Curve Finance recently implemented a domain switch following a DNS attack that compromised its previous domain’s security on May 12, 2025. This incident triggered a drop in CRV token value of over 8%. The new domain, Curve(dot)finance, was introduced to enhance user security amidst the attack’s impact on trust and market stability. .
The DNS attack was mitigated swiftly by Curve Finance, which partnered with wallet providers and security firms to address phishing attempts through their previous domain. They confirmed that no user funds were affected or victims of phishing links identified, and all systems remain operational. The team highlighted the swift action taken in response to the incident.
The impact on CRV token price highlights the severity of the attack, prompting users to avoid accessing the compromised domain. Security firms like MetaMask issued warnings to their users regarding the potential risks.
This recent breach serves as a reminder of the challenges faced within the DeFi sector. It underscores the need for enhanced security measures and proactive responses to prevent similar attacks in the future. 2022, also saw similar vulnerabilities affecting other DeFi platforms.