Terraform Labs Discusses Potential Transfer Of Operations For Key Products And Services

According to Foresight News, Terraform Labs, the developer behind the Terra ecosystem, is currently in discussions with third parties regarding the potential transfer of operations for several of its products and services. Should these discussions fail, the company plans to shut down the affected products and services by October 30, 2024. The products impacted include Enterprise, Warp, Station Wallet, and Alliance Hub. On the services side, the shutdown would affect Finder Block Explorer, Foundation, IBC Relayer, Mantlemint, FCD, and API services.