According to Decrypt, Michael Egorov, founder of Curve Finance, revealed that "hired" hackers are coordinating cross platform attacks, making it increasingly difficult to ensure the security of DeFi projects. Last month, Curve Finance was subjected to a DNS attack, causing the front-end website to be breached and users to be redirected to malicious websites. Egorov explained that although the team used strong passwords and two factor authentication, the domain registrar transferred ownership of the domain to someone else without notifying Curve management, which led to this attack.
He pointed out that attacks by threat actors who are "carefully planned" are becoming increasingly common, and may even accept bribes for specific projects. Compared to traditional finance, cryptocurrency carries significantly different risks as transactions are completed almost instantly and attacks are irreversible once they occur. Egorov emphasized that the threshold for cryptocurrency security standards is extremely high, and the existing internet infrastructure is difficult to meet the demand.
