Aerodrome Finance Faces DNS Hijacking Attack, Users Warned
- Aerodrome Finance, a decentralized exchange on Coinbase’s Base network, has $400 million in total value locked.
- The attack involved DNS hijacking of Aerodrome’s centralized domains, redirecting users to phishing sites.
- Users are advised to use decentralized domains and revoke recent token approvals via Revoke.cash.
- Previous attacks in late 2023 resulted in approximately $300,000 in user losses.
- Despite the disruption, the AERO token price remained stable at around $0.67, up by about 2% over the last day.
The ongoing investigation into the attack has not confirmed any user losses or how many users were affected. Aerodrome’s team continues to provide updates and urges caution while using their services.
This incident highlights the risks associated with centralized domains as Aerodrome Finance works to protect its users following previous attacks that led to significant losses.(Source)
