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Blockaid flags CoW Swap site as malicious amid front end attack

Crypto Briefing
Blockaid flagged CoW Swap's website as malicious due to a front-end attack, urging users to revoke approvals.

Summary

Security firm Blockaid has identified a front-end attack targeting CoW Swap, a prominent decentralized finance (DeFi) trading interface. The site cow.fi has been flagged as malicious, and users who have connected their wallets are strongly advised to revoke any token approvals and cease all interactions with the application immediately. CoW Swap itself has acknowledged an issue with its front end and has urged users to refrain from using the platform while they investigate. CoW Swap is built on the CoW Protocol, which utilizes batch auctions and competing solvers to execute trades across various liquidity sources, offering MEV protection on multiple blockchain networks.

(Source:Crypto Briefing)