The Terra blockchain has resumed block production.
Delegations are disabled now that the chain is live with the new code merge.
Validators, please check the Discord announcements for the latest patch notes.
Funding rate of shorting #TRX on @binance is over 100% APR. It seems that TRX is the next target after LUNA. @trondaoreserve will deploy 2 billion USD to fight them.
Want to know if your money is “safe”? Think about whose liability your money is.
Bank deposits up to $250k and €100k are effectively a liability of the government due to deposit insurance schemes.
Treasuries are a liability of the government.
Stablecoins are a liability of?
These last days have been some of the wildest in crypto.
The ripple effects of this are massive: all the apps building on Anchor and Terra, the whole Cosmos ecosystem, confidence in ago stables, confidence in DeFi in general, and the whole market going down (temporarily).
I don't think the attackers want to see $LUNA & $UST fail. They're just manipulating the market to make money.
Disgusting behaviour, but it's true.
$UST and $LUNA will recover in time.