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dYdX domain name hijacked, causing users to lose about $31,000, and full compensation has been promised

dYdX domain name hijacked, causing users to lose about $31,000, and full compensation has been promised

Odaily2024/07/26 05:10
By:Odaily
Odaily News dYdX posted on X that the domain name registrar of dydx.exchange (formerly Squarespace) confirmed that dYdX tradings Squarespace account was accessed by unauthorized personnel on July 23 because these people conducted a social engineering attack on Squarespace customer support. In the approximately 2 hours when the dydx.exchange domain name was hijacked, 2 users lost a total of approximately US$31,000. dYdX Trading has now contacted these users and will ensure that they are fully compensated. After re-securing the domain name, dYdX has added additional controls to prevent such incidents from happening again, including migrating the domain name to Cloudflare.
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