After experiencing a security exploit,Terra initiates a decisive emergency upgrade.
Lost assets include 3.5M USDC, 60M ASTRO, 500K USDT, and 2.7 BTC.
A series of security breaches has recently escalated in the crypto market. The well-known Terra blockchain has now been added to the list of victims. The Terra blockchain has suffered a significant security breach, resulting in the theft of tokens valued approximately $5.54 million at current prices.
Their official X post reported that they have resumed block production after a temporary halt due to the exploit. The chain appends a decisive emergency upgrade. Reportedly, the validators who possess over 67% voting power on the network have updated their systems to prevent the exploit.
The Terra chain has resumed block production at approximately 4:19 AM UTC today and the emergency chain upgrade is now complete.
Transactions are now being processed, and users may resume normal activities.
Validators holding over 67% of th
We współpracy z: https://thenewscrypto.com/terra-chain-resumes-operations-after-emergency-upgrade-following-exploit/
