What is DNS hijacking? How it took down Curve Finance’s website

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Coin Telegraph 13h ago

What is DNS hijacking? How it took down Curve Finance’s website - Coin Telegraph

Quick Summary:

It successfully redirected the “.fi” domain to neutral nameservers, thus taking the website offline while efforts to regain control continued. To ensure safe access to the frontend and secure fund management, the Curve team quickly launched a secure alternative at “curve.finance,” now serving as the official Curve Finance interface temporarily.

In the case of Curve Finance, the attackers infiltrated the systems of the domain registrar “iwantmyname” and altered the DNS delegation of the “curve.fi” domain to redirect traffic to their own DNS server. A domain registrar is a company authorized to manage the reservation and registration of internet domain names.

Attackers can exploit these centralized choke points to undermine trust and steal funds. The Curve attack serves as a wake-up call for the crypto industry to explore decentralized web infrastructure, such as InterPlanetary File System (IPFS) and Ethereum Name Service (ENS), to reduce reliance on vulnerable centralized services.