Terra Blockchain Halted Due to Exploit, Resulting in Loss of Millions The Terra blockchain experienced a halt after an exploit resulted in the loss of millions of dollars worth of tokens. Validators applied an emergency patch to address the exploit, and the network resumed block production. The attack drained over $4 million in tokens, causing the price of Astroport's ASTRO token to plummet and Terra's LUNA token to dip

Odaily Planet Daily News Astroport released security incident updates on X: - The attacker's ASTRO on Neutron has been seized in the Astroport Treasury; - The attacker's Terra Address has been blacklisted and cannot conduct any transactions; - IBC Hook vulnerability has been fixed; - The attacker stole a total of about 58 million ASTRO, and bridged about 33 million ASTRO to Neutron; - The attacker exchanged about 13 million ASTRO for 124,000 axlUSDC and sent it to an Ethereum Address; - About 20 million ASTRO tokens are left on-chain for Terra and have been blacklisted, unable to be moved; -The official will continue to work closely with the Terra team to seek solutions. Contributors of Astroport will provide further updates as soon as possible, and a comprehensive report on the event is expected to be released later this week.

According to Beosin Alert monitoring, Terra Chain has been attacked due to an IBC vulnerability and is temporarily suspended. The attacker successfully minted and transferred 60 million ASTRO, 3.5 million USDC, 500,000 USDT, and 2.7 BTC. The vulnerability was disclosed in April this year, but Terra has not fixed it.

On July 31st, Astroport, a decentralized trading protocol, stated that Terra chain has been temporarily suspended due to an emergency upgrade. It appears that someone has taken advantage of the IBC vulnerability to mint a number of tokens on the Terra on-chain, including ASTRO. As the chain has now been halted, it is currently not possible to mint any more tokens. Astroport contributors are working with other chains and Cosmos builders to determine the necessary actions.

Golden Finance reported that JohnGalt, the strategic director of the Cosmos ecosystem, tweeted that a hacker has minted tens of millions of ASTRO out of thin air on Neutron using recent Astroport code. They have already dumped 15 million ASTRO, and there are still 39 million ASTRO available for dumping at the address.

Amazon announced that it will stop producing the security robot "Astro for Business" targeting small and medium-sized enterprises, hoping to focus on the home robot market. A company spokesperson said that Amazon will be more committed to bringing Astro into homes and reducing support for the commercial version. The decision aims to accelerate various ongoing research to make the home version of Astro the best home robot.

PANews reported on November 17 that Terra's official Twitter post said that in order to support the Terra ecosystem project, Terraform Labs (TFL) has purchased 22.4 million ASTRO through OTC. ASTRO is tentatively trading at $0.06.

In early November, the Japanese team ACG Worlds attended Tezuka Productions' 2023 internal results conference and shared the latest trends in ACG's latest ecosystem and Tezuka World event area at the conference. In this meeting, the ACG Worlds team had an in-depth exchange with the senior management of Tezuka Productions to discuss the future development of the Web3 industry. Not only did the two companies share their insights on the future, but they also revealed for the first time a demo of Osamu Tezuka's world metaverse and Astro Boy games under development at Tezuka Productions' internal results conference. In this earnings conference, ACG Worlds revealed the preliminary blueprint of many innovative plans and the future development trend of ACG Worlds in the Japanese market, and the specific project details and development progress will be announced gradually on ACG's official Twitter.