The algorithmic stablecoin TerraUSD (UST) collapsed almost one year ago, but some Terra-related projects are still underway and are trying to overcome some issues.
Terraport Finance, a decentralized finance (DeFi) exchange project based on the Terra Classic blockchain, suffered a breach on its liquidity wallet on April 10. Announcing the news on Twitter, Terraport said that the hacker drained all liquidity pools from the platform, causing losses of about $2 million worth of digital assets.
source: https://cointelegraph.com/news/terra-defi-project-terraport-suffers-2m-hack-days-after-launch
