Ethena Labs temporarily shutters frontend website after its domain registrar account was compromised
Quick Take
- Ethena Labs is warning users to avoid its website because its domain registrar account was compromised, which could lead to a potential frontend attack.
Ethena Labs, the development company behind the decentralized synthetic dollar protocol, announced it has temporarily deactivated its frontend after its domain registrar account was compromised. The team warned users against interacting with “any site or application purporting to be the Ethena frontend,” in a message on X on Wednesday.
The company also clarified that the Ethereum-based protocol itself is unaffected and that funds are safe. The nature of the compromise is not yet known.
Frontend attacks are a common occurrence across the crypto industry. Rather than searching for a code vulnerability to exploit, would-be attackers can simply replace a project’s website with a malicious version designed to drain a user’s funds.
In July, for instance, both Compound Finance and the Celer Network’s websites began redirecting users to a phishing site after their domain name service provider, Squarespace, was compromised. Similar attacks have also affected Galxe, Velodrome and Curve, among many other protocols.
Ethena Labs, which built the DeFi-native USDe stablecoin, has not responded to a request for comment at press time.
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