Terra (LUNA) Collapses 60% as UST “Stablecoin” Drops Below $0.7
Alex Dovbnya Terra’s LUNA has dropped more than 60% in 24 hours Contents Not decentralizedMaking things worse Terra’s LUNA plunged...
UST
Crypto prices: Bitcoin plummets below $30k, Terra's UST stablecoin hits 66 cents | Fortune
Crypto turmoil worsens as Bitcoin plummets below $30,000 and Terra's stablecoin loses peg and falls to 66 cents. By. Taylor...
UST loses dollar peg as Terra market cap slumps
Terra’s dollar-pegged stablecoin, terraUSD (UST), “depegged” for the second time this week, dropping to as low as US$0.6841 in Tuesday...
Terra’s LFG to lend OTC traders $1.5B in BTC, UST to support stablecoin peg
Luna Foundation Guard (LFG) said on May 9 that it will lend out $1.5 billion worth of Bitcoin (BTC) and...
Terra (LUNA) Getting Annihilated as UST Loses Its Peg
Alex Dovbnya One of the hottest cryptocurrency projects is facing a major test amid market turmoil The price of Terra...
42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles
Roughly $1.4 billion worth of Bitcoin (BTC) was reportedly moved from a wallet tied to Luna Foundation Guard (LFG) on...
Luna Foundation Guard To Support Struggling UST Peg With BTC Reserves
High volumes sales of UST has pushed the stablecoin below peg for several hours The LFG will loan $750 million...
Crypto Now Braced For A Coinbase Bombshell After Bitcoin And Ethereum Price Collapse
The following is an excerpt from the daily CryptoCodex email newsletter. Sign up now for free here Lower lows 👇...
Luna Foundation to Loan $1.5B in BTC and UST to Defend Stablecoin’s Peg
This isn’t the first time UST has lost its peg. But the controversial algorithmic stablecoin de-pegged yet again just days...
LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves
Amid the sharp pullback across Bitcoin (BTC) and the wider crypto market this week, the Luna Foundation Guard (LFG) is...