Altcoin Project Suffered a Cyber ​​Attack, the Team Made a Statement: What's the Price?

Decentralized finance (DeFi) project Compound (COMP) was cyber-attacked.

Compound's official website was cyber-attacked. Compound DAO security advisor Michael Lewellen confirmed in a statement on the matter that their official site is currently serving a phishing scam.

Warning users not to enter the official site, Lewellen emphasized that the protocol and all funds are safe:

WARNING: The URL http://compound.finance has been compromised and currently hosts a phishing site. DO NOT interact with the http://compound.finance website until further notice. The compound protocol itself is not affected and all smart contract funds are safe.

Has the price been affected?

With the confirmation of the cyber attack, there was no significant decrease in the price of COMP. COMP, which fell by 1.4% due to the news flow, fell from $ 47.96 to $ 47.16.

According to CoinGecko data, COMP is trading at $47.36 at the time of writing.