DAO Behind CoW Swap Urges Users to Stay off Platform after ‘Hijacking‘
Summary
The decentralized exchange aggregator CoW Swap has urged its users to refrain from visiting its website after its domain was hijacked, leading to a DNS hijacking and a frontend exploit. The DAO behind CoW Swap confirmed the incident via an X post, stating that its backend and APIs have been paused. They are actively working to resolve the situation and will confirm when it is safe to use the platform again. This type of DNS attack is not uncommon in the crypto space, with previous incidents reported by Balancer and Curve Finance. The COW token saw a price drop of over 3% following the news.
(Source:Cointelegraph)