dYdX v3 website recovers after DNS attack, users warned to delete cache


dYdX efficiently restored model 3.0 of their web site after an obvious area identify service (DNS) hijacking try on July 23.

The staff totally recovered the crypto exchange’s web site inside three hours after the compromise was introduced.

dYdX additionally warned its customers to delete the cache and restart their browser earlier than visiting the web site, in a July 23 X submit:

“dydx.change web site has been recovered by dYdX Buying and selling Inc. Please observe that your machine should still be caching the compromised website. Be certain that to clear your cache and restart your browser earlier than connecting to the web site.”

The assault on the change comes per week after a stole over $230 million from WazirX, an Indian cryptocurrency change, within the second-largest cryptocurrency hack of 2024 thus far.

Associated: WazirX hacker consolidates $57M ETH into new wallets

Solely the dYdX web site was compromised

The attack on dYdX has solely briefly compromised the change’s web site, however the remainder of the protocol remained unaffected.

The change clarified in a July 23 X submit:

“A reminder that the dYdX Chain, dydx.commerce and the v3 Protocol had been by no means compromised and are protected to make use of.”

The staff added that some pockets extensions, like Metamask and Phantom, should still show warnings when connecting to the positioning, however this “must be resolved shortly.”

$3 billion stolen in hacks — Why are crypto crimes surging?. Supply: Cointelegraph

Associated: Funds hacked in 2024 increased by 15.4% vs. the same period in 2023 — Immunefi

Crypto hacks in 2024 may surpass 2023

Crypto hackers are poised for a profitable yr, that might doubtlessly surpass the quantity of stolen digital property from final yr.

Within the first quarter of 2024, hackers stole digital property valued at $542.7 million, a 42% enhance in comparison with the identical interval in 2023 — however sensible contracts are to not blame.

Hacked funds misplaced to sensible contract vulnerabilities fell 92% to $179 million in 2023, down from a staggering $2.6 billion in 2022, based on Merkle Science’s “2024 Crypto HackHub Report” report.

As a substitute, over 55% of the hacked digital property had been misplaced to personal key leaks throughout 2023.

Crypto complete losses by vulnerabilities. Supply: Merkle Science

“The largest safety concern proper now could be the fast enhance in losses attributable to personal key leaks,” Mriganka Pattnaik, co-founder and CEO of crypto threat and intelligence platform Merkle Science, informed Cointelegraph.

The overall quantity of stolen crypto funds in 2024 is approaching $1.4 billion as centralized exchanges emerge as the brand new floor zero for exploits, based on cybersecurity agency Cyvers’ mid-year Web3 safety report.

Journal: WazirX hackers prepped 8 days before attack, swindlers fake fiat for USDT: Asia Express