Balancer Frontend Hit By DNS Attack, Over $250K Stolen - News Summed Up

Balancer Frontend Hit By DNS Attack, Over $250K Stolen


The front-end websites of popular decentralized exchange (DEX) Balancer were hit by a Domain Name System (DNS) attack on September 19. The Balancer team first alerted users about interacting with the balancer UI yesterday at 7:49 pm EST. The hacker’s address has received multiple stolen assets from networks including Ethereum, Arbitrum, Optimism, Polygon, Base, and Avalanche. Protecting from DNS attacksWhile DNS attacks are uncommon within crypto circles, they’ve occurred before with Curve Finance in August 2022 and PancakeSwap in May 2021. BlockSec analysts told Decrypt that the DNS attack is “one attack surface, which can trick users.


Source: The Nation September 20, 2023 12:05 UTC



Loading...
Loading...
  

Loading...