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Attackers exploited vulnerabilities related to IBC hooks to steal approximately $3 million in tokens on the Terra blockchain. Odaily reports that the Terra blockchain has reported a security vulnerability on its network. An unknown attacker exploited a known vulnerability related to the third-party module IBC hooks, which is used for cross-chain contract calls and token transfers. The attacker used this vulnerability to steal funds from the bridged assets, including USDC and Astroport tokens. Preliminary estimates indicate that approximately $3 million worth of tokens may have been affected. After discovering the incident, Terra implemented emergency measures to prevent further damage and ensure that no additional tokens are stolen during the resolution of the vulnerability. It is reported that the vulnerability was discovered several months ago and was patched across the Cosmos ecosystem in April. However, Zaki Manian, the co-founder of Sommelier Finance, explained that Terra's upgrade in June did not include this patch, leading to the subsequent attack. Earlier today, Terra tweeted that the Terra chain has temporarily halted at block height 11430400, during which time no transactions will be processed. Terra will work with validators on the Terra (phoenix-1) chain to subsequently apply an emergency patch to fix the suspected vulnerability. $PEPE $SOL $WLD
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Ethereum's on-chain NEIRO has seen a short-term breakthrough, reaching a new all-time high of 0.13 USDT. According to Dexscreener data, the Ethereum-based MEME coin NEIRO briefly surpassed 0.13 USDT, currently trading at 0.1296 USDT, with a 24-hour increase of 184%. $PEPE $SOL $WLD
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A whale withdrew 5,800 BTC, approximately $389 million, from Binance over the past two days. Foresight News, according to Lookonchain monitoring, in the past 30 minutes, the whale address starting with 2QVsf has withdrawn 1,300 BTC (approximately $85.56 million) from Binance. In the past two days, this whale has withdrawn 5,800 BTC (approximately $389 million) from Binance. $PEPE $SOL $WLD
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Data: A certain whale address has again withdrawn 1,300 BTC, approximately $38.7 million, from Binance in the past half hour. According to Lookonchain monitoring, a whale address starting with 12QVsf has again withdrawn 1,300 BTC from Binance in the past half hour. This whale address has withdrawn 5,800 BTC (approximately $387 million) from Binance in the past 2 days. $PEPE $SOL $WLD
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A whale address withdrew 1,300 BTC from Binance again half an hour ago. On July 31, according to Lookonchain monitoring, a whale address starting with 12QVsf has again withdrawn 1,300 BTC from Binance in the past half hour. This whale address has withdrawn 5,800 BTC (approximately $387 million) from Binance in the past 2 days. $PEPE $SOL $WLD
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