Crypto investigator ZachXBT has alerted users to avoid the Compound Finance website, which appears to have been compromised.
On July 11, ZachXBT posted a warning on Telegram, advising the crypto community to steer clear of the Compound Finance website. According to the investigator, the site has been hijacked and is redirecting visitors to a newly registered phishing site, posing a significant security threat.
While Compound Finance has not yet confirmed the breach
Summary Review: ZachXBT’s warning about the potential hijacking of the Compound Finance website serves as a crucial reminder for users to exercise caution and avoid the site until further notice. As the situation develops, it is important for the crypto community to stay vigilant and protect their personal data and funds. Compound Finance users should await official confirmation and updates from the Compound Labs team regarding the security of the website.
Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.
