On July 11, multiple decentralized finance (DeFi) apps fell victim to a domain registry attack, as reported by blockchain security platform Blockaid. The attacker seized control of the DNS registry for Compound Finance and attempted, unsuccessfully, to do the same with Celer Network. The attacker targeted domain names hosted by Squarespace, putting any DeFi app with a Squarespace domain at risk. Security experts noticed the attack when the Compound interface redirected to a malicious site that aimed to steal users' tokens. Celer Network also faced an attack but managed to intercept it in time. Blockaid warned of potential hijacking of DeFi front ends, with several incidents already occurring. MetaMask is alerting users about compromised apps. This incident adds to a series of attacks on the Web3 industry, highlighting the importance of cybersecurity in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news