The whole crypto space was under a catastrophic drop after the Terra (LUNA) token bottomed 99% in just two days where the Blockchain’s stablecoin UST depegged leading to the crypto crash. LUNA was cre...
Tag: LFG
LFG Reserve Pool’s $1.2 Billion BTC?
2 hours ago | 2 mins read Altcoin News $750 million BTC was used for restoring peg value by lending to OTC trading firms. 28,205 BTC was transferred to an unknown account on Binance Exchange. Luna Fou...
Terra’s LFG Reveals What Happened to Its Bitcoin Reserves
Key Takeaways The Luna Foundation Guard revealed Monday that it had spent almost all of its Bitcoin reserves in its failed attempt to restore UST’s peg. The LFG reportedly has only 313 Bitcoin l...
Terra’s LFG Announces Compensation Plan After Selling Over 80,080 BTC To Rescue UST ⋆ ZyCrypto
Advertisement     The cryptocurrency sector has experienced a lot of dark days in its history, but very few can match the events of the past week. The Terra fiasco sen...
Where is LFG accumulated $2b worth of Bitcoin reserve?
The cryptocurrency market has seen considerably worse days before. However, the present state of the market remains unprecedented. Terra’s LUNA and UST have tumbled, triggering a chain reaction in the...
Avalanche drops 30% on fears Terra’s LFG will dump AVAX next
Avalanche (AVAX) is paying the price for being one of the collateral assets that maintain Terra’s native stablecoin TerraUSD’s (UST) peg with the U.S. dollar. Major AVAX dump ahead? AVAX&#...
USDT stabilized as LFG pledges BTC in billions
TerraUSD (UST) should be the leading figure of algorithmic stablecoins but that’s not the case The disturbance holding markets is uncovering blemishes that pundits have long accused it of In the wak...
Terra’s LFG To Provide $1.5B In BTC And UST To OTC Traders: To Protect Stablecoin’s Peg
The LFG has signified that it would lend out BTC and UST to protect the stablecoin’s peg to the dollar. Recently the UST saw an attack that led to the de-pegging for a brief duration. You ...
Market Crumbles As LFG Moves To Defend UST Peg
Luna Foundation Guard has announced that it would take decisive steps to proactively defend the larger Terra economy and the UST Dollar peg. The move comes after its algorithmic stablecoin, TerraUSD, ...
LFG Poised to Maintain TerraUSD (UST) $1 Peg as the Organization Reportedly Raises Additional $2 Billion
– Advertisement – Terra is doing everything possible to win back investors’ trust in a bid to bolster the value of its stablecoin back to the $1.00 peg. The Luna Foundation Guard (LFG), ...
Terra’s LFG To Loan 750M UST To Accumulate Bitcoin As Crypto Market Loses Over $170 Billion In A Day ⋆ ZyCrypto
Advertisement     The Luna Foundation Guard (LFG) announced today that it would be deploying $1.5 billion in capital aimed at protecting Terra’s UST reserves even as t...
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 UST to defend the algorithmic stablecoin’s peg to the U.S. dollar. Terra’s UST suffered a coordi...
Terra’s LFG to Deploy $1.5B to “Protect the UST Peg”
Key Takeaways The Luna Foundation Guard will loan $750 million worth of Bitcoin and 750 million UST to market makers to help stabilize UST. It comes after UST lost its peg early Sunday due to intense ...
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 set to deploy $1.5 billion worth of capital to “help protect” Terra USD’s (UST) p...
Terra’s LFG Leaps Into Top 10 Largest Bitcoin Whales With An Extra $1.5 Billion BTC Buy ⋆ ZyCrypto
Advertisement     Several pundits believe that traditional finance will utilize Bitcoin as a reserve currency in the future. While institutions like the Swiss National...
Luna Foundation Guard (LFG) Adds 37,863 Bitcoin (BTC) to its Reserves
3 hours ago | 2 mins read Editors News LFG currently possesses almost $3.5 billion worth of BTC. Luna Foundation Guard aims to gather up to $10 billion in Bitcoin. Luna Foundation Guard (LFG), a Terra...
Terra’s LFG Acquires $1.5B More Bitcoin—With 3AC’s Help
Key Takeaways Terra’s Luna Foundation Guard has bought more than 37,000 more Bitcoin. The value of Terra’s UST stablecoin is backed in part by its Bitcoin reserves. Terraform Labs’ C...
BREAKING: Luna Foundation Guard (LFG) Purchases $1.5 Billion Bitcoin (BTC) to Boost Its Stablecoin Reserve
– Advertisement – The Luna Foundation Guard (LFG) has made another groundbreaking purchase of Bitcoin (BTC) to bolster its reserve for its native stablecoin dubbed Terra USD (UST). Accord...
IntoTheBlock: Terra’s LFG Amongst Top Initial Bitcoins (BTC) Owners
Wallets having 1,000-10,000 bitcoins (BTC) are most likely engaged in the transaction. A figure from the IntoTheBlock team indicates a considerable growth in the number of Bitcoin (BTC) wallets in the...
Know all about one of the world’s most valuable cryptocurrencies the LFG reserve
For the past month, Luna Foundation Guard (LFG) has made headlines as one of the most major bitcoin (BTC) purchases for a new “reserve,” seemingly appearing out of nowhere to scoop up $1.7 billion in ...
Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC – Bitcoin News
The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin on a regul...
Luna Foundation Guard (LFG) continues to buy Bitcoin
Over the weekend, Luna Foundation Guard (LFG), the treasury behind TerraUSD’s (UST) algorithmic stablecoin, bought more Bitcoin for the equivalent of $173 million. Luna Foundation Guard of TerraUSD (...
Bitcoin Slips Under $42K as Mounting Macro Risks, Dollar Strength Overshadow LFG Purchases
The world’s largest cryptocurrency fell under $42,000 during European trading hours, hitting the lowest level since March 22 and extending the decline from the late March high of $48,240, accord...
Terra’s LFG Pool Adds $170 Million Worth of Bitcoin at $42,600
The Luna Foundation Guard (LFG) pool has bought Bitcoin yet again. The pool currently holds almost 40,000 BTC, worth some $1.675 billion at the time of this writing. Luna’s LFG pool has added another ...
Bitcoin battles for weekly close above $42K as LFG buys 4,130 more BTC
Bitcoin (BTC) prepared for its lowest weekly close of the month so far on April 10 after a week of disappointing losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: BTC “...
Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips under $45K
Terra, the Blockchain outfit using Bitcoin (BTC) to back its new US dollar stablecoin, has bought over 5,000 BTC. Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, wh...
Luna Foundation Guard (LFG) buys an additional 2,943 BTC for $139M
Luna Foundation Guard has doubled down on its Bitcoin (BTC) strategy after purchasing an additional 2,943.00002511 BTC for $139 million. Data from block explorer Blockchain.com shows the company’s wal...
LFG might purchase $10 billion or more worth of Bitcoin
Bitcoin is witnessing mainstream attention everywhere. Nations are aiming to embrace the digital asset, and every individual across the globe is looking to hold some BTC in their portfolio. Recently, ...
Terra’s LFG Among Largest New Bitcoin (BTC) Holders: IntoTheBlock
Vladislav Sopov Here’s who is behind significant changes in Bitcoin’s holder landscape Contents Terra’s great accumulation has started Challenging MicroStrategy’s supremacy? Te...