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Layer-1 block chain Terra has shut down its website to protect its users from hackers and phishing attacks. The company said it’s better for its users to avoid accessing their website until a new announcement is made. 1/ Update: The terra(dot) money domains have successfully been frozen to prevent further user phishing scams, but a full resolution is still underway. Please read the following for more information — Terra Powered by LUNA (@terra_money) August 22, 2023 Shutting down the website comes from hacking attacks the company suffered during the weekend. On Aug. 19, Terra posted a warning announcement, telling its users not to interact with the Terra Money website until new updates about its status were published. To all Terra users, Please do not interact with any sites with the terra(dot)money domain until we put out another update. Although sites are coming back online, the team is still working to secure full access to the domain. During this time,...

Join Our Telegram channel to stay up to date on breaking news coverage Decentralized Exchange Level Finance has confirmed that its smart contract has experienced a security breach that resulted in the loss of $1 million worth of the exchange’s utility token, $LVL. Smart Contract Attack Leads to Theft of Over 214,000 $LVL Tokens On Monday, Level Finance Exchange announced the loss of more than 214,000 $LVL tokens, approximated to be $1.01 million, caused by an attack on its smart contract. The anonymous attacker manipulated multiple bugs in the exchange smart contracts and drained and swapped thousands of tokens into 3,345 Binance Coins (BNB). An exploit targeted our Referral Controller Contract. – 214k LVL tokens drained to exploiters address. – Attacker swapped LVL to 3,345 BNB – Exploit was isolated from other contracts. – Fix to be deployed in 12 Hrs. – LP's and DAO treasury UNAFFECTED. More details to follow. — LEVEL Finance #...