The team behind the crypto decentralized exchange EtherDelta, which is powered by a smart contract on the Ethereum blockchain, has just issued a security alert warning all users about a security incident involving its DNS server.
EtherDelta, which allows users to trade ERC-20 tokens, said on Twitter that it is currently investigating this issue, and in the meantime advised its users not to use the current site.
Although it is unclear exactly how much money was stolen, it appears several thousands of dollars worth of cryptocurrency is now in the hands of an unknown assailant. However, Etherdelta’s warning implies that users will be safe so long as they don’t use the site right now, thus any tokens/ether deposited to etherdelta should be safe whichever wallets they are currently in.
Very scary stuff people. I always thought it was sketchy that Etherdelta needed you private key in order to buy these ERC20 tokens. It's also scary that the DNS was changed which could mean the website hoster could of been hack or maybe even google or large ISP was hacked. My best guess is someone, maybe an inside job, convinced the hoster to change Etherdelta's IP address to the hackers website and they stole everyone's keys.
-this poor youtuber lost 30k today at etherdelta
Source: https://www.financemagnates.com/cryptocurrency/news/breaking-etherdelta-might-compromised/