According to BlockBeats, Bobby Ong, the co-founder and Chief Operating Officer of Coingecko, announced on July 11th that a DNS attack is currently underway. This attack is affecting users of the Squarespace domain, and Ong has advised users to refrain from interacting with cryptocurrencies until the issue is resolved.

A few months prior, Google sold its domain business to Squarespace, which led to a forced migration of domains to Squarespace. This transition also involved the removal of 2FA authentication, resulting in vulnerabilities across all these domains. Some of these domains have reportedly been hijacked. It is known that @0xngmi has compiled a list of crypto projects on Squarespace that could potentially be vulnerable.

Users are urged to exercise caution and avoid any cryptocurrency transactions until the issue has been fully addressed. The situation is being closely monitored and further updates will be provided as more information becomes available.