Phishing & Fake Sites
Phishing sites mimic legitimate platforms to steal credentials or trick you into signing malicious transactions.
Common Phishing Tactics
- Typosquatting URLs: Domains like
c0mpound.finance
(zero instead of “o”). - DNS Hijacking: Compromising a DNS record to redirect users to a malicious site.
- Cache Poisoning: Serving fake pages that appear genuine.
How to Protect Yourself
- Bookmark Official URLs: Always use saved links (e.g.,
https://app.compound.finance
). - Check SSL Certificates: Look for the padlock icon and valid domain in the browser address bar.
- Use Anti-Phishing Tools: Browser extensions like Wallet Guard block known phishing sites.
- Verify Links Manually: Hover over links in emails or social media before clicking.
Real-World Incident
On July 11, 2024, a DNS attack briefly redirected Compound’s website to a fake interface, highlighting the importance of multi-factor verification and community alerts.
Next Steps
Proceed to Malicious Smart Contracts to learn how to spot unsafe contract interactions.