Luna Terra Resumes Block Production, UST and LUNA Price Drops Lower

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After halting the blockchain for roughly 10 hours, Luna Terra officially resumed its block production approximately an hour ago, enabling traders to move their LUNA off exchanges and encouraging users to bridge off-chain assets, such as bETH, to their native chains. The tragic turn of events causing thousands of users to lose more than 99% of their portfolio is a historic moment in crypto and a valuable lesson for those investing in projects they don’t fully understand. Luna Terra is Officially Dead There’s no other way to say it. LUNA is officially dead after losing billions of dollars in market

The post Luna Terra Resumes Block Production, UST and LUNA Price Drops Lower appeared first on The Merkle News.

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