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Spotlight

GAME OVER! Terra Blockchain Stops Functioning After LUNA Price Crash

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The final nail in the coffin has been hammered! The Terra Blockchain has officially seized operating!!!

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The LUNA cryptocurrency, based on Terra blockchain crashed over 99% in less than a week!

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Millions of LUNA holders have been liquidated with thousands going broke and losing their life savings.

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TerraUSD, the stabelcoin associated with LUNA also lost its stability and parity with US dollar and lost its peg to fall below $1 for the first time ever.

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The LUNA crash has sent shockwaves across the crypto amrkets and investors have finally been met with the news which confirms that the GAME IS OVER!

terrausd

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Terra Blockchain announced that it is officially halting all network activity to prevent any further governance attacks!

terrausd

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Taking to Twitter, it wrote: Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack.

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LUNA/USDT futures contract will also be delisted from the crypto exchange Binance and investors will be liquidated!

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