Popular DeFi platform CoW Swap warns users to stay away from its site after security breach
Summary
Decentralized trading interface CoW Swap temporarily halted its services after detecting a domain name system (DNS) hijacking incident that affected its website. The attack, which occurred at 14:54 UTC, redirected users to a malicious site. While the protocol's underlying infrastructure was not directly compromised, it was paused as a precaution. DNS hijacking is a persistent security risk in DeFi, allowing attackers to redirect users to fake sites to steal funds or data. CoW Swap, a DEX aggregator governed by CoW DAO, is working to resolve the issue and has advised users to refrain from interacting with its interface until it is confirmed safe.
(Source:CoinDesk)