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UST depegging – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 05 Jan 2023 21:30:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png UST depegging – DIGIT INFO https://www.digit.info 32 32 Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process https://www.digit.info/three-arrows-capital-founders-served-subpoenas-via-twitter-in-bankruptcy-process/ Thu, 05 Jan 2023 21:30:59 +0000 https://www.digit.info/2023/01/05/three-arrows-capital-founders-served-subpoenas-via-twitter-in-bankruptcy-process/ Read more]]> Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy ProcessThe founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it has happened on various occasions in the past, including when Wikileaks was served on Twitter in 2018. Founders of Defunct Crypto Hedge Fund Contacted Electronically […]

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Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg https://www.digit.info/terras-2-8b-defense-system-luna-foundation-guard-audit-says-group-spent-more-than-80000-bitcoin-defending-ust-peg/ Wed, 16 Nov 2022 21:30:08 +0000 https://www.digit.info/2022/11/16/terras-2-8b-defense-system-luna-foundation-guard-audit-says-group-spent-more-than-80000-bitcoin-defending-ust-peg/ Read more]]> Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent 80,081 bitcoin and 49.8 million stablecoins, which add up to […]

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