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The most famous cryptocurrency fraud platform was hacked by hackers

9:37 am, August 22, 2023

The team of the notorious blockchain project Terra has reported that its official website has been hacked. Users were advised not to share their data with the terra (dot) money page. This is stated in the company’s statement on Twitter.

«To avoid potential phishing attacks, please avoid any interaction with terra (dot) money until we provide an update on this issue ,» the statement reads. Terra representatives also published a list of official channels on their social media. Terra representatives also published a list of official channels on their social media. At the time of writing, no information about the reasons for the hack and the people involved has been published.

Later, one of the blockchain developers under the pseudonym Kiruse confirmed the hacking of the Terra website. He added that he reported the situation with a delay because he feared that Terra’s Twitter account had been hacked. According to him, the latest update of the Terra Station app is safe. However, in order to avoid possible risks, Kiruse urged users not to use it for the time being.

As a reminder, in mid-April, Terraport Finance, a decentralized platform on the Terra Classic blockchain, suffered from a hack of liquidity pools. As a result of the attack, the hacker emptied all the pools and withdrew assets worth about $ 2 million from the platform, after which he transferred them to Binance and MEXC Global.

However, the platform hack raised a number of questions among crypto users. Thus, Terraport Finance was launched on March 31, and by April 7, the developers had burned almost 100 million LUNC tokens in an attempt to «revive» Terra. Some community members claim that Terraport has not passed a security audit.

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