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Sunday, July 7, 2024
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HomeFinanceBalancer blames ‘social engineering assault’ on DNS supplier for web site hijack
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Balancer blames ‘social engineering assault’ on DNS supplier for web site hijack

The crew behind Balancer, an Ethereum-based automated market maker, believes a social engineering assault on its DNS service supplier was what led to its web site’s entrance finish being compromised on Sept. 19, resulting in an estimated $238,000 in crypto stolen.

“After investigation, it’s clear that this was a social engineering assault on EuroDNS, the area registrar used for .fi TLDs,” the agency defined in a Sept. 20 X publish.

Angel Drainer concerned

Balancer’s web site as of Sept. 20 at 10:22 pm UTC. Supply: Balancer.

Proceed Studying on Coin Telegraph

See also  Latin American Crypto Markets Favor Stablecoins Over Bitcoin, Kaiko Analysis Reveals
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