Ethena Labs Warns Users After Domain Registrar Hack

On September 18, 2024, Ethena Labs experienced a domain registrar hack, leading to a front-end exploit on its website. In response, the company quickly advised users to avoid the platform and any sites claiming to be Ethena. While the website has been temporarily deactivated, Ethena Labs reassured its users that customer funds remain secure, as the hack only impacted the website interface, not the core protocol.

Security firm Blockaid urged users who connected during the attack to immediately disconnect their wallets and avoid signing any transactions. Additionally, warnings were issued about phishing attempts aimed at stealing sensitive information such as seed phrases and passwords. This incident adds to a growing list of crypto security breaches in 2024, with total losses exceeding $1.2 billion.