QuickSwap Domain Hacked, But Funds Safe

Key Takeaways

  • QuickSwap has reported that their domain was hijacked, although funds in LPs, the Dragon’s Lair, Syrup Pools, and wallets are safe. But swaps have been affected. So, they have advised users to stop swapping on their platform.

Below is a quick overview of this project.

QuickSwap is a decentralized exchange that runs on the Polygon Network in order to provide faster and cheaper transactions on Ethereum.

How did the Attack Occur?

Hackers have exploited GoDaddy and taken over their domain. Then they have used copied versions of the affected protocols to interact with users in a phishing scam. Here is the Hacker’s address: https://polygonscan.com/address/0x83927aCF1a3F69f9fD2eD055fFF424a49Cda0c5d

This address is now labelled as Warning! There are reports that this address was used in a domain hijack attack. Please exercise caution when interacting with this address. on Polygonscan.

What was the Team’s Response to the Attack?

QuickSwap Team has advised its users to join its official Telegram group for any support.

As of now, QuickSwap developers have regained access to the domain. But, they are running more tests on it, so they have advised its users to wait for more time. Their smart contracts are still intact, and all funds within the protocol are safe.

As crypto hacks are increasing nowadays, our readers should stay alert.

Here are some latest hacked projects our readers should know about:
  1. MM.Finance Hacked, Around $2M Stolen
  2. BAYC Instagram Hacked, Around $10M worth NFTs stolen
  3. Rari Capital Hacked, Around $80M Lost
  4. Saddle Finance Hacked, Around $10M Stolen
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Yash Kamal Chaturvedi

Btech Computer Science, Maharshi Dayanand University, Rohtak (2023)

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