Dear Authorities, It has been identified that some major platforms in the crypto industry (tradingview.com, bitcoin.org, etherscan.io, binance.com, coinbase.com) do not use DNSSEC security. This makes them vulnerable to DNS hijacking and traffic manipulation attacks. Past DNS Attacks and Their Effects ? 2018 - MyEtherWallet DNS Attack Attackers manipulated Google’s DNS service to redirect MyEtherWallet users to a fake website. As a result, many users’ wallet credentials were stolen, leading to significant Ethereum losses. ? 2020 - Sea Turtle DNS Hijacking This large-scale attack targeted government agencies and financial institutions by compromising their DNS records. The lack of DNSSEC made these attacks much easier to execute. ? 2021 - DNS Poisoning Attacks on Crypto Exchanges Crypto exchange users were redirected to phishing sites through DNS manipulation. Hackers stole login credentials by imitating the websites of major exchanges like Binance and Kraken. ? 2023 - Cloudflare Outage and DNS Vulnerabilities A major Cloudflare outage disrupted access to several financial platforms. During the downtime, failed API requests caused a sudden drop in Bitcoin’s price. This event demonstrated the risks of relying on a single DNS provider. Potential Threats and Risks The lack of DNSSEC can lead to severe security and market risks, including: ? API Disruptions: High-volume transactions can be delayed or fail due to DNS attacks. ? Liquidity Issues: Failed buy orders and prioritized sell orders can create artificial selling pressure. ? Bitcoin Price Manipulation: Attackers could trigger flash crashes by interrupting exchange APIs. Manipulation Scenarios ? Abnormal Price Increase A DNS attack could cause short positions on a specific coin to time out. In this case, short sellers would be unable to execute their sell orders, while buyers would continue aggressive purchases, believing the coin is in a strong uptrend. As a result, the targeted coin's price could increase by 1,000,000%, leading to extreme market manipulation. ? Bitcoin Support Level Exploitation By causing buy orders at critical Bitcoin support levels to time out, an attacker could increase selling pressure and drive Bitcoin's price down. If buyers' orders fail to execute, panic selling could ensue, accelerating Bitcoin's decline. Recommended Actions 
Crypto exchanges and financial platforms must urgently implement DNSSEC protection. Traders and institutional investors should reduce reliance on a single API provider. Exchanges should minimize dependence on centralized services like Cloudflare. Regulators and industry leaders should promote awareness of DNS security risks. If these security vulnerabilities are not addressed, attackers could manipulate the crypto market, causing millions of dollars in losses. Therefore, it is crucial for these platforms to enhance their DNS security measures immediately. Sincerely,
https://i.hizliresim.com/5wzmtl6.jpeg https://i.hizliresim.com/8kt1icl.jpeg https://i.hizliresim.com/3llwkhz.jpeg
Crypto exchanges and financial platforms must urgently implement DNSSEC protection. Traders and institutional investors should reduce reliance on a single API provider. Exchanges should minimize dependence on centralized services like Cloudflare. Regulators and industry leaders should promote awareness of DNS security risks. If these security vulnerabilities are not addressed, attackers could manipulate the crypto market, causing millions of dollars in losses. Therefore, it is crucial for these platforms to enhance their DNS security measures immediately. Sincerely, https://i.hizliresim.com/5wzmtl6.jpeg https://i.hizliresim.com/8kt1icl.jpeg https://i.hizliresim.com/3llwkhz.jpeg