Category: Domain Name System

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Balancer blames ‘social engineering attack’ on DNS provider for website hijack

September 21, 2023

Blockchain security firms SlowMist and CertiK also believe the crypto wallet drainer, Angel Drainer, was involved in the estimated $238,000 exploit. The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider was what led to its website’s front end being compromised on Sept. 19, leading to…
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Polygon CSO blames Web2 security gaps for recent spate of hacks

September 9, 2022

Polygon’s chief of security says his department now employs 10 experts to ensure top-notch cyber security practices are adopted, recommending other crypto firms do the same. Polygon Chief Security Officer Mudit Gupta has urged Web3 companies to hire traditional security experts to put an end to easily preventable hacks, arguing that perfect code and cryptography…
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