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3232Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
https://www.digit.info/luna-foundation-to-lend-1-5-billion-in-bitcoin-and-ust-to-market-makers-plan-aims-to-protect-stablecoins-1-parity/
Mon, 09 May 2022 15:30:52 +0000https://www.digit.info/2022/05/09/luna-foundation-to-lend-1-5-billion-in-bitcoin-and-ust-to-market-makers-plan-aims-to-protect-stablecoins-1-parity/Read more]]>As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to $0.985 per unit against tether (USDT), and the stablecoin’s price drop invoked a great deal of speculation concerning UST losing […]
]]>Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC
https://www.digit.info/luna-foundation-acquires-1-4-billion-in-bitcoin-decentralized-reserve-stash-rises-to-80394-btc/
Thu, 05 May 2022 18:30:36 +0000https://www.digit.info/2022/05/05/luna-foundation-acquires-1-4-billion-in-bitcoin-decentralized-reserve-stash-rises-to-80394-btc/Read more]]>According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth just under $3 billion using today’s exchange rates. Luna Foundation Guard Scoops up 37,863 Bitcoin On May […]
]]>Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance
https://www.digit.info/luna-foundation-buys-2508-bitcoin-for-100-million-stash-is-only-495-btc-away-from-teslas-balance/
Wed, 13 Apr 2022 16:30:00 +0000https://www.digit.info/2022/04/13/luna-foundation-buys-2508-bitcoin-for-100-million-stash-is-only-495-btc-away-from-teslas-balance/Read more]]>On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s bitcoin treasury stash. Luna Foundation Adds More Bitcoin to […]
]]>Terra’s Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million
https://www.digit.info/terras-luna-foundation-scoops-up-4130-bitcoin-worth-176-million/
Sun, 10 Apr 2022 15:30:46 +0000https://www.digit.info/2022/04/10/terras-luna-foundation-scoops-up-4130-bitcoin-worth-176-million/Read more]]>On Sunday, April 10, 2022, the Terra (LUNA) project and Luna Foundation Gaurd (LFG) acquired 4,130 bitcoin worth $176.1 million at the time of settlement. Using today’s bitcoin exchange rates, LFG now has a total of 39,897.98 bitcoin worth $1.7 billion. Luna Foundation Gaurd Obtains $176 Million in Bitcoin for the UST Decentralized Forex Reserve […]
]]>Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve
https://www.digit.info/luna-foundation-to-add-100-million-in-avax-to-the-ust-decentralized-forex-reserve/
Fri, 08 Apr 2022 06:30:46 +0000https://www.digit.info/2022/04/08/luna-foundation-to-add-100-million-in-avax-to-the-ust-decentralized-forex-reserve/Read more]]>Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens. LFG detailed on Thursday that the purchase is meant to strategically align the Terra network with Avalanche ecosystems. LFG to Add $100 Million in Avalanche Backing to […]
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to $0.985 per unit against tether (USDT), and the stablecoin’s price drop invoked a great deal of speculation concerning UST losing […]
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth just under $3 billion using today’s exchange rates. Luna Foundation Guard Scoops up 37,863 Bitcoin On May […]
On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s bitcoin treasury stash. Luna Foundation Adds More Bitcoin to […]
On Sunday, April 10, 2022, the Terra (LUNA) project and Luna Foundation Gaurd (LFG) acquired 4,130 bitcoin worth $176.1 million at the time of settlement. Using today’s bitcoin exchange rates, LFG now has a total of 39,897.98 bitcoin worth $1.7 billion. Luna Foundation Gaurd Obtains $176 Million in Bitcoin for the UST Decentralized Forex Reserve […]
Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens. LFG detailed on Thursday that the purchase is meant to strategically align the Terra network with Avalanche ecosystems. LFG to Add $100 Million in Avalanche Backing to […]