Layer 1 blockchain Terra has temporarily shut down its website in order to protect users from ongoing phishing scams on the platform.
“The terra(dot) money domains have successfully been frozen to prevent further user phishing scams, but a full resolution is still underway,” Terra officially announced on X (formerly Twitter) on Aug. 22.
Terra advised all users to avoid engaging with any sites under the aforementioned domain until the foundation posts an official “all-clear” notice from this account.
“Our team has been working around the clock to rectify this issue, but we’ve encountered delays with some third-party responses,” Terra added.
The freeze comes shortly after Terra website was compromised over the weekend by hackers who attempted to scam users via phishing attacks.
This is a developing story, and further information will be added as it becomes available.