Terra’s Mirror protocol warns community against governance attack
Terra's Mirror protocol warns community against governance attack
The attacker launched a public poll on Mirror's official website, which falsely proposes a freeze on the community puddle in case of a scam. If executed as planned, the aggressor would receive 25 million MIR tokens.
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Public blockchain network Terra has confirmed an ongoing scam assault via an official governance poll on Mirror, an in-house synthetic assets protocol.
According to Mirror, the aggressor launched a public poll on Mirror's official website, which proposes a freeze on the community pool in case of a scam.
NEW MIRROR POLL! ALERT: Poll 211 is SCAM -- sending 25,000,000 MIR to itself ... #vote on 212: https://t.co/FH6RqTbJ2j $MIR $LUNA #terra
— Mirror Polls (@mirror_polls) December 25, 2022
According to Poll ID: 211, named "Freeze the community pool in case of scam," the scammer proposes an upgrade of safer community governance rules in case of a hack. If the hacker manages to get a positive majority on the poll, 25 million MIR tokens (worth $64.2 million at the fourth dimension of writing) will be sent to the hacker's address.
Every bit evidenced past the to a higher place screenshot, Mirror's proactive approach to warn the community has seen a sizable increment in the number of "No" votes — confirming the security of the funds. According to WuBlockchain, the aggressor initiated Proposal 185, disguised every bit a request for cooperation with Solana, effectively trying to defraud 25 meg MIR tokens from the community fund pool.
The attacker'south poll will remain publicly available for voting till Jan. 1. Withal, the Mirror team launched Poll 212 to warn the unwary investors:
"Poll 211 sending 25,000,000 MIR to itself. VOTE NO to any poll sending customs funds out."
Mirror has also identified half-dozen other polls — with IDs 185, 198, 204, 206, 207 and 208 — that take attempted to substantially drain the customs pool and cause MIR dumping:
"Poll# 208 is the 2nd set on on mDOT and is created by the same thief who started this wave of community puddle stealing with its fake-burn down poll #177."
Related: Solana on-chain development increases after a recent DDoS attack
Public blockchain platform Solana has amped upwards its on-concatenation development initiatives following a contempo distributed denial-of-service assault.
Equally Cointelegraph reported, the fifth-largest blockchain managed to overcome the set on without having to close downwards the network. However, citing concerns over network vulnerability, Solana has increased its on-concatenation activities.
Source: https://cointelegraph.com/news/terra-s-mirror-protocol-warns-community-against-governance-attack
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