Why $COW’s real risk was the website, not the chain ⚡
CoW Swap’s incident was a domain-level supply chain attack, where DNS was hijacked through social engineering and users were briefly pushed to a phishing site. The on-chain protocol, backend systems, and funds were not compromised, and the team says the anomaly was caught quickly as they moved to cow.finance and recovered the domain.
This is the kind of attack that tests trust at the edge of liquidity. Whales don’t need a broken contract to create damage when a fake front end can intercept attention, so the market will likely reward the fast response but keep pricing in stronger operational security from here.
Not financial advice. Manage your risk and protect your capital.
#DeFi #CryptoNews #Web3 #CyberSecurity #COW Stay sharp ⚡