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Onchain Data Shows Terra’s Luna Foundation Continues to Stack Bitcoin

This week there’s been a lot of talk about Terra’s Luna Foundation purchasing bitcoin to hold in its reserves pool. Onchain data shows the organization’s wallet has transferred at least…

Continue ReadingOnchain Data Shows Terra’s Luna Foundation Continues to Stack Bitcoin

Terra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC

Just recently, Terra founder Do Kwon hinted at purchasing $3 billion in bitcoin to bolster the protocol’s reserves and according to a number of reports and blockchain analysis, Terra purchased…

Continue ReadingTerra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC

New York Judge Orders Terraform Labs to Comply With SEC’s Investigative Subpoenas

A recent court filing stemming from the Southern District of New York shows that a U.S. district judge has ordered the crypto startup Terraform Labs to comply with the Securities…

Continue ReadingNew York Judge Orders Terraform Labs to Comply With SEC’s Investigative Subpoenas

Luna Foundation Guard Launches to Support UST Peg as Stablecoin Blows Past $11B Market Cap

The Luna Foundation Guard, a new decentralized organization developed to support the Luna ecosystem, has been launched last week in Singapore. The institution will offer funding in the form of…

Continue ReadingLuna Foundation Guard Launches to Support UST Peg as Stablecoin Blows Past $11B Market Cap