Crypto Updates

Terra’s Website Compromised

Crypto hacking

In a surprising turn of events, Terra, the renowned
blockchain that collapsed in May last year, has found itself in the midst of a
security crisis. The platform’s website fell victim to a sophisticated phishing
attack that has left users vulnerable to potential threats.

According to a statement
issued on X (formerly Twitter) on the platform today (Monday), the attackers
managed to compromise Terra’s website and have since attempted to initiate
phishing scams that could potentially compromise users’ information. Thus, the
official Terra’s account has issued a cautionary advisory, urging users to remain
vigilant and exercise caution when interacting with the website.

“To avoid potential
phishing scams, please continue to avoid interacting with sites with the terra(dot)money
domain until we post another update confirming full access,” Terra wrote.

Phishing attacks are
usually orchestrated by hackers who manipulate web pages to embed malicious
code within users’ wallets. Once a user unknowingly…

Click Here to Read the Full Original Article at CryptoCurrency – Finance Magnates | Financial and business news…