ChainCatcher report: The DeFi protocol Neutrl posted on X that, in response to the recent DNS hijacking incident, the team has migrated its official domain to a new address and switched to a new DNS provider. Smart contracts have been resumed and are now operating normally. Neutrl further stated that all user funds are secure, with the protocol’s net asset value (NAV) and reserve assets stored in custodial wallets, isolated through a custodial framework and an off-exchange settlement (OES) mechanism, effectively mitigating front-end and infrastructure risks. The official notice warns users not to access the original domain, which will be gradually decommissioned. Users who previously interacted with the compromised domain are advised to revoke related approvals, including Permit2 authorizations granted to the malicious address, and to clear all unknown permissions.
Neutrl Completes DNS Migration and Resumes Operations
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Summary
The DeFi protocol Neutrl has announced a protocol update, confirming the successful migration of its DNS to a new domain and a switch to a new DNS provider following a recent hijacking incident. Smart contracts have been unpaused and operations have resumed, with user funds remaining secure. The protocol’s net asset value and reserves are still held in custody wallets, protected by a custody framework and an off-exchange settlement mechanism. Users are advised to avoid the old domain and revoke any Permit2 authorizations granted to malicious addresses. This update coincides with the preparation of new token listings for the platform.
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