Mendi Finance

dYdX

<ul><li>DeFi platforms must strengthen domain security amid rising cyber threats from breaches like Squarespace&#39;s.</li><li>MetaMask&#39;s proactive warnings highlight the importance of user vigilance in decentralized finance.</li><li>Ongoing investigations into Squarespace&#39;s breach underscore the need for swift and transparent responses.</li></ul>In a recent <a href="https://cryptotale.org/crypto-crime-chronicles-the-terrifying-rise-of-phantom-hackers/" rel="noopener noreferrer nofollow">cybersecurity</a> incident, a major breach at Squarespace, a popular SaaS provider for many Web3 platforms, has left over 120 crypto projects vulnerable to potential attacks. The breach, initially detected by users, has raised significant concerns within the decentralized finance (DeFi) community.The attack came to light when users of Compound, a prominent DeFi platform,<a href="https://x.com/Ironblocks_/status/1811395585603162454" rel="noopener noreferrer nofollow"> reported </a>being redirected to a malicious website hosting a token-draining application. Similarly, Celer Network thwarted an attempted domain takeover, highlighting the severity of the breach.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcsB81r3Z1yguKQMd9oR6UzQ7iarcgzjuuaoTDNWo1EXmXvZa1P9jcIcu3hza1scdhHUUhMbnIS0tdJVh_J3yhIuNUh9FWIJ0QEcszsL016rXpei26eWIGIcAV2me3RZPxnm6u7Ri10I-zLQdFCMVVcpn0?key&#61;epfAUgYcSB-2IuNaQ8oGSA" />According to investigations by<a href="https://x.com/blockaid_/status/1811423277161832698" rel="noopener noreferrer nofollow"> Blockaid</a>, the attacker appears to be targeting domain names managed through Squarespace, posing a serious risk to any DeFi application utilizing Squarespace&#39;s domain services. This includes platforms like Pendle Finance, DYDX Exchange, and Mendi Finance, which have been specifically flagged for potential vulnerabilities.<a href="https://cryptotale.org/crypto-crisis-squarespace-breach-threatens-120-defi-projects/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Crypto Crisis: Squarespace Breach Threatens 120+ DeFi Projects

CryptoTale

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