Curve Finance, a leading decentralized finance (DeFi) platform, recently faced its second DNS hijack within a week. This cyberattack caused the CRV token price to fall about 7%, shaking investor confidence and raising concerns about user safety.
What Happened? Hackers took control of Curve Finance’s domain name system (DNS). This meant users visiting the official curve.fi website were redirected to a fake site designed to steal funds. Fortunately, Curve’s smart contracts remained secure, so no direct theft from the protocol occurred.