Cream Finance, PancakeSwap Websites Compromised

DeFi protocol Cream Finance is experiencing its second hack of 2021. This time, attackers have targeted the website’s DNS and are using it to request users’ private keys and seed phrases.

Cream Finance Compromised

According to the team, Cream’s smart contracts are fine, but hackers have taken control of the website. They’re now using this control to request users seed phrases and empty the account of those who fall in the trap.

Ever since launching in July 2020, Cream has been an important part of the DeFi ecosystem. Their cooperation with Yearn Finance on the Iron Bank project has been a much-discussed project in the space.



This is not the first hacking problem faced by Cream. No more than a month ago, the protocol was exploited through Alpha Finance, netting $37.5 million to the hackers.

It has now surfaced that Binance Smart Chain’s PancakeSwap has also suffered the same attack, as they have announced on their Twitter. Their website is also compromised and requesting seed phrases.


Disclaimer: The author held ETH and several other cryptocurrencies at the time of writing.


The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Source: Read Full Article