The leading decentralized finance (defi) protocol and popular Altcoins Curve Finance (CRV), Curve said in a statement[.]Fi announced that the name is the target of a DNS attack based on identity hunting. The team activated social media channels to warn users without wasting time, and the traffic rapidly Curve[.]Finance directed to the address. Popular wallet providers such as Phantom showed a red warning message on the screen by putting fake domain automatic blocked. While the protocol infrastructure and user funds are not affected, the problem remained only in the DNS layer.
Details of the DNS attack
The attack took place in the form of directing users to a malicious IP address by infiltrating the routing records of the domain name. This method brought to mind a similar attack on Curve Finance in 2022. Hackers at that time, running the wallet unloading code in a short time by running thousands of dollars crypto currency He stole and caused great panic in the community.
This time, the protocol team quickly informed about possible losses and shared the statement “Funds safe, only DNS layer was affected” in the first minutes.
Following the attack, the team contacted the domain name registration organization and launched a full -comprehensive investigation to reveal the root cause of the attack and to restore the directions. In addition, the official X account, which was seized some time ago, was reminded of the community to be respected to the “only verified channels”.
Security companies and sector stakeholders were also included in the process. Some Blockchain analysts evaluated “fast coordination thanks to the rapid coordination of the protocol in -chain protocol”.
Critical Security Controls for Users
Security experts remind Curve Finance users the basic steps such as cleaning the browser cache, examining wallet permits, and keeping them in the cold wallet if possible. In addition, hand -controlling URL control while accessing defi protocols is shown as the first line of defense against identity hunting sites. Some developers argue that open -source “Decentralized DNS” solutions can eliminate similar events in the long run.
According to the fashion show data, Curve Finance, which has a total locked value (TVL) of more than $ 2.3 billion in 22 networks, does not come out of the radar of hackers in size. Experts, “As the TVL increases, the surface of the attack expands, the protocols have to stay on 7/24 alert,” commented.
The recent increase in similar DNS attacks Crypto Money Market He forces his participants to embrace their basic cyber measures more tightly.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
