⬇ -11 Warning: Another stablecoin loses peg – DEI team working to restore the peg cryptocurrency
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Luna Foundation Guard Breaks the Silence and Reveals How Much Was Spent to Defend UST's PegThe Luna Foundation Guard revealed how much they spent in their failed attempt to defend the UST peg.
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Finder's Poll Conducted Weeks Before Terra's Fallout Predicted LUNA Would Tap $143 This Year – Bitcoin NewsAccording to the poll recorded before the de-pegging, Finder’s experts predicted LUNA would be $143 before the end of the year.
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Luna Foundation Guard Discloses Usage of Bitcoin Reserves – Bitcoin NewsThe Luna Foundation Guard (LFG), the organization tasked with safeguarding the peg of UST, has broken its silence to explain the fate of the Bitcoin reserves used during the depeg incident.
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Luna Foundation Guard 80,000 Bitcoin Lighter After Failing to Defend UST Peg | CoinMarketCapOut of over 80,000 Bitcoin previously in LFG's holding, 313 $BTC remains LFG also sold $50 million in $USDT and $USDC to defend the $UST peg. Besides $BTC, the reserves still hold 40K $BNB and 1.97M $AVAX 👇
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UST’s Bitcoin Reserve Too Late in Coming to Save Dollar Peg.LFG_org’s proposed cryptocurrency reserve could have been a lifeline for $UST, but it came too little too late, says Vetle Lunde, analyst at the Norway-based crypto research firm Arcane Research.
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