The Luna Foundation Guard (LFG) Monday said it is looking to use assets remaining with it to compensate UST users, prioritizing the smallest holders first. See related article: News of LUNA’s demise…
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Do Kwon wants UST reserves to hit $10 billion in bitcoin LFG partnered with Genesis Trading and Three Arrows Capital to complete the purchase With help from Genesis Trading and Three Arrows Capital,... [[ This is a content summary only. Visit my website for full links, other content, and more!…
Luna Foundation Guard (LFG) said on May 9 that it will lend out $1.5 billion worth of Bitcoin (BTC) and UST to defend the algorithmic stablecoin’s peg to the U.S. dollar. Terra’s UST suffered a... [[ This is a content summary only. Visit my website for full links, other content,…
As the Terra stablecoin becomes depegged from the U.S. dollar, the biggest buyer of bitcoin in recent months could become its biggest forced seller. The below is an excerpt from a recent edition of... [[ This is a content summary only. Visit my website for full links, other content, and…