Terra network restarted after nine hours.
With the LUNA and UST crisis raging, Terra had once again shut down the network earlier yesterday. The network resumed block production after a nine-hour hiatus.
https://twitter.com/terra_money/status/1525095111389945857
As we have previously reported, the team first evaluated the network yesterday to evaluate the ongoing crisis and the experience of increasing supply. It was stopped because inflation created security concerns. It was then announced that the network was halted for a second time at block 7607789 “to find a plan to rebuild the network”. As of broadcast time, the network started working again.
According to CoinGecko data, LUNA is trading at $0.000013 and UST at $0.09 at the time of publication.
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