Terra money website frozen to prevent more phishing scams

Layer 1 blockchain Terra has quickly shut down its web site in an effort to defend customers from ongoing phishing scams on the platform.

“The terra(dot) cash domains have efficiently been frozen to forestall additional person phishing scams, however a full decision continues to be underway,” Terra formally announced on X (previously Twitter) on Aug. 22.

Terra suggested all customers to keep away from participating with any websites underneath the aforementioned area till the muse posts an official “all-clear” discover from this account.

“Our crew has been working across the clock to rectify this challenge, however we have encountered delays with some third-party responses,” Terra added.

The freeze comes shortly after Terra web site was compromised over the weekend by hackers who tried to rip-off customers by way of phishing assaults.

It is a creating story, and additional info can be added because it turns into out there.