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Zilliqa blockchain halts transactions due to block production issue

The Zilliqa blockchain network today encountered a significant technical disruption, impacting its block production.  As the technical team at Zilliqa delves into the issue to pinpoint and rectify the cause, the company has issued a cautionary recommendation to halt all deposits and withdrawals on the network. Block production is a vital process for the continuity and stability of any blockchain network. It involves the creation of new blocks that record and validate transactions. An interruption in this process can lead to delays in transaction processing and potentially impact the network’s overall functionality. Dear community, We are writing to inform you of a critical situation currently impacting the Zilliqa block chain network. The network is presently experiencing a technical issue that has resulted in an interruption to block production . This unexpected challenge is our top… — Zilliqa (@zilliqa) December 18, 2023 You might also like: HNT surges ...

Terra users face domain issue amidst legal drama

Terra users are being urged to exercise caution as a security issue with Terra.money comes to light. The incident occurs against legal turbulence in the crypto world, highlighting the industry’s ongoing struggle for stability. Terra, a blockchain platform renowned for its stablecoin, has recently identified a potential threat to its users’ online safety.  2/ Rest assured, the Terra blockchain is unaffected and your funds remain secure. Updates will be provided as soon as the issue is resolved. Thank you for your understanding and patience. — Terra Powered by LUNA (@terra_money) August 18, 2023 The project’s administrators have sounded an alarm, advising users to avoid accessing domains that end in Terra.money. This precautionary measure aims to prevent users from falling victim to potential phishing threats that may exploit the domain’s vulnerability. Despite this domain-related hiccup, Terra’s blockchain infrastructure remains unscathed...