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Compound Finance and Celer Network websites compromised in ‘front-end’ attacks

The websites of crypto lending platform Compound Finance and Celer Network have been attacked, redirecting users to a malicious phishing site, according to multiple security researchers. Compound, one of the longest-established decentralized finance (DeFi) applications, holds assets worth over $2B, according to data from DeFiLlama. Celer’s cBridge allows users to send tokens between 14 blockchains, processing over $200M in volume last month. Security advisor to the Compound DAO, Michael Lewellen, posted a community alert via X (formerly Twitter), urging users to avoid the platform’s website . Compound Finance confirmed the attack 90 minutes later. The breach was highlighted earlier by ZachXBT via Telegram. ALERT: The https://t.co/vSAGYl6wwJ URL has been compromised and is currently hosting a phishing site. DO NOT interact with the https://t.co/vSAGYl6wwJ website until further notice. The Compound protocol itself is not impacted and all smart contract funds are safe. — Mich...

FTX EU launches withdrawal website to pay back European users

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FTX EU was only approved by the Cyprus regulator in March, 2022, about seven months before FTX collapsed in November. The European arm of FTX, FTX EU has launched a website to allow European customers to submit withdraw al requests. It comes nearly five months after the global trading platform collapsed and went bankrupt in early November. The new website domain name — https://ftxeurope.eu/ — was reportedly approved by the Cyprus Securities and Exchange Commission according to a report in Finance Magnates. A screenshot of the newly launched website to withdraw funds from FTX EU. Source: FTX Europe The new domain will not offer any products or services other than to pay back impacted customers, the report said, referencing an email received by FTX Europe. "Please be informed that our new domain, www.ftxeurope.eu, has been approved by our regulator CySEC as you have well identified. The website will only be used for all FTX EU LTD clients to be able to claim their FIAT balances....