Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Cryptoknowmics 2022-06-24 14:58:42

Convex Finance Sets Up New Website Addresses After Website Hijack

Convex Finance, a decentralized staking platform, set up new internet addresses (URLs) after an attack involving the prior address led users to a fraudulent website. The developers stated in a tweet that we had fixed the issue and an investigation is still on. Popular protocol Convex enables customers to profit from the stablecoin swap service Curve Finance. The Domain Name Service (DNS) converts user-typed website names into the standard numeric address coding used on the internet. By intercepting that procedure, it is possible to reroute people to other websites with potentially malicious purposes. Investigation is still ongoing, but a quick update for the community:– DNS for https://t.co/5rSUjMgY4u was hijacked, prompting users to approve malicious contracts for some interactions on the site.– Funds on verified contracts are unaffected. — Convex Finance (@ConvexFinance) June 23, 2022 Five Vulnerable Wallets Alexintosh.eth raised a potential exploit concern last night on Twitter, alleging that approvals for contracts were impersonating wallet addresses and tricking users into approving the wrong wallet operations. Convex then prompted users to “review approvals” as developers looked into a “possible front end issue” shortly after. Convex identified five wallets as being vulnerable to the susceptibility. According to developers, funds on confirmed contracts on Convex were unaffected. Token approvals or rights users give to de...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.