2022-11-16
CoinDesk
7 related
An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs spent $613M trying to defend the UST stablecoin in May 2022
Terraform Labs founder Do Kwon dismissed similarities with the collapse of FTX. — Luna Foundation Guard (LFG) …
2022-05-10
CoinDesk
22 related
CoinMarketCap: UST stablecoin loses its USD peg, falling as low as $0.60, after the Luna Foundation Guard pledges $1.5B of its bitcoin reserves to support UST
Despite Loan From Bitcoin Reserves The Block : Crypto researcher unpacks why UST broke down and what happens next Brian Newar / Cointelegraph : Terra peg mechanism in doubt as UST crashes to $0.67 Rya...
2022-04-15
The Block
3 related
Terraform Labs, which runs the Terra blockchain and UST stablecoin, gifts 10M LUNA tokens, worth ~$880M, to the Luna Foundation Guard, likely to underpin UST
2022-04-14
The Block
1 related
Terraform Labs, which runs the Terra blockchain and UST stablecoin, gifts 10M LUNA tokens, worth ~$880M, to the Luna Foundation Guard, likely to underpin UST
Quick Take — Terraform Labs said it ‘gifted’ 10 million ($880 million) worth of LUNA tokens to Luna Foundation Guard.
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