dYdX domain name hijacked, causing users to lose about $31,000, and full compensation has been promised

Odaily News dYdX posted on X that the domain name registrar of dydx.exchange (formerly Squarespace) confirmed that dYdX tradings Squarespace account was accessed by unauthorized personnel on July 23 because these people conducted a social engineering attack on Squarespace customer support. In the approximately 2 hours when the dydx.exchange domain name was hijacked, 2 users lost a total of approximately US$31,000. dYdX Trading has now contacted these users and will ensure that they are fully compensated. After re-securing the domain name, dYdX has added additional controls to prevent such incidents from happening again, including migrating the domain name to Cloudflare.