A dangerous URL has been inserted into the official website of BySwap, a Binance Smart Chain (BSC)-based cross-chain trading platform, causing users to be redirected to a gambling website. Cybersecurity firm CertiK reported the incident and warned users to exercise caution while using the platform. BySwap facilitates token trading across various blockchains and is notably popular on Binance Smart Chain, offering fast and low-cost trading options. However, this recent cyberattack has impacted its reputation. The malicious URL poses a serious cybersecurity threat, potentially compromising user information and involving them in illicit activities. Such attacks are becoming increasingly common in digital cryptocurrency markets, where hackers use fake or dangerous links to deceive users. In response, BySwap’s administration is expected to resolve the issue promptly and ensure a secure environment for users. Users are advised to access the website only through official channels and avoid clicking on suspicious links. This incident underscores the critical importance of security in the digital crypto market to maintain user trust and uphold market integrity.
Source: binance