Luna Foundation Guard adds 37,863 BTC worth $1.5B to its reserve
The Luna Foundation Guard (LFG) has added 37,863 valued at $1.5 billion to its reserves following a partnership with Genesis Trading and Three Arrows Capital. According to the business, the agreement involved a $1 billion over-the-counter swap with Genesis in exchange for $1 billion in UST and a $500 million BTC buy from Three Arrows […]
Why Terra’s LUNA Tumble Could Be Bad For For The UST Stablecoin
Terra’s native token, LUNA, has dropped in value over the last week as the decline in the broader crypto market has a big effect on the token. It is one of the worst-performing tokens among the top-10 cryptocurrencies in the past week. LUNA dropped 4.6% in the last 24 hours to a 9-day low of […]
Koinly crypto tax calculator platform integrates Terra (LUNA)
Koinly has integrated Terra into its platform, this will provide LUNA users a way to accurately track and record their transactions to meet with tax obligations. As the deadline for filing Canadian tax returns approaches, cryptocurrency tax computation portal Koinly has added Terra (LUNA) wallet functionality to make tax calculation easy for LUNA holders. Many […]
Terra’s Defi value hits record high $21.8 billion, what does it mean for Luna?
Terra, the second-largest Defi blockchain, saw its total value locked (TVL) hit a new high on Tuesday amid a rising number of deposits. Defi Llama data showed that TVL on the Terra blockchain increased by roughly 5% to a new high of $21.8 billion. The blockchain is now behind only Ethereum in terms of TVL, […]
Disclose Two Sides of Terra on 1xBit
There is an increasing acceptance of cryptocurrencies globally, which favors platforms that adopt such payment methods. 1xBit stands out from the other betting platforms today because it includes cryptocurrencies as a mode of payment. Interestingly, the betting platform recently added Luna and UST as accepted payment methods. 1xBit has always been intentional about diversity, especially […]