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Tag: foundation guard

Do Kwon Says Alameda Instigated Terra’s Downfall-Suggests FTX’s Collapse Is Deserved

Advertisement &nbsp &nbsp Do Kwon has accused FTX’s founder Sam Bankman-Fried and Alameda Research of manipulating the market, leading to the collapse of TerraUSD...

Castles Made of Sand Dollars: SBF, FTX, and other Three Letter Agents

The story of Bitcoin has certainly had its fair share of nefarious characters, criminal activity, bad haircuts and worse wardrobes, and yet our anti-hero...

3AC subpoenas issued as dispute grows over claims of Terraform dump

A federal judge overseeing Three Arrows Capital’s (3AC’s) bankruptcy proceedings has signed an order approving subpoenas to be delivered to 3AC’s former leadership, including...

2022 in Review: the Top 10 Crypto Villains of the Year

Key Takeaways Several ego-driven crypto personalities suffered huge falls from grace in 2022. Terra's failure exposed some of the crypto ecosystem's biggest villains. Policymakers and...

Audit Shows Terra Groups Spent $3.4B to Defend Dollar Peg in UST

Terraform Labs Commissioned Study to Quantify Support for Stablecoin During May Crisis In a bid to quell speculation about how Terra defended its stablecoin UST...

Weekly Recap: FTX Files for Bankruptcy, Triggering Contagion Across the Lending Industry

Alameda CEO Confesses to Using Customer Funds While SBF May Have Used a ‘Backdoor’ The New York Times reported that Caroline Ellison, the CEO...

Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg – Bitcoin News

Months after the collapse of Terra’s U.S. dollar-pegged token UST, the group created to guard the once-stable coin, the Luna Foundation Guard (LFG), printed...

The Plan for Terra’s ‘Return to Form’ After Big Collapse, According to Do Kwon

<!-- --> Following what may go down as the most dramatic crypto catastrophe of all time, Terra Labs founder Do Kwon...

Coinbase Report Says Capitulation Mostly Over, Bitcoin Supply Shock In Play

<!-- --> Research from Coinbase suggests that the worst of a macro capitulation for crypto markets is behind us, with a...

After Buying $500 Million Of Bitcoin, What Will Luna Do With It?

Luna has purchased more than 11,700 bitcoin, worth about $520 million, to build a reserve for its stablecoin UST. But what does that mean exactly?

Luna Foundation Guard Has Raised $2.2 Billion for Terra Stablecoin UST’s $BTC Reserves

The founder of Terra ($LUNA) has recently revealed that the Luna Foundation Guard (LFG) has raised $2.2 billion to create a Bitcoin ($BTC) reserve for the protocol’s UST stablecoin. Do Kwon’s words come shortly after the LFG raised $1 billion through a private sale. Terra is a Proof of Stake (PoS) blockchain in which LUNA is used […]

Terra Enters Partnership Campaign With OpenOcean After Community Approval

Terra Enters Partnership Campaign With OpenOcean After Community Approval

Luna Foundation Guard (LFG) in Singapore has already collected $2.2 billion. Selling UST in exchange for Tether brought in $1.2

The post has appeared first on thenewscrypto.com

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