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MainNewsTerraform La...

Terraform Labs Announces Shutdown of Enterprise, Warp, and Station


by CoinEdition
Terraform Labs Announces Shutdown of Enterprise, Warp, and Station
  • Terraform Labs may shut down key products and services if third-party takeover discussions fail by October 30, 2024.
  • Products like Enterprise, Warp, and Station Wallet could be discontinued without successful third-party management.
  • Critical services like Finder Block Explorer and IBC Relayers are also at risk of being shut down.

Terraform Labs announced the possible shutdown of several key products and services by October 30, 2024. The company is talking with third parties to take over these offerings. If these talks fail, the listed products and services will be discontinued.

Products Facing Potential Shutdown

These products include Enterprise, a decentralized autonomous organization (DAO) framework, known as enterprise_dao. Also on the list is Warp, a cross-chain protocol operating as warp_protocol. Station, a popular cryptocurrency wallet operating as StationWallet, may also be shut down. Finally, the Alliance Hub, another important part of the Terra ecosystem, is at risk.

In addition to products, Terraform Labs also identified several critical services that may be discontinued. These include Finder Block Explorer, a widely used tool for tracking bl…

The post Terraform Labs Announces Shutdown of Enterprise, Warp, and Station appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsTerraform La...

Terraform Labs Announces Shutdown of Enterprise, Warp, and Station


by CoinEdition
Terraform Labs Announces Shutdown of Enterprise, Warp, and Station
  • Terraform Labs may shut down key products and services if third-party takeover discussions fail by October 30, 2024.
  • Products like Enterprise, Warp, and Station Wallet could be discontinued without successful third-party management.
  • Critical services like Finder Block Explorer and IBC Relayers are also at risk of being shut down.

Terraform Labs announced the possible shutdown of several key products and services by October 30, 2024. The company is talking with third parties to take over these offerings. If these talks fail, the listed products and services will be discontinued.

Products Facing Potential Shutdown

These products include Enterprise, a decentralized autonomous organization (DAO) framework, known as enterprise_dao. Also on the list is Warp, a cross-chain protocol operating as warp_protocol. Station, a popular cryptocurrency wallet operating as StationWallet, may also be shut down. Finally, the Alliance Hub, another important part of the Terra ecosystem, is at risk.

In addition to products, Terraform Labs also identified several critical services that may be discontinued. These include Finder Block Explorer, a widely used tool for tracking bl…

The post Terraform Labs Announces Shutdown of Enterprise, Warp, and Station appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Terraform’s May 16 Deadline for UST-Linked Crypto Claims Now in Final Stretch

Terraform’s May 16 Deadline for UST-Linked Crypto Claims Now in Final Stretch

Terraform Labs has issued a final reminder to creditors impacted by the TerraUSD (UST...
UK’s New Crypto Rules: What It Means for Stablecoins and Investors

UK’s New Crypto Rules: What It Means for Stablecoins and Investors

UK crypto regulations are undergoing some pretty significant changes right now as Cha...