May 17, 2022 2:23 PM
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Blockchain behind collapsed UST resumed activity

by: Ahana Sarker

blockchain behind stablecoin

Blockchain behind collapsed UST resumed activity

by: Ahana Sarker

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TW Newsdesk, May 13: The blockchain behind stablecoin TerraUSD, as well as UST, along with its affiliated LUNA token has resumed activity after a nine-hour halt on May 13. The Terra blockchain had stopped processing its new transactions for the second time within less than a day.

This has happened after UST and LUNA has collapsed. Several crypto exchanges, including WazirX, CoinDCX as well as CoinSwitch Kuber, have delisted LUNA from their platforms on May 13.

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