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Luna Foundation Guard
Luna Foundation Guard Spent $2.8B in Crypto Defending UST Peg
Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8 billion of crypto trying to defend the peg of algorithmic stablecoin TerraUSD (UST) in May, according to a third-party audit by consultancy firm JS Held. "The Hash" hosts discuss the key findings.
South Korean Prosecutors Say Reports of Do Kwon’s Stopover in Dubai ‘Not False’: Bloomberg
Terra blockchain creator Do Kwon, who said he is not on the run, is rumored to have left Singapore for Dubai according to South Korean prosecutors telling Bloomberg. Merkle Science co-founder and CEO Mriganka Pattnaik discusses what we know so far and the outlook for algorithmic stablecoins. Plus, insights into tracking Luna Foundation Guard's bitcoin (BTC) reserves.
The Rise and Fall of Terra vs. Bitconnect
CoinDesk’s Nikhilesh De discusses how the $14 billion crash of Luna Foundation Guard’s Terra protocol compares with the $2.4 billion global Bitconnect Ponzi scheme. Plus, CoinDesk’s Sam Kessler on what the future holds for stablecoins.
Avalanche Says Luna Foundation Guard Has ‘No Plans' for AVAX Tokens
Smart-contract blockchain Avalanche said in a tweet that Luna Foundation Guard (LFG), the entity behind Terra blockchain's failed UST stablecoin, has “disclosed no plans” for the 2 million AVAX tokens currently sitting in its treasury. "The Hash" hosts discusses the "collaboration gone wrong" and why this is a developing story to watch.
Nakuha ng Hashed Wallet ang $3.5B Hit, Ibinunyag ng Delphi Digital ang Pagkalugi Pagkatapos ng Pagbagsak ng LUNA ni Terra
Sinabi ng Delphi na ang mga token ng LUNA ay umabot sa 13% ng mga asset nito sa ilalim ng pamamahala sa kanilang pinakamataas, habang ang Hashed ay lumilitaw na nawalan ng higit sa $3.5 bilyon.
Where Did Luna Foundation Guard's 80K BTC Reserve Go?
Luna Foundation Guard's (LFG) bitcoin reserve has depleted almost entirely from around 80,000 BTC to about 300 BTC. Solidus Labs Chief Operating Officer Chen Arad shares insights into what happened to the assets in LFG's reserve and what this reveals about the long-term prospects of the wider crypto markets.
Terra’s UST and LUNA Collapse: How the Crisis Unfolded
TerraUSD (UST), an algorithmic stablecoin that is supposed to stay pegged to the dollar collapsed over 90% over one week.