Luna Foundation Guard says the company depleted its bitcoin reserves from ~80K to 313 and plans to use its remaining assets to compensate UST users
Luna Foundation Guard says its bitcoin reserves have depleted from ~80K to ~300 and the remaining UST and LUNA tokens will be used to compensate investors
The announcement comes after criticism of the Luna Foundation Guard's “lack of transparency.” — The Luna Foundation Guard (LFG) … Source: @lfg_org .
Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers
Quick Take — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.
Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers
Quick Take — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.
Sources: Luna Foundation Guard aims to raise $1B+ to shore up its UST stablecoin; one deal in negotiations offers LUNA tokens for 50% off
which is meant to be pegged to the dollar — plummets below 30 cents Bloomberg : TerraUSD Backers Seek $1.5 Billion Rescue, Cashaa CEO Says Tweets: Larry Cermak / @lawmaster : The details I have heard ...
A look at Do Kwon's algorithmic stablecoin UST, designed to trade at $1 but which has been in freefall; CoinMarketCap says there are ~14.8B UST in circulation
Earn ~21% on DFX Finance's EURS/USDC pool! Liam ‘Akiba’ Wright / CryptoSlate : Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST Osato Avan-Nomayo / The Block : Korean crypto ...
Luna Foundation Guard acquires $1.5B in bitcoin to bolster the reserves of its most popular stablecoin US Terra, bringing its holding to about ~$3.5B in bitcoin
Luna Foundation Guard acquires $1.5B in bitcoin to bolster the reserves of US Terra, its most popular stablecoin, bringing its bitcoin holding to ~$3.5B
The Luna Foundation Guard has acquired $1.5 billion in bitcoin to bolster the reserves of its most popular stablecoin, known as U.S. Terra.
Singapore-based Luna Foundation Guard, a non-profit building reserves for the Terra (UST) stablecoin, plans to buy $100M worth of Avalanche tokens
MK Manoylov / The Block :
Singapore-based Luna Foundation Guard, a non-profit building reserves for the Terra (UST) stablecoin, plans to buy $100M worth of Avalanche tokens
The Luna Foundation Guard (LFG), a Singapore-based nonprofit building reserves for the stablecoin Terra (UST), announced Thursday …