Ethena Labs Resumes Website Operation After Domain Compromise
CryptoNewsTerminal Staff20 Sep, 2024
Ethena Labs Resumes Website Operation After Domain Compromise
Ethena Labs, the issuer of the stablecoin USDe, has announced that the Ethena Frontend has been fully restored and website operation has resumed. The protocol was not affected by the compromise. Ethena Labs had previously announced that its official website was down due to a domain registrar account compromise. The company worked quickly to resolve the issue and restore access to its website. Ethena Labs is a leading provider of stablecoin solutions. The company's USDe stablecoin is backed by a basket of fiat currencies and is designed to provide a stable store of value for users. Ethena Labs also offers a range of other services, including a decentralized exchange and a payment gateway. The resumption of website operation is a positive sign for Ethena Labs and its users. The company's commitment to security and transparency is evident in its quick response to the domain compromise. Ethena Labs is well-positioned to continue to grow and innovate in the stablecoin market.
