Terra Users Warned of Phishing Attack on Website

Terra Users Warned of Phishing Attack on Website


Terra Warns Users of Phishing Attack on Website

Layer 1 blockchain Terra has issued a warning to its users after its website fell victim to a phishing attack. Hackers compromised the website and are using the access to launch phishing attacks on visitors. Users are being prompted to connect their online or hardware wallets, allowing hackers to gain access to their assets. Terra has advised users to avoid interacting with any websites using the terra.money domain until a confirmation of full access is provided. The extent of the stolen funds remains unknown. Terra, which experienced a significant decline in value following the collapse of its native stablecoin LUNA, has since relaunched with the new TERRA token.

Key Points:

  • Terra’s website was compromised in a phishing attack over the weekend.
  • Hackers are using the compromised access to launch phishing attacks on visitors.
  • Users are prompted to connect their wallets, giving hackers access to their assets.
  • Terra has advised users to avoid interacting with any websites using the terra.money domain.
  • The extent of the stolen funds is currently unknown.

Hot Take:

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The phishing attack on Terra’s website serves as a reminder of the importance of vigilance in the crypto space. Users must exercise caution and verify the authenticity of websites before interacting with them. This incident highlights the ongoing threat of phishing attacks and the potential risks of storing assets online. It is crucial for crypto enthusiasts to stay informed and take necessary measures to protect their funds.

Terra Users Warned of Phishing Attack on Website
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Cora Skindell is a standout figure in the world of cryptocurrency analysis, research, and editorial expertise. As a seasoned crypto analyst and researcher, Cora’s insights delve deep into the complexities of digital assets, resonating with a diverse audience. Her ability to dissect intricate crypto concepts is complemented by her adept editorial skills, enabling her to distill complex information into easily understandable content. Cora’s contributions serve as a valuable compass for both seasoned and novice individuals seeking to navigate the dynamic landscape of cryptocurrencies. With a keen eye for detail and a commitment to accuracy, she empowers informed decision-making in the ever-evolving crypto space.