Bitcoin Ordinals marketplace Ordswap has temporarily shut down its operations after losing control of its official domain. The team notified users about the issue and warned them not to connect to the Ordswap domain. The cause of the incident is yet to be determined, but it is speculated that a web hosting firm called Netlify could be involved. Users on the marketplace's discord server reported a compromised authorization button on the Ordswap website, which was likely used for a phishing attack. Ordswap has introduced a solution to help users recover their private keys and regain control of their website domain. They have also created an online tool to assist users in transferring their assets to other service providers securely. This incident highlights the growing sophistication of phishing attacks, similar to what happened to Balancer, an Ethereum-based automated market maker in September 2023. Balancer suspects that attackers used a social engineering attack on their DNS service provider to drain funds from users' wallets. However, Balancer was able to resolve the issue and regain control of their domain.
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