Luna Foundation Guard's Reserve Balance Declines to Zero to Defend UST Peg

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

.LFG_Reserve balance has declined from 80,394 bitcoin to zero, as the majority has been deposited onto Gemini, according to glassnode. Watch Chart of the Day, presented by cryptocom:

Luna Foundation Guard has moved all of its reserves to bitcoin exchanges to defend its UST stablecoin’s 1:1 dollar peg.

LFG’s reserve balance has declined from 80,394 BTC to zero, and the majority has been deposited onto the Gemini exchange. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

CoinDesk /  🏆 291. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumblesTerra's UST stablecoin lost its peg to the U.S. dollar this week, falling to a low of 0.9428, according to CoinMarketCap.
Lire la suite »

Luna Foundation Guard seeks more than $1 billion to shore up UST stablecoin: sourcesLuna Foundation Guard seeks more than $1 billion to shore up UST stablecoin: sourcesThe Luna Foundation Guard has held talks with large investors with the aim of raising over $1 billion to shore up UST amid weakening sentiment in the crypto market.
Lire la suite »

Terra (LUNA) Collapses 60% as UST “Stablecoin” Drops Below $0.7Terra (LUNA) Collapses 60% as UST “Stablecoin” Drops Below $0.7$LUNA has crashed by more than 60% within 24 hours
Lire la suite »

Binance suspends LUNA and UST withdrawals amid market turbulenceBinance suspends LUNA and UST withdrawals amid market turbulenceCrypto exchange Binance has suspended withdrawals of LUNA and UST tokens with the Terra-based stablecoin struggles to recover its peg to the US dollar.
Lire la suite »

Binance Suspends LUNA and UST Token WithdrawalsBinance Suspends LUNA and UST Token Withdrawals.Binance suspended trading of LUNA and UST citing network congestion as the tokens' prices nosedived. thesamreynolds reports.
Lire la suite »



Render Time: 2025-04-16 13:45:46