Web3 Platform Galxe Hit by $160K Frontend Assault, Identical Hackers Behind Balancer

The web site of web3 platform Galxe was compromised in a DNS hijacking assault, redirecting customers to a phishing website aiming to steal funds.

Web3 Platform Galxe Suffered A $160k Frontend Assault

The web site of web3 platform Galxe was compromised in a DNS hijacking assault, redirecting customers to a phishing website aiming to steal funds. Galxe is a web3 platform that enables protocols to reward customers for collaborating in numerous on-chain and social actions, utilizing digital credential knowledge and NFTs.

Following the incident, the workforce notified customers to not entry the location as hackers used a DNS vulnerability to realize management of Galxe’s official web site hyperlink, redirecting prospects to a phishing website linked to a malicious contract designed to steal person funds.

The web site is now totally recovered, and the workforce is working to get well the stolen funds with  “authorized enforcement and third celebration consultants.”

Over $160,000 in customers’ crypto belongings have been despatched to the attacker’s pockets tackle. The identical tackle was concerned in an analogous DNS assault on Balancer in September, according to crypto investigator ZachXBT.

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