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News - DeFi protocols victim of hacker attacks
Hackers exploited a weakness in the code of Pendle Finance's website host. According to a message from the Celer network, dYdX, Axelar and Thorchain, as well as their own protocol, were also affected. The message has since been removed.
Post Mortem
— Pendle (@pendle_fi) July 12, 2024
For context - Squarespace purchased all domain registrations and related customer accounts from Google Domains in June 2023, which forced the migration of domains.
Recently, attackers exploited a vulnerability in Squarespace, hijacking domains hosted on their… https://t.co/0lgcvzss2r
The DeFi protocol Pendle Finance shares on X that users should protect themselves from possible hacker attacks. In another message, the protocol asks its users to "completely withdraw access to Pendle-Smart-Contracts."" Users will be compensated for the inconvenience within 48 hours," the DeFi protocol promises.
