DeFi Projects Cream Finance and PancakeSwap Suffer DNS Hijack Attack
iHodl.com
Main page News, Crypto Market, Hacker Attack, DeFi
Hot topic
15 March
102 102

Decentralized finance (DeFi) projects built on Binance Smart Chain, Cream Finance and PancakeSwap, have suffered a DNS hijack attack, Binance CEO Changpeng Zhao has warned on Twitter. While many details of the attack remain unknown, bad actors are already trying to scam visitors of the websites by requesting users to input the seed phrase.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

The projects developers reminded on their Twitter accounts they would never ask users to provide the seed phrase and asked users to avoid the websites for now.

The developers also emphasize that users' funds remain safe as the bad actors have not gained control over the smart contracts. PancakeSwap later announced the team regained access to the DNS. However, some users might still be affected, depending on their DNS resolution as some propagation time may be needed, the developers note.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

Read also:
Please describe the error
Close