Market Cap: $2,773,468,383,097
24h Vol: $113,152,245,998
Cryptocurrencies: 30063
Markets: 114486
Cryptocurrencies: 30063
Markets: 114486
Market Cap: $2,773,468,383,097     
24h Vol: $113,152,245,998
cryptonews 2022-11-17 20:36:00

Terra Luna Audit Results: 80,000 Bitcoin Worth $2.8 Billion Used to Defend Peg – Here’s What You Need to Know

Terra Luna Audit Results: 80,000 Bitcoin Worth $2.8 Billion Used to Defend Peg – Here’s What You Need to Know
Terra (LUNA) founder Do Kwon and the Luna Foundation Guard (LFG) spent as much as 80,000 bitcoin, worth a whopping $2.8bn, to defend the algorithmic stablecoin UST’s dollar peg, a new audit report has revealed. The newly revealed numbers were shared by Do Kwon himself in a Twitter thread on Wednesday, after Luna Foundation Guard – the entity tasked with maintaining the stability of UST – released a technical audit report by auditing firm JS Held.... Read More: Terra Luna Audit Results: 80,000 Bitcoin Worth $2.8 Billion Used to Defend Peg – Here’s What You Need to Know
esptco-banner img
Latest News

Videos

  • DEFI: What is Defi? A Beginner's Guide to Decentralized Finance!

  • Stellar XLM: What is Stellar Lumen? EXPLAINED!

  • Dogecoin: What is Dogecoin? EXPLAINED!

  • What are Blockchain Forks? Hard Fork Vs Soft Fork!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire