The DAO behind the CoW swap urged users to stay off the platform after the ‘hack’
The decentralized exchange aggregator said users should avoid visiting the website after the front-end exploit.
Decentralized exchange aggregator CoW Swap has called on users to avoid using the website after an unknown party hijacked its domain.
In Tuesday's X-Post, the decentralized autonomous organization (DAO) behind CoW Swap said its website had a “DNS encounter.” [Domain Name System] hack”, causing the backend and APIs to pause. The frontend exploit, at the time of publication on the website, continues.
“We are now actively working to resolve the situation,” CoW Swap said. “Please refrain from using SwapPointLamPointFi until we confirm that it is safe to use.”
DNS attacks like the CoW Swap report are not uncommon among crypto and blockchain companies, where attempts to extort users' money are at risk. Decentralized exchange Balancer reported a domain attack in 2023, while Curve Finance said it experienced multiple DNS hacks.
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The price of CoW Protocol's COW token dropped more than 3% amid the domain hack, down from $0.2229 to $0.2159.
Web3 hacking, driven by phishing, caused half a billion dollars in losses in Q1 2026
Blockchain security company Hacken reported on Tuesday that Web3 projects lost $482 million to hacking and fraud in the first quarter of 2026. According to Hacken's report, there were 44 incidents in Q1 2026, most of which were phishing and social engineering attacks.
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