Web3 Platform Galxe Suffered A $160k Frontend Attack

The website of web3 platform Galxe was compromised in a DNS hijacking attack, redirecting users to a phishing site aiming to steal funds. Galxe is a web3 platform that allows protocols to reward users for participating in various on-chain and social activities, using digital credential data and NFTs.

Following the incident, the team notified users not to access the site as hackers used a DNS vulnerability to gain control of Galxe's official website link, redirecting customers to a phishing site linked to a malicious contract designed to steal user funds.

The website is now fully recovered, and the team is working to recover the stolen funds with “legal enforcement and third party experts.”

Over $160,000 in users’ crypto assets were sent to the attacker’s wallet address. The same address was involved in a similar DNS attack on Balancer in September, according to crypto investigator ZachXBT.

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