Coinspeaker - Terra blockchain suffered a $3 million exploit due to a known vulnerability, leading to a temporary chain halt and price drop of its LUNA token

in blockchain •  3 months ago 

https://www.coinspeaker.com/terra-blockchain-3m-loss-attack/
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Terra blockchain suffered a significant exploit, with hackers stealing over $3 million in bridged assets.

The vulnerability was linked to a third-party module and despite previous warnings, Terra failed to fully address the issue.

The blockchain was temporarily halted to prevent further losses, while the price of LUNA, Terra's native token, declined.

Beware of this attack!!

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