KEY POINTS
- Terra said it was shutting down the chain Wednesday without explaining whether user funds were affected
- Beosin, which first confirmed the exploit, said the attacker targeted a vulnerability disclosed about 3 months back
- Some outlets said the exploit resulted in $4 million in losses, while others said up to $6 million was lost
Exploiters attacked the Terra blockchain on Wednesday, wiping out millions in cryptocurrencies. The network had to be paused briefly due to the exploit, which saw four specific tokens affected.
