- Mar 13, 2022
- 599
The platform behind the embattled luna cryptocurrency said Thursday afternoon it had temporarily halted its blockchain to stop transactions after the token's price plummeted nearly 100% overnight, making the network more susceptible to a possible attack.
Terra Blockchain Halted To 'Prevent Attacks' After Luna Token Crashes Nearly 100% Overnight
The price of Terra's luna token collapsed to less than a penny on Thursday after trading at about $80 one week ago.
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