Terra Blockchain Restarts After Reentrancy Attack Leads to $4M Exploit

Tyler Spalding, CEO / Co-Founder, Flexa, 2Chainz and Zack Seward, Deputy Editor-in-Chief, CoinDesk

The blockchain halted at block height 11430400 for an emergency patch to fix the vulnerability. The fix was completed at 04:19 UTC. Validators, the entities that support the network, with over 67% of the voting power on Terra upgraded their nodes to prevent the exploit from recurring, according to a post on the X.

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