Layerswap overrides website hack that drained $100K
According to Layerswap, domain registrar GoDaddy’s sluggish intervention allowed the hacker to retain longer control of the domain.
Layerswap — a bridge between centralized crypto exchanges and layer-2 blockchains — regained access to its domain after a short-lived hijack that drained roughly $100,000 of users’ funds.
On March 20, at around 19:40 UTC, the layerswap.io domain was compromised, and users trying to access the service were redirected to a phishing website. Moments later, the hacker attempted to reset Layerswap’s X account, which locked out access to the social media account completely.
According to Layerswap, domain registrar GoDaddy’s sluggish intervention allowed the hacker to retain longer control of the domain. At around 23:07 UTC, LayerSwap regained the ability to log into their GoDaddy account and reset the changes made by the hacker. The company stated:
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