Terraform Labs has completed a “mind-blowing transaction” according to a blog post as it donates 10 million $LUNA at a value of around $880 million. TFL has gifted an additional 10 million $LUNA to the @LFG_org. https://t.co/tNirkgGGm0 — Terra 🌍 Powered by LUNA 🌕 (@terra_money)… Read More
Read more in: Asia, Blockchain & Digital Assets | Tagged luna, luna foundation, singapore, stablecoins, terra, terraform labs
The Luna Foundation Guard (LFG), a recently formed non-profit to support decentralization, economic sovereignty, and foster the growth of the Terra ecosystem, “will add AVAX to its new UST Decentralized Forex Reserve.” By diversifying the base of non-correlated assets “to major assets like BTC and… Read More
Read more in: Blockchain & Digital Assets, General News | Tagged avax, avax tokens, decentralization, dr. emin gün sirer, luna foundation, luna foundation guard, smart contract, smart contracts, terra, ust
Luna Foundation Guard, which secured $1 billion to establish a Bitcoin reserve for the UST stablecoin, has confirmed that the funding would be channeled towards creating a new reserve that may serve as a release valve for UST redemptions at the time of selloffs in… Read More
Read more in: Asia, Blockchain & Digital Assets, Global, Opinion | Tagged bitcoin, btc, crypto-assets, digital assets, luna foundation, luna foundation guard, sec, singapore, southeast asia, stablecoin, stablecoins
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