by admin | Feb 3, 2024 | Latest Crypto News
Price Movements and Market Impact The ongoing crypto downturn has seen many cryptocurrencies lose 20% of their value. However, Terra’s LUNA has been hit harder, dropping by 78%, while its stablecoin, TerraUSD (UST), has fallen by over 61%, bringing its value down to...
by admin | Feb 2, 2024 | Latest Crypto News
As a stablecoin, UST is designed to maintain its value at $1 at all times. However, unlike traditional stablecoins backed by actual US dollars, UST relies on financial engineering mechanisms to preserve its value. This system has been considered risky, as it requires...
by admin | Jan 30, 2024 | Latest Crypto News
What Is the Luna Foundation Guard (LFG)? The Luna Foundation Guard is a non-profit organization founded in 2017 with the mission to safeguard the blockchain and cryptocurrency industry, particularly within the Terra ecosystem. The foundation supports a large, global...
