TechFlow reports that on November 5, Terra officially announced via social media platform X the permanent shutdown of the Shuttle Bridge interface, as previously stated. As the final step in the shutdown process, all remaining tokens in Shuttle Bridge wallets have been destroyed.
Earlier report: On August 28, Terra reopened the Shuttle Bridge interface, which remained accessible for 30 days following the effective date of Terraform Labs’ Chapter 11 bankruptcy plan (expected around October 30, 2024). After the bridge closure, assets remaining in the contracts were to be destroyed and the bridge permanently shut down.
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