Compound and Celer websites have been compromised via a DNS attack, raising concerns about the security of other protocols and prompting immediate measures to safeguard user funds.

Key Insights:

• Attackers hacked the official websites of Compound Finance and Celer in an attempt to steal user funds.

• The attack redirected users to fake versions of the platforms, draining their wallets.

• The websites may have been compromised due to being hosted on Squarespace.

• Over 100 other protocol websites could also be at risk.

• The attack targeted the websites, not the underlying DeFi protocols.

• Compound and Celer have taken swift action to secure their websites, which are now safe.

#CryptoSecurity #Blockchain #CryptoNews #CyberSecurity #Binance