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🌕 Step into the future with the new Terra Phoenix website 🌕
1️⃣ Dive deep into the Phoenix Foundation
2️⃣ Explore 30+ groundbreaking projects
3️⃣ Unlock grant funding across key verticals
Join the Phoenix Foundation revolution - for the community!
🌐 phoenix.money
⚠️ SECURITY ALERT - Terra Wallet Users
A @Web3Auth security breach may affect @keplrwallet Terra wallets created using Google or Apple login.
If affected:
• Create a NEW wallet using a recovery phrase (mnemonic).
• Transfer remaining assets immediately.
• Do not send new funds to the old wallet.
A recovery process to protect users is currently being undertaken by Web3Auth. Affected users may see funds being moved to a recovery wallet: terra1g2x3rw8gdh0kdr8e8y4ekpa9ss5z70j8sjwlmh
We have received reports of unauthorized transactions on some Keplr accounts created with Google or Apple login. We flagged this to the @Web3Auth team and have been working with them on the investigation since.
Based on our initial assessment: if you created your Keplr wallet with a recovery phrase or a hardware wallet, you are NOT affected.
If you created your Keplr account with Google or Apple login, your account may be affected. While we investigate:
– Do not send new funds to that account.
– Do not re-import or recreate it anywhere.
– Google/Apple login is paused for now.
– Trust updates only from this account. Ignore DMs or links offering “recovery”.
We will share verified details and next steps here as soon as we have them.
Phoenix Foundation proposes restricting CosmWasm uploads to governance-approved addresses to improve Terra security.
Existing contracts remain unaffected. We're also seeking feedback on third-party KYC for uploaders.
🌐 forum.phoenix.money/t/phoeni…
A new Terra Governance proposal seeks approval for the v2.23.0 chain upgrade, bringing improvements to security, stability and IBC infrastructure.
The proposal also removes three incorrectly restricted wallets following further investigation.
🌐 forum.phoenix.money/t/upgrad…
A new Terra Governance proposal outlines the recovery process following the legacy Terra Station Desktop Ill Bloom compromise.
The proposal includes potential reimbursement of verified claims from the PF Treasury.
🌐 forum.phoenix.money/t/update…
Following the recent compromise of some Terra Station Desktop wallets created before 2022, Phoenix Foundation coordinated an emergency chain upgrade to protect affected funds.
Our latest report covers the incident in detail.
Read the full report 👇
medium.com/@PhoenixDirective…
Updated APRs this week on Terra Liquidity Alliance.
🌐 erisprotocol.com/terra/liqui…
Upgrade Terra to to v2.22.0 will happen at height 23,165,000 (October 6 at approximately 14:50 UTC).
Affected wallets will be temporarily frozen pending a decision by Terra Governance. This helps protect user funds while the community determines the appropriate next steps.
⚠️ WALLET SECURITY NOTIFICATION
We’ve been informed of potential fund losses affecting older Terra wallets.
Our tracing indicates wallet addresses created with Station Desktop before 2022 may no longer be secure.
If you have funds on an old address - we advise moving those funds to another wallet e.g. created using @keplrwallet
If you have an impacted wallet with undelegating LUNA, contact @cosmosrescue for guidance.
⚠️ WALLET SECURITY NOTIFICATION
We’ve been informed of potential fund losses affecting older Terra wallets.
Our tracing indicates wallet addresses created with Station Desktop before 2022 may no longer be secure.
If you have funds on an old address - we advise moving those funds to another wallet e.g. created using @keplrwallet
If you have an impacted wallet with undelegating LUNA, contact @cosmosrescue for guidance.
With an updated version of $USDC on Terra, there are some new liquidity pools available on Terra Liquidity Alliance.
There are the pools available with the new USDC.inj 🥷🌕
New USDC.inj pools will go live on TLA on Monday.
USDC migration is now live. All $USDC.n pools will be delisted from Liquidity Alliance.
🌐 migrate-usdc.phoenix.money/
Terra Liquidity Alliance has some strong APRs across the board.
The $LUNA - $FUEL LP from @Boost_DAO takes top position this week.
Update from Astroport about the attack on Neutron chain.
We are aware of a potential ongoing incident affecting Astroport on Neutron. The Neutron team has temporarily halted the chain to investigate.
As a precautionary measure, Phoenix Foundation recommends that Terra users withdraw their LPs, as tokens, from Astroport.
Terra validators, @binance are prepared for the upcoming network upgrade, are you?
Upgrade height: 22942000
Estimated Time (UTC): Sep 21st 2026, 14:48:34
binance.com/en/support/annou…
The @Boost_DAO LUNA–FUEL LP moves above 130% APR this week.
Here are the top Liquidity Alliance APRs on Terra.
Terra v2.21.0 is planned for September 21.
This upgrade is focused on strengthening network security and stability: the infrastructure behind every transaction and app on Terra.
No action is required from users. A brief network pause may occur while validators upgrade.
Binance withdrawals to Terra are now fully restored following the latest security upgrades across Cosmos chains.
LUNA–ROAR takes the top spot in this week's Liquidity Alliance leaderboard.
Here are the top APRs on Terra.
Smartstake analytics is a great place to research the Terra network 🌕
Price is only one way to evaluate a blockchain network.
Metrics like circulating supply, block time, market cap, and total token supply provide useful context on network activity and structure.
Explore Terra’s network statistics on Smart Stake.
analytics.smartstake.io/terr…
