The Terra blockchain has resumed activity following a halt of around nine hours while validators plotted a route out of its ongoing crisis.
- The blockchain was halted at block 7607789 slightly after 3:00 UTC Friday. Blocks 7607790 and 7607791 then came through at around 11:27 UTC.
- Following the resumption of the blockchain, Terraform Labs, the company behind the Terra ecosystem, tweeted that network validators have disabled on-chain swaps and Inter-Blockchain Communication (IBC) protocols have been closed. It encouraged users to "bridge off-chain assets, such as bETH, to their native chains."
UPDATE (May 13, 12:57 UTC): Added tweet info in second bullet point.
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