The Luna Foundation Guard (LFG), official stewards of Terra’s bitcoin reserves, released a statement today documenting how they disbursed millions of dollars worth of crypto in defense of failed UST stabelcoin’s $1 peg. Source link
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Terra’s pricey Nationals sponsorship hasn’t made an impact on “Terra Club” workers and fans. Source link
Pseudonymous crypto trader and analyst Capo tweets that Cardano (ADA) is bound to go on a massive downward trend. This popular crypto trader with over 307,500 followers on Twitter predicted a massive plunge before the […]
After an eight-year dormancy, a Bitcoin (BTC) Whale unexpectedly moved $30 million worth of BTC. On November 20th, 2013, the exact address received 1,000 BTC worth $567,600 at the time, Blockchair reported. The Bitcoin remained […]
The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST. Source link
According to sources, the BCRA’s decision generated bewilderment among the numerous exchanges operating in Argentina, which have recorded high growth rates in the last three years, largely because Argentines are not prevented from acquiring dollar-pegged […]
Bitcoin (BTC) bounced around $30K on Friday, although some analysts expect a period of low returns. Meanwhile, there has been less interest in stablecoins amid volatility. Source link
Data shows the crypto futures market has taken a $380 million beating over the past day as Bitcoin has rebounded above $30k. Out of this amount, $240 million liquidations have belonged to short traders. Crypto […]
The plan comes as Terra’s terraUSD (UST) stablecoin, which is supposed to be pegged to the price of $1, “death spiraled” below 15 cents this week – wiping out over $30 billion in value. UST’s […]
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