Terra Website Compromised: Check What Developers Warn

POSTED: 21-AUGUST -2023

Terra, a Layer 1 blockchain, experienced a recent compromise of its website by hackers. 

Hackers used the compromised access to launch phishing attacks on website visitors. 

Terra Developers issued a warning through a tweet advising users to avoid interacting with sites using the "terra(dot)money" domain 

In a phishing attack, hackers manipulate a web page to inject malicious code into users' wallets. 

Connecting a wallet to such a compromised page allows hackers to gain access to the wallet's assets by obtaining the user's digital signature.

Terra blockchain gained attention due to its involvement in the 2022 crypto downturn, triggered by the collapse of its native algorithmic stablecoin called LUNA. 

Terra blockchain gained attention due to its involvement in the 2022 crypto downturn, triggered by the collapse of its native algorithmic stablecoin called LUNA.