Project 0 reports user losses from domain hijack amid escalating Ethereum losses
The post Project 0 reports user losses from domain hijack amid escalating Ethereum losses appeared on BitcoinEthereumNews.com.
In an alert shared by Project 0 (P0) founder MacBrennan Peet, the executive committed to fully refund confirmed losses after attackers infiltrated its system to redirect user visits to its website to a crypto-stealing site. The post by MacBrennan confirmed that at least one user lost $1,000 when they tried the new site “out of curiosity.” The security incident targeting Project 0 compounds record numbers of crypto thefts by bad actors exploiting the Fusaka upgrade that was supposed to make transaction fees an afterthought for Ethereum network users, adding to a pattern of attacks targeting liquidity-rich venues. Project 0 reports the latest DeFi domain hijack According to the disclosure by MacBrennan, attackers gained access to the GitHub account of an application team member, which allowed them to redirect user visits between 9:45 PM and 10:19 PM. Although he did not specify his timezone, users who tried to visit Project 0’s website within the 40-minute attack window were directed to another website that led to the loss of at least $1,000. Per Defillama data, Project 0, a DeFi-native prime brokerage that lets users borrow against their entire DeFi portfolio across multiple venues, currently holds almost $90 million in total value locked (TVL), peaking above $110 million since tracking began in late 2025. The project also claims backing by Multicoin, Pantera and Solana Ventures. The $89 million locked in Project 0’s DeFi ecosystem was unaffected by the exploit. Source: Defillama That level of activity and status, while attractive to users, is also a beacon for attackers looking for high-value targets. Cryptopolitan reported that OpenEden and BonkFun endured similar attacks when attackers compromised domains registered to the projects. In both cases, the attack did not affect project vaults or users’ positions, as the damage in these kinds of attacks is typically limited to…
Filed under: News - @ March 13, 2026 3:23 pm