Tech Nuggets with the Technology: Terraform Labs halts Terra block production for the second time in 24 hours "to come up with a plan to reconstitute it", after UST and LUNA collapsed (Sunil Jagtiani/Bloomberg)

Friday, May 13, 2022

Terraform Labs halts Terra block production for the second time in 24 hours "to come up with a plan to reconstitute it", after UST and LUNA collapsed (Sunil Jagtiani/Bloomberg)

Sunil Jagtiani / Bloomberg:
Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute it”, after UST and LUNA collapsed — The blockchain behind the collapsed TerraUSD stablecoin and the affiliated Luna token stopped processing new transactions for the second time in less than a day.

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