The official website of the web3 credentials and rewards platform Galxe was compromised due to a DNS hijack attack on its front-end website, the team confirmed.

The team notified users of the incident, advising them not to use the site. During the attack, hackers executed a DNS exploit to take control of Galxe's official website link and redirected users to a phishing site associated with a malicious contract aiming to steal user funds.

Galxe stated the compromise targeted its account with the domain name registrar, Dynadot.

"We’ve detected a security breach affecting the DNS record for 'galxe.com' through our Dynadot account. Please refrain from visiting the site from all channels while we are resolving the issue," the team said.

The incident has resulted in user losses

The incident …