Luna Foundation Guard Adds Nearly $230M of Bitcoin to Stack
The foundation now has bigger exposure to bitcoin than the U.S. electric-car maker Tesla. Source
Read MoreThe foundation now has bigger exposure to bitcoin than the U.S. electric-car maker Tesla. Source
Read MoreOn April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during the last
Read MoreThe latest moves in crypto markets in context for April 6, 2022. Original Source
Read MoreNon-profit organization Cardano Foundation has announced a three-year collaboration with the Blockchain Center of the University of Zurich (UZH BCC) to further research initiatives and explore blockchain education development. Through the partnership, the foundation will work with the Blockchain and Distributed Ledger Technologies (BDLT) Group at the University of Zurich to
Read MoreOn March 26, the Luna Foundation Guard (LFG) held 24,954.95 bitcoin and during the last five days, LFG’s bitcoin wallet accumulated 5,773.02 bitcoin. At the time of writing, LFG’s wallet now holds 30,727.97 bitcoin worth more than $1.4 billion using today’s exchange rates. In a relatively short period of time,
Read MoreThe organization, which splurged on the cryptocurrency last week, last bought BTC on Monday, according to one observer. Source
Read MoreThis could be an important development for stablecoins. Stablecoin trading pairs – say, UST for ether (ETH) – make up a significant majority of crypto trading volume and, beyond that, they have potential payment use cases. As the economy, crypto or otherwise, increases dependence on stablecoins, the reliability of their
Read MoreThe terms of the $92 million token sale were not disclosed but FTX Ventures and Three Arrows Capital led the effort. Original Source
Read MoreThe fund will match investments into platforms that use the Stellar blockchain. Source
Read MoreTerraform Labs, the company behind the creation of Terra, has announced a new donation to support the ecosystem of the terra (LUNA) token. Do Kwon, CEO of Terraform Labs, announced that the company has donated 12 million LUNA (approximately $1.2 billion) to the Luna Foundation Guard (LFG) with the goal
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