In a critical announcement today, Sanctum Protocol, a liquid staking token (LST) protocol built on the Solana ecosystem, has alerted users to a serious security breach.
Solana-based liquid staking token protocol Sanctum Protocol has lost control of its primary domain to an unknown entity.
The protocol announced the critical security breach on Friday, revealing that the compromised website is likely being used for scamming or phishing purposes.
Sanctum Protocol has strongly advised all users to avoid visiting or interacting with the unstake.it website in any capacity. Those who have previously authorized the website have been urgently recommended to revoke all access rights immediately to protect their assets and personal information.
The team stated they are actively working to have the domain blacklisted on various cryptocurrency wallets to prevent further potential harm. They are also getting the domain revoked and unhosted.
This incident serves as a stark reminder of the ongoing security challenges in the cryptocurrency space and the importance of vigilance when interacting with decentralized finance (DeFi) protocols. They will provide updates as the situation develops. In the meantime, users are advised to stay alert and verify all communications through official channels.
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