The official website of Compound Finance (compound.finance) has been compromised and is currently redirecting users to a phishing site. Users are advised to avoid interacting with the website until further notice. Blockchain sleuth ZachXBT, security consultant Michael Lewellen, and PeckShieldAlert have confirmed the breach, emphasizing that the Compound protocol itself remains unaffected and all smart contract funds are safe. Authorities and the Compound team, including Compound Labs, are working to address the situation and will provide updates as they become available. The incident has been classified as a high security alert.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.