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DeFi platform warns users after security breach
CoinDesk·
Decentralized finance platform CoW Swap has temporarily halted services following a DNS hijacking attack that redirected users to a malicious site. While the protocol's core systems remain uncompromised, the incident highlights persistent front-end security vulnerabilities in DeFi. Attackers exploited the domain name system to impersonate the legitimate website, aiming to steal user funds or data. CoW Swap is actively working to resolve the issue and has advised users to avoid interacting with its interface until further notice, emphasizing the ongoing risks associated with web-based access to decentralized applications.
Tags
fintech
security
crypto
Original Source
CoinDesk — coindesk.com