DeFi Domain Hacks and Safety Advice
Jul 16, 2024

Sam

Hey Amy, I heard something about crypto websites being hacked. What's going on?

Amy

Hi Sam! Yes, there's been a problem with some cryptocurrency websites. Their web addresses were changed to send people to fake websites that could steal their money.

Sam

That sounds scary! How did that happen?

Amy

It happened because of a problem with a company called Squarespace, which helps manage website addresses. Some bad people found a way to change where the addresses point to.

Sam

Oh no! Are a lot of websites affected?

Amy

Quite a few cryptocurrency websites are at risk. Some big ones like Compound Finance and Celer Network were attacked, but they've warned people about it.

Sam

What should people do to stay safe?

Amy

Good question! Some experts are saying it's best not to use any cryptocurrency websites for a few days until everything is fixed.

Sam

But what if someone already used one of these websites?

Amy

If someone used one of the affected websites, they should change their passwords right away. They might also need to move their money to a new digital wallet to keep it safe.

Sam

That sounds like a lot of work! Is there a way to know which websites are safe?

Amy

It can be tricky right now. Some people have made lists of websites that might be in danger. It's best to be extra careful with any cryptocurrency website for now.

Sam

I see. Is there anything good coming out of this?

Amy

Well, it's making people think more about how to keep websites safe. Some people are suggesting new ways to protect website addresses using blockchain technology.

Sam

That's interesting! So they're trying to use crypto technology to protect crypto websites?

Amy

Exactly! It's like using the strength of cryptocurrency to fix a problem with cryptocurrency. Pretty clever, right?

Sam

Yeah, that is clever! Thanks for explaining, Amy. I'll be sure to be extra careful online for a while.