According to Odaily Planet Daily, DeFi asset management protocol Velvet Capital was forced to temporarily shut down its website due to a large-scale phishing attack. On April 23, users discovered abnormal activity on Velvet Capital's trading platform. Velvet Capital subsequently issued a cybersecurity alert, advising investors to reject all wallet connection requests from the application until further notice. Investors who may have approved fraudulent requests need to revoke wallet access to the protocol to avoid loss of funds. Velvet Capital founder Vasily Nikonov announced the closure of the website on Telegram and said he was working with the technical team and security researchers to regain control of the website from hackers. Blockchain investigation companies Blockaid and Scam Sniffer have confirmed that the website was hacked.
