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Terra announced the bankruptcy confirmation hearing date for Terraform Labs in its Chapter 11 bankruptcy case.
Terra announced that it will be upgrading its network tonight. Transactions will be temporarily suspended.
After experiencing disruptions, the Terra blockchain has finally resumed normal operations.
Terra has extended the deadline for claiming damages for Terraform Labs' bankruptcy to August 22, 2024 at 12:00 pm CET.
Terra stated that the deadline for filing bankruptcy claims is August 10, 2024 at 06:00 WIB.
