Ethena Labs is the target of a front-end attack

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The Ethena Labs platform has been targeted by a front-end attack detected by the Web3 security platform Blockaid. According to recent information, the attackers used an advanced version of the Inferno Drainer tool to compromise the website’s interface. This put logged-in users at risk.

The attack, which compromised Ethena Labs' domain name, prompted the company to temporarily disable its website. The goal was to prevent the attack from affecting more users.

In a statement, Ethena assured that user funds are safe. In addition, it stated that the protocol itself was not compromised, with the problem being restricted to the front-end (visual interface of the website). This means that the underlying code, responsible for the security of transactions and the management of digital assets, remained intact.

The company acted quickly to warn its user base not to interact with websites or apps that may be impersonating the legitimate Ethena interface. It also advised users to immediately disconnect their digital wallets and avoid signing any transactions until the situation is resolved.

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Ethena is attacked

Ethena Labs’ user community responded quickly to the alerts, with many disconnecting their wallets and following security recommendations provided by the company and the Blockaid platform.

Despite the initial scare, Ethena Labs assured that it is working with affected partners and security experts to resolve the issue as quickly as possible. The company also reinforced its commitment to security and transparency, keeping its users informed.

Ethena Labs is a DeFi platform that seeks to combine the innovation of decentralized finance with the security and stability of traditional assets. The platform’s stablecoin, USDe, provides a safe alternative for investors who want to avoid the volatility of cryptocurrencies.

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