DeFi protocol Frax Finance has regained control over its domain names, frax.finance and frax.com, which were affected earlier in a potential hijacking attempt. The team worked with its domain registrar, Name.com, to restore the domains to their proper configurations.

Earlier today, Frax Finance encountered a security issue when it lost control over its primary domain names, leading the team to suspect a hijacking attempt.

Domain name system or DNS hijacking is a form of cyber-attack that involves unauthorized changes to a domain’s DNS settings. These alterations redirect the domain to another server and domain name set up for malicious activities, such as phishing user accounts.

In response to the incident, Frax Finance acted swiftly to address the situation. It contacted Name.com, the …