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Terra has officially suspended block production as of 21:58 EST on Thursday, May 12th. Prior to the decision, Terra had managed to restart the blockchain network at 13:45 EST on Thursday afternoon, but the revival didn’t last.
Terra in Fear of Hacker Attacks
Terra attempted a manual restart of the network to prevent potential governance attacks, which becomes more likely as network vulnerability increases. In the wake of Terra’s native token, LUNA, dropping from an ATH of $119.18 all the way down to the bleak price of $0.00003365 within the span of a month, the current landscape presents a perfect oportunity for hackers to
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Continue reading Terra Switched Off Indefinitely, LUNA & UST Barely Alive at DailyCoin
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