Jul 11, 02:39 PM

Compound Finance and Celer Network Websites Compromised in DNS Attack; ZachXBT Issues Warning

The website of Compound Finance, a major DeFi protocol, has been compromised and is redirecting users to a phishing site. Users are advised not to interact with the site until further notice. The Compound protocol itself remains unaffected, and all smart contract funds are safe. The security breach, confirmed by security consultant Michael Lewellen and blockchain sleuth ZachXBT on July 11, is part of a larger DNS attack that has also impacted other crypto projects, including Celer Network. The attack appears to be linked to vulnerabilities in the domain registrar Squarespace, which recently acquired Google Domains. Security experts have issued warnings to avoid interacting with affected domains and to enable two-factor authentication (2FA).

#Compound Finance #DeFi #Compound #Michael Lewellen #ZachXBT #DNS #Celer Network #Squarespace #Google Domains

Written with ChatGPT (GPT-4o).