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Reading: Sanctum Protocol Faces Safety Breach; $ASTRO Token Dumped (15M) Amid Exploitation of Astroport Code; Terra Chain Halted – The Defiant
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The Texas Reporter > Blog > NFTs > Sanctum Protocol Faces Safety Breach; $ASTRO Token Dumped (15M) Amid Exploitation of Astroport Code; Terra Chain Halted – The Defiant
NFTs

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

Editorial Board
Editorial Board Published August 1, 2024
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Sanctum Protocol, a major participant within the Solana ecosystem, has reported a serious safety breach involving the lack of management over its area

Sanctum Protocol, a major participant within the Solana ecosystem, has reported a serious safety breach involving the lack of management over its area, unstake[.]it.

This incident raises issues about potential phishing and scams, prompting customers to keep away from the positioning and revoke any permissions granted.

Moreover, the $ASTRO token has confronted extreme points, with studies of a reentrancy assault that exploited vulnerabilities within the Astroport code. A hacker has already dumped 15 million ASTRO tokens and has entry to a further 39 million tokens.

In response to those occasions, the Terra chain has halted operations for emergency upgrades to deal with an IBC vulnerability that allowed for the unauthorized minting of tokens, together with $ASTRO.

The state of affairs has left many buyers, significantly these holding $ASTRO, in a precarious place as they search readability on the unfolding disaster.

That is an AI-generated article powered by DeepNewz, curated by The Defiant. For extra data, together with article sources, go to DeepNewz.

TAGGED:15MASTROAstroportBreachChainCodeDefiantDumpedExploitationFaceshaltedProtocolSanctumSecurityTerraToken
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