CowSwap Breach Triggers Alert as Blockaid Flags Critical Flaw
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CowSwap (DEX) suffered a frontend security breach and DNS hijack flagged by Blockaid; users were urged to revoke wallet permissions and stop connecting wallets to the site to avoid compromise. The COW token plunged sharply on the news and has shown only limited stabilization while an investigation and remediation continue, creating short-term market and adoption risk. The incident highlights DeFi frontend security and permission risks for crypto users, raising concerns about DEX trust, potential contagion, and the need for urgent patches and audits.
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- CowSwap breach triggers warnings as users halt access and revoke permissions.
- Blockaid flags interface flaw as DNS hijack redirects users to a malicious website version.
- COW drops sharply and then shows slight stabilization as investigation continues further.
CowSwap came under pressure after reporting a frontend security breach that stirred fresh concern across the DeFi market. Suspicious activity appeared as trading interest picked up. Security researchers and the platform moved quickly to warn users and limit further exposure.
Blockchain security firm Blockaid said it had identified a critical vulnerability affecting the CowSwap website interface. The firm urged users to revoke wallet permissions immediately. It also advised them not to connect wallets to the platform until further notice.
Community Alert:
Blockaid's system has identified a front-end attack…
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