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In a critical cybersecurity breach on October 17, 2024, Ambient Finance, a decentralized finance (DeFi) platform, was targeted by a domain name system (DNS) attack that compromised its website.
Hackers gained control of the platform’s domain, inserting malicious links to steal assets. However, Ambient Finance has regained control of its domain, assuring users that their smart contracts and funds remained safe throughout the incident.
Ambient Finance was founded in 2021 and operates a decentralized exchange (DEX). Last year, it raised $6 million in a seed round with backing from major investors such as Blocktower and Circle Ventures.
The attack began when hackers breached Ambient Finance’s DNS, redirecting users to malicious links to steal their assets.
The team quickly responded by alerting users on social media platform X, urging them not to interact with the site, connect their wallets, or sign any transactions.
The team tweeted on X:
“The Ambient Finance website domain has been hijacked and compromised. The issue is isolated to the frontend website; contracts and funds are safe.”
They clarified that users should wait for further updates before returning to the platform.
DNS attacks like this target a platform’s domain registrar credentials, giving hackers control over the website interface.
This attack typically focuses on the platform’s front end, as the backend smart contracts — the heart of decentralized systems — remain unaffected.
In Ambient Finance’s case, the team quickly reassured users that while the website had been
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