Wednesday, March 12, 2025
HomeDeFiDeFi protocols restart business after GoDaddy exploit

DeFi protocols restart business after GoDaddy exploit

Attackers were using a GoDaddy exploit to attack various DeFi protocols, which have just recently been restored to normal operation. In a separate incident, attackers used Coinzilla to launch a malicious advertising script against CoinGecko and Etherscan.

Many cryptocurrency platforms are restarting operations following a cyberattack through a GoDaddy exploit late last week. SpiritSwap, QuickSwap, and Dextools are among the platforms affected.

In order to steal funds, the attacker used a phishing attack. Some sites have reported thefts, but the amounts seem to be comparatively small for most platforms.

Users informed the platforms that there were popups from MetaMask requesting a connection to a malicious site.

A third-party service was used to exploit CoinGecko and Etherscan in a separate incident. The phishing attack, according to CoinGecko, was caused by a malicious advertising script developed by the crypto advertising network Coinzilla. Etherscan further said that the cause was a third-party integration.

In the case of SpiritSwap, the attacker was able to “change the frontend to transfer money to a wallet under their own control.” In this case, the attacker was able to evade $18,000.

Most platforms have announced that they have restored access, but no information about the attackers has been released. Both attacks are bold, affecting a wide range of prominent websites, including CoinGecko and Etherscan. As a result, there would definitely be a strong focus on using other services.

Related Posts:
Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

eleven + 20 =

- Advertisment -

Most Popular