Sanctum Protocol Faces Security Breach; $ASTRO Token Dumped (15M) Amid Exploitation of Astroport Code; Terra Chain Halted

Sanctum Protocol, a significant participant in the Solana ecosystem, has reported a major security breach involving the loss of control over its domain, unstake[.]it.

This incident raises concerns about potential phishing and scams, prompting users to avoid the site and revoke any permissions granted.

Additionally, the $ASTRO token has faced severe issues, with reports of a reentrancy attack that exploited vulnerabilities in the Astroport code. A hacker has already dumped 15 million ASTRO tokens and has access to an additional 39 million tokens.

In response to these events, the Terra chain has halted operations for emergency upgrades to address an IBC vulnerability that allowed for the unauthorized minting of tokens, including $ASTRO.

The situation has left many investors, particularly those holding $ASTRO, in a precarious position as they seek clarity on the unfolding crisis.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.