Luna Foundation Guard Acquires $1.5B in Bitcoin to Reinforce Stablecoin Reserves
The purchase brings LFG's holdings to more than 80,000 bitcoins, or nearly $3 billion.
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May 5, 2022 at 4:40 p.m. UTC
May 5, 2022
Terra
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'Revolution' Promised by Tron's Justin Sun Looks Like Clone of Terra's Algorithmic Stablecoin
Tron, an Ethereum competitor blockchain, is the latest to launch an algorithmic stablecoin inspired by the success of Terra’s UST. It has lofty goals for USDD, but not much el...
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May 4, 2022 at 9:16 p.m. UTC
May 4, 2022
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Terra to Provide UST Liquidity on Polygon-Based SynFutures
Terra will provide liquidity for TerraUSD (UST) trade pairs on Polygon-based decentralized finance (DeFi) exchange SynFutures as the stablecoin continues to grow in popularity...
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May 4, 2022 at 6:49 p.m. UTC
May 4, 2022
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Hester Peirce Sounding Off on SEC’s Plans for More Crypto Enforcement Staff
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce discusses her opposition to the addition of 20 new jobs on the regulatory agency’s crypto enforcement...
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May 4, 2022 at 3:29 p.m. UTC
May 4, 2022
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Terra to Provide UST Liquidity on Polygon-Based SynFutures
SynFutures processed over $266 million in trades over the past week.
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May 4, 2022 at 6:28 a.m. UTC
May 4, 2022
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First Mover Asia: Singapore’s Distaste for Retail Crypto Spooks Institutional Money
Three Arrows Capital's decision last week to move its headquarters to Dubai reflects growing concerns about the city-state's increasing regulatory scrutiny of crypto; bitcoin...
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May 1, 2022 at 11:35 p.m. UTC
May 1, 2022
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LUNA Supply Drops to All-Time Low – But Don’t Call It Deflationary
To keep up with the demand for Terra’s UST stablecoin, LUNA tokens are burned to maintain the $1 peg. All things being equal, less supply could help to support the price.
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Apr 27, 2022 at 5:40 p.m. UTC
Apr 27, 2022
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Dogecoin, Terra Fall Steepest Among Major Cryptos as Long Traders Lose $280M
Digital assets lost 3.5% in capitalization over the past 24 hours but gradually recovered during European morning hours on Wednesday.
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Apr 27, 2022 at 10:26 a.m. UTC
Apr 27, 2022
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Decentralized Forex Is Coming to Terra: Vertex Protocol Raises $8.5M
The protocol seeks to expand DeFi liquidity to non-U.S. dollar pegged stablecoins.
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Apr 26, 2022 at 1:00 p.m. UTC
Apr 26, 2022
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Fireblocks Sees $500M Stampede Into Terra DeFi in First Week
Pent-up demand for Terra’s ecosystem among Fireblocks’ early access program hedge funds and wealthy investors has been “crazy.”
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Apr 26, 2022 at 1:00 p.m. UTC
Apr 26, 2022