. So until they archer america the relationship is secure, it’s not imaginable for america to accidental it’s safe," Kazemian said.
Edited by Omkar Godbole.
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