Cryptocoins News / Blockchain - 2 years ago
The Luna Foundation Guard (“LFG”), primarily focused on the Terra blockchain, its TerraUSD (“UST”) stablecoin reserve by purchasing $100 million worth of Avalanche tokens. The native token of the Avalanche blockchain becomes the second-largest asse...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Terraform Labs (TFL) and the Luna Foundation Guard (LFG) have announced they have purchased a combined $200 million worth of Avalanche (AVAX) tokens from the Avalanche Foundation. TFL, the company responsible for the development of the Terra blockcha...
Cryptocoins News / NewsBTC - 2 years ago
Crypto Insiders founder Zoran Kole revealed the possible launch of a Near Protocol native stablecoin. Via a substack post, Kole claimed the digital asset will be announce on April 20 as an algorithmic stablecoin called USN. Related Reading | TA: Ter...
Bitcoin News / Bitcoinist - 2 years ago
The growth of the web3 space has been unprecedented and unstoppable. Be it cryptocurrencies to the Metaverse and NFTs, and even Decentralized Finance (DeFi), the space is ever-growing, and those who know how to tap it right can advance the growth sig...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitc...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Terra, the Blockchain outfit using Bitcoin (BTC) to back its new United States dollar stablecoin, has bought over 5,000 BTC.Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, now totaling to 35,768 BTC.Terra buys the...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
Stablecoin wars are progressing to the next stage. Stablecoins are a huge part of the defi infrastructure, and whoever controls stablecoin market stands to gain the most adoption in the space. This is why commercial banks and even central banks...
Cryptocoins News / Blockchain - 2 years ago
The growth and successes of the (DeFi) protocol are marked by a number of markers, one of which is the total assets deposited on the protocol. For Anchor Protocol, a lending and borrowing protocol built atop the Terra blockchain network, its total...
Cryptocoins News / The Cointelegraph - 2 years ago
Terraform Labs CEO Do Kwon has conceded that a crash in the price of Bitcoin (BTC) would be “negative” for the stability of the TerraUSD (UST) stablecoin but that he expects Bitcoin to go up.Terraform Labs is the entity behind the Terra blockchain pl...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. NovaTerra is a Metaverse MMORPG featuring a play-to-earn model. The game is set in a post-apocalyptic future, where humanity has turned the planet into a barren wasteland. Following the planet-wide devastation, massive drought has made...
Cryptocoins Exchanges / Binance - 2 years ago
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Cryptocoins News / NewsBTC - 2 years ago
Terra (LUNA) has secured an all-time high at $109 amidst its newest developments. Market sentiments also continue to remain positive in the past 24 hours, with Bitcoin trading close to $48k. LUNA happens to be one of Terra’s native tokens, Terra net...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Watch out Michael Saylor! Do Kwon, CEO of Terraform Labs, is hot on the heels of MicroStrategy’s CEO. The Terra wallet has now amassed almost $1.5 billion in Bitcoin (BTC) following another huge BTC purchase. The wallet address thought to belong to T...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) hinted at a welcomed retracement overnight into March 30 after relentless upside failed to flip $48,000 to support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC still on target to crack $50,000Data from Cointele...
Bitcoin News / Bitcoinist - 2 years ago
Terra total value locked (TVL) is on the rise. The network had quickly grown to become one of the top decentralized finance (DeFi’0 contenders in the space, surpassing well-established and popular networks like the Binance Smart Chain (BSC). While Te...
Cryptocoins News / CoinJournal - 2 years ago
Terra plans to buy and hold up to $10 billion worth of Bitcoin, a massive haul of the flagship cryptocurrency that Terraform Labs says will be used to back the stablecoin TerraUSD (UST). Instead of Terra holding cash reserves and other cash equival...
Cryptocoins News / The Cointelegraph - 2 years ago
Terra (LUNA) rose to its best level to date on March 29 as the Luna Foundation Guard's (LFG) plans to increase its Bitcoin (BTC) reserves eased anxiety about the impact of an increasingly hawkish Federal Reserve and the ongoing Ukraine-Russia war on...
