LUNA Supply Drops to All-Time Low – But Don’t Call It Deflationary
To keep up with the demand for Terra’s UST stablecoin, LUNA tokens are burned to maintain the $1 peg. All things being equal, less supply could help to support the price.
Dogecoin, Terra Fall Steepest Among Major Cryptos as Long Traders Lose $280M
Digital assets lost 3.5% in capitalization over the past 24 hours but gradually recovered during European morning hours on Wednesday.
Fireblocks Sees $500M Stampede Into Terra DeFi in First Week
Pent-up demand for Terra’s ecosystem among Fireblocks’ early access program hedge funds and wealthy investors has been “crazy.”
Decentralized Forex Is Coming to Terra: Vertex Protocol Raises $8.5M
The protocol seeks to expand DeFi liquidity to non-U.S. dollar pegged stablecoins.
Crypto Funds Saw Minor Outflows Last Week
Some $7 million flowed out of digital asset funds in the week through April 22.
How Luna Foundation Guard Became the ‘Most Followed’ Bitcoin Whale
CoinDesk Reporter Krisztian Sandor discusses the Luna Foundation Guard’s bitcoin reserves for the UST stablecoin, noting the nonprofit organization as the “most followed whale,” holding almost as much BTC as Tesla. Sandor explains LFG’s role in the Terra blockchain ecosystem, algorithmic stablecoins, and the possible risks of UST.
Fonds de sauvetage, filet de sécurité ou ballon gonflable ? Voici comment la « réserve » Bitcoin de LFG pourrait fonctionner
Les développeurs du stablecoin UST à croissance rapide affirment que la valeur de 1 $ de la pièce n'est T « soutenue » par quoi que ce soit – juste un algorithme basé sur la blockchain. Alors pourquoi a-t-il besoin d’une réserve de Bitcoin de plusieurs milliards de dollars en cas d’urgence ? Comment cela fonctionnerait-il ?
Bailout Fund, Backstop or Bouncy Ball? Here's How LFG's Bitcoin 'Reserve' Might Work
Developers of the fast-growing UST stablecoin say the coin's $1 value peg isn't "backed" by anything – just a blockchain-based algorithm. So why does it need a multibillion-dollar bitcoin reserve in case of an emergency? How would that work?
Fondo de rescate, ¿respaldo o pelota saltarina? Así es como podría funcionar la 'reserva' de Bitcoin de LFG
Los desarrolladores de la moneda estable UST de rápido crecimiento dicen que el valor fijo de 1 dólar de la moneda no está "respaldado" por nada, solo un algoritmo basado en blockchain. Entonces, ¿por qué necesita una reserva de Bitcoin multimillonaria en caso de una emergencia? ¿Cómo funcionaría eso?
Fundo de resgate, Backstop ou Bouncy Ball? Veja como a 'reserva' de Bitcoin da LFG pode funcionar
Os desenvolvedores da stablecoin UST, de rápido crescimento, dizem que o valor de US$ 1 da moeda T é “apoiado” por nada – apenas um algoritmo baseado em blockchain. Então, por que é necessária uma reserva multibilionária de Bitcoin em caso de emergência? Como isso funcionaria?