Luna Foundation Guard released a third-party technical audit on 16 November The audit confirmed the absence of impropriety on the part of Terraform Labs and LFG. When Terra crashed, it caused billions...
Tag: LuNa
Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds
The Luna Foundation Guard (LFG) and Terraform Labs (TFL) commissioned a technical audit of their efforts to defend the price of TerraUSD (UST) — since rebranded TerraUSD Classic (USTC) — between May 8...
Terra LUNA Spent $2.8 Billion Trying to Revive UST
A third-party audit report released by JS Held on Nov. 16 revealed that Luna Foundation Guard spent $2.8 billion after the UST de-peg to come out of the debacle. Notably, it has become clear that the ...
Terra’s Luna Foundation Guard Releases Audit Report, Do Kwon Responds
The Luna Foundation Guard (LFG), nonprofit managing UST algorithmic stablecoin, has released a technical audit to provide full transparency into assets and efforts to repeg TerraUSD (UST) in May. LFG ...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg – Bitcoin News
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the N...
Audit reveals Luna Foundation Guard spent $2.8B to defend UST peg in May
A Nov. 9 technical audit report submitted by JS Held revealed the Luna Foundation Guard spent $2.8 billion to defend UST’s peg between May 8 and May 12. 1/ Today, LFG releases the technical audit repo...
Luna Foundation Guard, TFL Spent $3.4 Billion to Defend UST Peg: Report
A new audit report revealed that the two entities behind the Terra ecosystem, LFG and TFL – collectively spent more than $3.4 billion between May 8th-12th, 2022, to defend the peg of the fallen stable...
Luna Foundation Guard says it spent $2.8 billion to defend UST peg
Luna Foundation Guard (LFG), a non-profit created in January to grow the Terra ecosystem, has published an audit stating that it spent $2.8 billion in bitcoin and stablecoins to defend the TerraUSD (U...
Luna Foundation Guard Spent $2.8B Defending UST Peg, Third-Party Audit Finds
“While there have been multiple recent failures in crypto, it is important to distinguish between Terra’s case, where a transparent, open-source decentralized stablecoin failed to maintain peg parity ...
Will FTX survive or become the next Luna
One of the biggest crypto giants, FTX, is in a nosedive. In just three days, the exchange has suffered enormous losses, bringing down the value of its proprietary digital asset, the FTX Token (FTT), h...
Three Arrows Capital Breaks Silence, Says That FTX and Alameda Hunted Their Positions During LUNA Collapse
The founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are speaking out after months of silence in the wake of the firm’s bankruptcy. 3AC founders Kyle Davies and Zhu Su have bot...
Bitcoin, Ethereum, Luna Price Analyses
Bitcoin Analysis Bitcoin’s price continued to slide lower on Sunday and when the week’s final daily candle was printed, BTC’s price was -$471.3. The BTC/USD 12HR chart below from DanilBlinkov is th...
Terra (LUNA) Price Prediction 2025-2030: Should you have LUNA in your portfolio?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. The decline in LUNC prices this ...
Terra (LUNA) collapses while Orbeon Protocol (ORBN) presales are skyrocketing
Orbeon Protocol has shot into the crypto limelight by offering incredible potential both as a disruptor to the investment space and as an investment itself, with 60x gains predicted for ORBN by the en...
Terra Founder Says LUNA Not Responsible for FTX, 3AC Crash
– Advertisement – Terra founder Do Kwon comes up to counter claims that the Terra collapse resulted in the crash of notable entities such as 3AC and FTX. Prominent cryptocurrency develop...
Luna Classic Developer Has This To Say About The LUNC Burn
Tobias Andersen, the lead developer at Terra Rebels, has acknowledged that the burn rates for Luna Classic (LUNC) will be low for at least “the next few years.” During an AMA with the community, he sa...
Stablecoin liquidity on Curve’s 3pool falls to lowest level since Luna crash
Liquidity for stablecoin swaps on the Curve 3pool is now at its lowest level since the Luna collapse in May as traders continue to swap Tether’s USDT for other stablecoins, namely DAI and USDC. This h...
LUNA dwarves FTX in terms of losses but the worst is yet to come
The fallout from FTX’s insolvency has already shaken the crypto industry to its core. After several days of speculation about the state of FTX’s balance sheet, the exchange yielded and admitted defeat...
FTT Token Price Crashes Like LUNA, Binance Coin (BNB) Holds Ground
Binance Coin (BNB) price has fallen below the $300 resistance area, while the FTX Token (FTT) price is trading close to its 2021 lows. Nov. 8 was a very eventful day for the cryptocurrency market. Ini...
LUNA Collapsed as it was not Decentralized and So Will XRP
The year 2022 is not lesser than a roller coaster ride which was experienced by most crypto assets. Additionally, the advancement of the Ripple vs SEC lawsuit also is agonising for the XRPArmy, as the...
Altcoins To Look Out For In November: Terra (LUNA), Gala…
In the past, Terra (LUNA) and Gala (GALA), which ranks below 200 in the cryptocurrency market, and the rest of the market have done well in October. This might be one of the factors contributing to t...
South Korea Cracks Down on Terra Employees Involved in $100M LUNA Fraud
South Korean authorities have discovered that Terraform Lab, the Do Kwon-led software development company, sold some tokens associated with LUNA Classic (LUNC) to its employees at half price before th...
FTX Token Crashes 85% In Minutes — FTT Becoming The Next LUNA ⋆ ZyCrypto
Advertisement     Star Xu, the founder of cryptocurrency exchange OKX, has spoken up about the rift between Binance and FTX’s founders, resulting in a sell-off of FTX’...
Will FTX Be Another Terra LUNA ?
Crypto Live News While FTX-Binance tussle continues, bears take over the market. Many crypto influencers have come forward to calm down FTX CEO Sam Bankman-Fried and Binance CEO Changpeng Zhao as it i...
Fears of Terra Luna style collapse of FTX native token FTT as Binance liquidate its holdings
FTX’s native token FTT has experienced a volatile weekend as Binance began liquidating its tokens due to “recent revelations that have came [sic] to light,” according to Binance CEO CZ. The FTT token ...
Terra (LUNA) Price Prediction 2025-2030: Here’s what’s next for LUNA holders
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Terraform Labs developed the Ter...
Why Luna Classic (LUNC) Price Is Soaring?
Breaking its downward trend, Terra Luna Classic (LUNC) attracted major bids at about $0.000226. The last several weeks’ coin performance has been dismal prior to the new governance proposal for re-ena...
Terra LUNA To Introduce NFT Minting on its Blockchain
The Terra Luna ecosystem has introduced a new feature geared towards NFT minting on its blockchain. According to a detailed step-by-step YouTube tutorial, digital art enthusiasts can now mint NFTs on ...
Terra LUNA Announces NFT Minting On Terra Blockchain
Troubled blockchain platform Terra releases a step-by-step tutorial on YouTube for developers to mint non-fungible tokens (NFTs) on the Terra blockchain. The firm aims to help as many developers as po...
Martin Shkreli comments about Luna founder
Martin Shkreli, also known as “Pharma Bro” (as he is nicknamed by insiders) is back from prison and comments on the current status of Do Kwon, co-founder of Terra Luna. Shkreli is the shrewd former C...