Ethena warns users after domain hack and front-end exploit
On September 18, Ethena Labs issued a warning to users after its website suffered a front-end attack caused by a compromised domain registrar account.
Ethena Labs urged users to avoid interacting with any site or application claiming to be associated with Ethena (CRYPTO:ENA) until the issue is resolved.
The website has been deactivated to prevent further exploitation.
Ethena Labs reassured customers that the Ethena protocol itself was not impacted by the attack and confirmed that all customer funds remain secure.
Security firm Blockaid also advised users who were connected to the site during the attack to disconnect their wallets immediately and avoid signing any transactions.
MetaMask issued a related warning, alerting users to fake MetaMask sites exploiting the Ethena hack.
These fraudulent sites aim to steal users' seed phrases and passwords.
MetaMask has flagged the Ethena website as deceptive, urging users not to engage with it until further notice.
This incident adds to a growing list of crypto-related security breaches in 2024.
According to a recent report by Immunfi, the total value of losses due to crypto hacks has surpassed $1.2 billion as of August 2024, marking a 15.5% increase from the same period in 2023.
In one of the more recent attacks, decentralised finance platform Delta Prime suffered a $6 million hack linked to a private key exploit.
Onchain investigator ZackXBT has speculated that the Delta Prime hack may be connected to North Korean cybercriminals.
At press time, the Ethena (ENA) price was $0.2512.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Evaluating Probability of Ethereum Breaching the $4K Milestone Soon
Ethereum's Potential Bull Run Versus Existing Downward Forces: The Battle for the $4K Mark
What Stage of the Bitcoin Bull are We in? Are We Nearing The End Or Are We Just Getting Started?
Which stage of the bull run are we in in Bitcoin, the world's largest cryptocurrency? Are we nearing the end of the bull run? Here is the analyst forecast.
IOTA Rebased Testnet Onboards Trusted Validators Securing Billions in Assets
NEAR Protocol Supports Web3 AI With New $20M Development Fund