Slowmist: Terra project users under the blow of fraudsters – Bits Media

Slowmist company, blockchain, reported on the phishing campaign, during which more 50 Terra users, and scammers stole assets on $4.3 million.

On the social network Twitter, cybersecurity specialists warn, what Terra project users need to be careful. Fraudsters place advertisements on Google ADS, which lead to phishing sites.

“Users are looking for popular projects on the Terra blockchain in the Google search engine, such as Anchor or Astroport. Then, Without understanding, They click on the first link, which turns out to be an advertisement. Advertising looks normal and shows the correct domain name, but leads to a phishing site, where the user is asked to connect the wallet. In the process of connection, he is asked to inform the Sid from the wallet. If the user provides data, then scammers get full access to its wallet and withdraw funds ", - write representatives of SlowMist.

According to the company, in the period p 12 by 21 April scammers were able to steal assets in the amount $4.31 million. To avoid such a situation, Experts recommend not crossing the advertisements, and use links in the search. AND, certainly, Never pass the code phrase from the wallet to anyone.

Recall, that recently the capitalization of stablecoin Terrausd (UST) Reached $17.5 billion and exceeded a similar indicator of Binance USD stablecoin (Busd).