**Terraform Labs to Shut Down Services by Oct. 30 Amid Wind-Down Efforts**

Terraform Labs has announced it will cease several products and services by October 30 unless third parties step in. This move follows their June settlement with the SEC.

- **Services on the Block**: Luna Foundation Guard, blockchain explorer, and API services.

- **Community Involvement**: Terraform's community may need to take over some operations. Discussions with potential buyers are ongoing but not progressing ideally.

- **Bankruptcy Background**: Terraform filed for bankruptcy in January and settled with the SEC for $4.47 billion in June. A Delaware judge approved the bankruptcy plan on September 20.

Stay tuned for updates as the deadline approaches.