On the morning of May 14, many projects in the cryptocurrency market were constantly attacked with vulnerabilities mainly revolving around domain name and UI issues. The newest name on this list is SpiritSwap – the top AMM on the Fantom (FTM) ecosystem.

On its Twitter page, SpiritSwap explained the recent incident related to vulnerabilities from GoDaddy.

Also, according to SpiritSwap, this is not a problem related to the code of the smart contract. Instead, these are purely UI issues.

This DEX exchange also warns users not to interact with spiritswap.finance for the time being before the latest updates from the project are available.

This is not the initial incident involving the product or service interface in the cryptocurrency sector. QuickSwap – AMM on the Polygon (MATIC) ecosystem also has a similar problem when the domain name of this project has also been stolen.

Also, on Saturday morning, in turn, Coingecko, DexTool, and even Etherscan were attacked by phishing attacks, tricking users into connecting wallets to strange contracts, thereby profiting from withdrawing money from hackers.

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.

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Harold

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AMM

CoinGecko

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MATIC

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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.

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Scam Alert

SpiritSwap’s domain identity was stolen and the supply code transformed

On the morning of May 14, many projects in the cryptocurrency market were constantly attacked with vulnerabilities mainly revolving around domain name and UI issues. The newest name on this list is SpiritSwap – the top AMM on the Fantom (FTM) ecosystem.

On its Twitter page, SpiritSwap explained the recent incident related to vulnerabilities from GoDaddy.

1/
Update:

Initially we thought the issue may have been with AWS, however after further diagnosis, we have identified that the hacker has managed to exploit Godaddy, essentially they have hijacked our domain and copied our codebase and in the process changed the swap parameters

— SpiritSwap (@Spirit_Swap) May 13, 2022

Also, according to SpiritSwap, this is not a problem related to the code of the smart contract. Instead, these are purely UI issues.

This DEX exchange also warns users not to interact with spiritswap.finance for the time being before the latest updates from the project are available.

UPDATE

Our current game plan is as follows.

1. Wait for Godaddy to take current domain down
2. Redeploy site on new domain (if we can not regain control of original domain)
3. Reenable router swaps
4. Conduct post analysis and update the game plan after we have full details

— SpiritSwap (@Spirit_Swap) May 13, 2022

This is not the initial incident involving the product or service interface in the cryptocurrency sector. QuickSwap – AMM on the Polygon (MATIC) ecosystem also has a similar problem when the domain name of this project has also been stolen.

⚠️DO NOT SWAP⚠️

Similar to other protocols hosted on @GoDaddy, QuickSwap has been domain hijacked

Funds in LPs, the Dragon's Lair, Syrup Pools, & YOUR wallets are safe

Only swaps have been affected. Please DO NOT SWAP

We are working to resolve the problem & will update ASAP

— QuickSwap ⚖️ Up to 50x Leverage (@QuickswapDEX) May 14, 2022

Also, on Saturday morning, in turn, Coingecko, DexTool, and even Etherscan were attacked by phishing attacks, tricking users into connecting wallets to strange contracts, thereby profiting from withdrawing money from hackers.

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.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

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