Luna Foundation Guard


Finance

Terraform Labs Loses US Appeal Over SEC Subpoena

The court found that the SEC followed its own rules on serving subpoenas.

Terraform Labs CEO Do Kwon. (CoinDesk TV, modified)

Markets

FTX’s Harrison Says Stablecoin Demand Will Survive Terra's Collapse

The head of one of the largest crypto exchanges in the U.S. said fiat-backed stablecoins are still reliable and not risky.

Brett Harrison, head of FTX.US., during an interview with CoinDesk at the World Economic Forum last week in Davos, Switzerland. (CoinDesk)

Learn

The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA

A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.

(Zoltan Tasi/Unsplash, modified by CoinDesk)

Videos

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.

CoinDesk placeholder image

Markets

Terra's New Luna Token Surges 40% After Listing on Binance

Terra's new luna token has attracted more than $850 million in trade volume over the past 24-hours as it begins to build momentum.

(Annie Spratt/Unsplash)

Opinion

Nansen Research Debunks Single 'Attacker' Myth in Terra's Collapse

The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.

TerraUSD's "peg" was supposed to keep holders safe – just like this unfortunate bollard. Neither, apparently, could take the pressure. (Robert Kneschke /EyeEm/Getty Images)

Policy

Korean Police Move to Freeze Luna Foundation Guard Assets: Report

Seoul police are seeking to ban the entity from withdrawing suspected embezzled funds.

The Terra logo inside the luxury club at Nationals Park. (Danny Nelson/CoinDesk)

Policy

Regulators Are Paying Attention to UST

The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.

The SEC is reportedly probing Terraform Labs. (Danny Nelson/CoinDesk)

Videos

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.

Recent Videos

Markets

Avalanche Says Luna Foundation Guard Has 'Disclosed No Plans' for AVAX Tokens

Avalanche, the smart-contracts blockchain, says it is ready to work with Luna Foundation Guard on a “sensible trading strategy” if the tokens were to be sold.

Avalanche (Pixabay)

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