Terraform Labs Donates Another $880 Million To Luna Foundation Guard
The Luna Foundation Guard has received another ten million LUNA tokens from Terraform Labs, following a $1.1 billion donation last month. Terraform Labs (TFL), the developer of the Terra (LUNA) blockchain, has gifted the Luna Foundation Guard ten million LUNA, which is worth approximately $820 million at current prices. The Luna Foundation Guard (LFG) is […]
Terra’s UST Reserves Dip To One-Month Low, Here’s Why
Terra’s stablecoin reserves fell to a one-month low this week, reflecting the recent slump in the crypto market. The reserves which are maintained by the Luna Foundation Guard (LFG) have a high concentration of Bitcoin. According to data from the LFG , the reserve’s total value is now $2.4 billion. It had dropped to a […]
Terra’s Additional 2508 Bitcoin Purchase Fails To Boost Prices, Here’s Why
Terra’s community The Luna Foundation Guard (LFG) added 2508 bitcoins worth over $100 million in its Bitcoin treasury on Wednesday. The LFG now has 42,406.92 BTC in its wallet address as a result of the current purchase. However, despite purchasing Bitcoin for $250 million this week, it has been unable to boost the BTC price […]
Terra Buys AVAX Worth $200 Million For Reserves
The two primary firms supporting the Terra blockchain’s development have invested a total of $200 million in AVAX, and Near Protocol is said to be releasing a new stablecoin. The Avalanche Foundation has announced that Terraform Labs (TFL) and the Luna Foundation Guard (LFG) have purchased a total of $200 million in AVAX tokens from […]
Terra (LUNA) Foundation now possesses over 35,000 Bitcoin
The Terra Foundation Gaurd LFG is on a purchasing spree for Bitcoin (BTC). LFG’s bitcoin address shows that it purchased an additional $228.5 million worth 5040 BTC in a day. Earlier, Wu Blockchain announced that the foundation has transferred $231.4 million USDT to Binance. This accumulation has resulted in total holdings of 35,768 BTC. In […]