The Terra Website Hack and its Potential Impact on LUNA’s Price
The official website for the Terra (LUNA) project has been compromised by a malicious entity using the ‘terra(dot)money’ domain as a phishing platform. This scam aims to collect users’ sensitive information such as private keys, smart contract access through wallets, and IPs. To protect yourself, it is crucial not to interact with the mentioned domain address to avoid falling victim to this scam.
Key Points:
1. Terra’s official account on X (formerly Twitter) has issued warnings about the compromised domain, urging users to avoid it.
2. The cause of the domain compromise has not been disclosed yet, leading to speculation of a possible domain take-over.
3. Ownership information for the ‘terra(dot)money’ domain is not publicly available, but it is set to expire in 2027.
4. The price of LUNA has dropped by over 23% in a week, with the potential impact of the website hack on investor trust in the project.
5. Although the hack does not directly affect users’ funds, stolen tokens from the phishing scam could be sold on the market, potentially impacting LUNA’s price.
In conclusion, the recent hack of the Terra website raises concerns about the security of users’ information and the potential impact on LUNA’s price. It is crucial to remain cautious and avoid interacting with the compromised domain. Stay informed about any updates from Terra’s official account for further instructions. Remember, investing in cryptocurrencies is speculative and involves risks.
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