While the crypto world is renowned for its technological innovations and staggering financial potential, it also faces significant security threats. The recent #DNS attack on#Galxe highlights just how vulnerable crypto users can be.Details of the DNS Attack:In the attack on Galxe, users were redirected to a fraudulent site. This malicious site, utilizing a nefarious contract, impacted around 1.1k users, causing a total loss of about $270k.Hacker's Wallet Address:The wallet address used by the attacker is: 0x4103babcf6a8e97b4a29fa0b3c94d66afcf6163d. This address is now being monitored by numerous users and security firms post the incident.Timeline of the On-chain Exploit:- Start of the Attack:DNS settings were tampered with, redirecting users to the fake site.- Activation of the Malicious Contract:As users began to transact on the fraudulent site, the malicious contract was triggered.- Realization of the Threat:Users and Galxe officials quickly recognized the issue and intervened.- Counteraction of the Attacker's Moves:Galxe took swift steps to minimize harm to its users.- Refund Process:Galxe compensated the victims, refunding a total of $396K.Enhancing Personal Security:To prevent such attacks, users must adopt various precautions:- Regularly check your DNS settings.- Verify the SSL certificate every time you visit a site.- Avoid clicking on unknown and suspicious links.Security should always be paramount in the crypto world. Galxe's prompt resolution of this incident demonstrates the value companies place on their users. However, incidents like these serve as a reminder that users too must bolster their personal security.