Jun 24, 2022 Camille A. Hanard

Convex Finance reported a DNS attack

Convex Finance, a yield aggregating protocol built as a Curve staking platform, announced on its official Twitter account that its website DNS was hijacked yesterday “prompting users to approve malicious contracts for some interactions on the site". The team claimed that no users’ funds on verified contracts have been affected.

This post came after a caution published by a Twitter user under the name of Alexintosh who has identified the malicious contract that the website asked to approve.

As of now, the issue has been fixed, but the investigation is ongoing. Convex has also set an alternate domain as a precaution for users, while the team is figuring out further steps. 

Convex has also posted five addresses where malicious transactions have been approved and urged them to reach out to the Convex team as soon as possible.

As per DeFi Teller on-chain data, 203 transactions were confirmed on Convex Finance as of June 23, 2022.

Author:

Camille A. Hanard

Camille A. Hanard

Last updated: Jun 25, 2022

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