Celer Network Has DNS Attack, Estimated Damage $240,000
Celer Network has reported a DNS attack of its cBridge UI. After the investigation platform clarified the incident, the damage was estimated at $240,000.
Celer has received a lot of feedback from the community about an ongoing DNS attack on cBridge’s user interface. While investigating, the platform determined the attack took place between August 17 07:45 PM to 10:00 PM UTC caused some users to be redirected to malicious smart contracts that can drain all approved token amount.
After a preliminary investigation, the project team located the smart contracts used by the attackers. When interacting with these contracts, the user is asked to “approve” a transaction that will transfer all the funds in the wallet.
The community also quickly found out the attacker’s wallet address. It is estimated that this wallet has stolen a total of 128 ETH, equivalent to $240,000. All the money goes to the Tornado Cash mixer to remove traces.
The CELR price has dropped about 6.5% in the last 24 hours, trading around the $0.020 mark.
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