Ethena Labs Domain Compromised, Pocket Universe Prevents User Losses
Ethena Labs Domain Compromised, Pocket Universe Prevents User Losses
🕵️ Hacked UI Foiled
On September 18th, Ethena Labs' domain registrar account was compromised, allowing hackers to hijack the UI and prompt users to approve malicious transactions.
Key points:
- Pocket Universe, a monitoring service, detected and warned users about the scam
- Their users were protected from losses due to the detection service
- Pocket Universe offers additional security with Transaction Cover from OpenCover, powered by Nexus Mutual
- This coverage can reimburse users if a malicious transaction is missed
The incident highlights:
- DeFi dApps face constant security threats, including non-smart contract vulnerabilities
- Wallet providers should consider adopting third-party coverage like OpenCover's Transaction Cover
Protecting against growing threats is crucial for maintaining trust in DeFi platforms.
Hack Recap: Ethena Domain Hack On September 18th, @ethena_labs’ domain registrar account was compromised, allowing hackers to hijack Ethena’s UI and prompt users to approve a malicious transaction request. @PocketUniverseZ, a monitoring service that looks out for scam
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