🚨ALERT🚨 Infamous blockchain protocol Terra has been exploited! Hackers stole 60M $ASTRO, 3.5M $USDC, 500K $USDT, and 2.7 $BTC, totaling $6.8M. The attack exploited a reentrancy vulnerability in the IBC hooks' timeout callback, revealed in April.

Just hours before, Terra halted its network to apply an emergency patch. By 07:40 UTC, Terra resumed operations, but details on the lost assets remain undisclosed. Notably, $ASTRO plummeted 60% post-halt.

What are your thoughts on Terra's response? 💬👇

#CryptoNews #Blockchain #TerraExploit