Kiruse, a developer associated with Terra, has reported that the phishing site masquerades as the authentic Terra website, attempting to extract sensitive details from users. The malicious site employs a false update popup, deceiving users into divulging crucial phrases that endanger the safety of their keys and funds.
The Terra team is working to restore the website and fix the security issue. In the meantime, users should be vigilant and have been recommended to forgo updating their Terra Station Wallet in order to prevent potential financial losses.