Terra Suffers $6.8M Hack Ahead of TerraForm Bankruptcy Voting
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Hacker exploits Terra’s outdated security patch to mint tokens out of thin air. This comes just a week after TerraForm Labs announced a repayment plan. Terra’s community identifies the culprit, but the drained funds are long gone. Trouble keeps finding Terra Luna's blockchain, as the TerraForm Labs’ native chain was temporarily halted at block 11430400 on July 31, 2024. This action was taken after multiple blockchain intelligence platforms sounded the alarm about the drainage of over $6M in digital assets, including 60M of ASTRO tokens, native to Astroport's liquidity protocol on Terra Luna’s chain. https://twitter.com/astroport_fi/status/1818508192822837511 Besides Astroport’s own token,
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