Biggest Movers: XRP Rises 7%, While LUNA Falls by the Same Amount
Although cryptocurrency markets started the weekend lower, XRP was able to avoid the red wave, rising by as much as 7% in the process. LUNA on the other hand was…
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Terraform Labs donates $1.1B for Luna Foundation Guard’s reserves
High demand for UST has led to a pool imbalance on Curve Finance, requiring intervention.
Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury
The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The…
Technical Analysis: LUNA Hits New High, as Biden Signs Crypto Executive Order
LUNA hit a new all-time high, as markets reacted to news that U.S. president Joe Biden had signed an executive order on cryptocurrencies. Biden wants his government to examine the…
Terra off to new record high as LUNA price outperforms market with 30% rebound in 3 days
The total value locked inside the Terra blockchain system has reached an all-time high of nearly $26 billion.
Terra Protocol Reaches Maximum Issuance of UST Daily, LFG Foundation Steps In
Terra, one of the top 10 cryptocurrency projects by market cap, has reached a UST-related milestone recently. The Luna Foundation Guard (LFG), a nonprofit organization, reported that the protocol had…
Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%
The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked…
LUNA flips Ethereum becoming second largest network for staked value
Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value.
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