Terra (CRYPTO: LUNA) has officially stopped block production as the blockchain’s native token hit a low of $0.000033 on Thursday.
What Happened: An update on Twitter from the network’s official account confirmed that the Terra blockchain had “officially halted” at block 7607789.
The Terra blockchain has officially halted at block 7607789.
Terra Validators have halted the network to come up with a plan to reconstitute it.
More updates to come.
— Terra (UST) Powered by LUNA …
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