Terra Luna Network Loses $4 Million To Hackers

On July 31, Terra Luna Network was hacked leading to a loss of $4 million in assets.

Hackers exploited a flaw in a third-party module, causing significant financial damage and disruption.

Terra Luna swiftly blacklisted the hacker's wallet to block access to stolen funds and prevent further loss.

The team pledged transparency, sharing updates with the community through social media channels.

Immediate challenges included halted operations, disrupted transactions, and an urgent software upgrade.

With a successful software update, Terra Luna restored normal operations, resuming block production swiftly.

The team’s dedication to security and transparency helped regain user trust, showcasing their resilience

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