News

Pendle Domain Hijacking Be Warned, User Funds Are Safe

Key Points:

Pendle domain hijacking causes the website to go down; however, user funds are safe, and the protocol is unaffected.
Previously, Celer Network warned users of a potential DNS attack, ensuring systems and funds are secure.
Compound Finance, Curve, and Balancer have faced similar domain hijacking issues, with compromised domains linked to Squarespace.

Pendle Finance has announced the temporary shutdown of its website due to the Pendle domain hijacking incident.

Pendle Domain Hijacking Causes Website to Temporarily Shuts Down

Because of the effects of Pendle domain hijacking, users are advised not to access the application until further notice, although the protocol itself remains intact and user funds are secure. The team is working diligently to restore the website and has implemented protective measures to secure the Pendle domain.

Users can still access Pendle safely by ensuring the address bar displays “app.pendle.finance” and has not been redirected. If issues persist, users should clear their browser cache and restart their devices.

Multiple Crypto Platforms Face Domain Hijacking Threats

In a related incident, Celer Network, a cross-chain interoperability protocol, issued a warning on platform X, advising users to avoid Celer.network and cbridge.Celer.network due to a potential DNS domain attack.

Celer assures that their systems and funds are secure and are actively working to resolve the issue. The attack is reminiscent of a similar incident Celer faced in 2022, highlighting ongoing vulnerabilities in the sector. Other projects, including Curve and Balancer, have experienced similar attacks in recent years.

Additionally, Compound Finance reported signs of hijacking on its website, compound.finance, prompting a temporary advisory against visiting the site. Data from who.is indicates that these compromised domains are registered via the domain registrar Squarespace, suggesting a potential link in the vulnerabilities.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.