Urgent update regarding UST and LUNA

May 12, 2022
Newton Team
May 12, 2022
Urgent update regarding UST and LUNA

Update: Since the time of this post, all trading (buying and selling) and has been been reenabled for LUNA, withdrawals have been reenabled for both LUNA and UST, and funding remains disabled for both.

Please refer to our status page for real-time updates.

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We will continue to support UST and LUNA sells for as long as possible. However, our ability to support trading is contingent on our liquidity providers’ ongoing support of these crypto assets, and, it is possible that all trading (buys and sells) on UST and LUNA on Newton’s platform may need to be suspended soon. We will continue to monitor this situation closely and provide updates as often as possible to our users.

At time of writing, the Terra blockchain has been halted. As a result, no new transactions can be logged on the network. This is a developing situation which Newton will be monitoring closely. You can also follow Terra’s twitter for live updates.

We thank you for your patience and understanding during this time. Please continue to monitor our status page, Twitter, Reddit, and Discord for updates.

Disclaimer:

Crypto assets held in an account with Newton Crypto Ltd. (Newton) are not protected by the Canadian Deposit Insurance Corporation, the Canadian Investor Protection Fund, or any other investor protection insurance scheme. This communication and any information about Newton in this email or other platform-based or platform-generated communications, are for informational purposes and not intended as a solicitation or advertisement for Newton.

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