TerraCVita recently announced plans to relaunch Terraport, the hack-ravaged DeFi platform, and the audit by Certik is now underway. Certik is a renowned, blockchain security firm and the team awaits to receive findings. This move comes amidst multiple warnings from some community members and developers, who previously requested a thorough security audit on the platform.
Although some members of the Terra Classic community remain skeptical, there are also some who show renewed support for the project. Recently, Asobs and reXx uncovered that blockchain data implies that Terraport distributed an extra 30 million tokens in private sales, but this was not indicated in the whitepaper. Their discoveries led to scepticism in the crypto space as a strange wallet was discovered that had received up to 20 million tokens.
Despite the controversy and the hack, TerraCVita is pushing forward with their audit and plans to relaunch Terraport with the help of Certik. As a result, Terra Classic chain is expected to be revitalized and provide new opportunities to different stakeholders. It will be interesting to see how the relaunch will unfold and how the audit results of Certik will shape the future of Terraport.
Alina Sanders
- 2023-04-25
Terraport is Being Relaunched and Undergoing Security Audit by Certik
TerraCVita is pushing forward with plans to relaunch its hack-ravaged DeFi platform, Terraport, with the help of a vigorous security audit from renowned blockchain security firm Certik. Different stakeholders are awaiting the audit results as Terra Classic chain is expected to be revitalized by the relaunch.
