It also mentions the Luna Foundation Guard bitcoin wallet that holds 28,205 bitcoin at the time of writing. To note is that the Avalanche (AVAX) currently held by Terraform Labs and the Luna Foundation guard was bought using UST and LUNA. Luna Foundation Guard wallet address. The LFG was the largest holders of Bitcoin Aakanksha Chaturvedi Luna Foundation Guard ( LFG) ให้ คำมั่น ว่าจะ "ชดเชยเงินให้กับผู้ถือ UST ที่เหลืออยู่ โดยจะมอบให้กับนักลงทุนรายย่อยก่อน" ด้วยทรัพย์สินที่ . LUNA has fallen over 99% from its peak to $0.0001398, or less than one-hundredth of a cent, while UST fell 92.1% to $0.079 from its $1 peg, according to CoinMarketCap data on Friday. The Luna Foundation Guard (LFG), official stewards of Terra's bitcoin reserves, released a statement today documenting how they disbursed millions of dollars worth of crypto in defense of failed . The entity, whose first prerogative is to focus on building reserves to better safeguard the UST . The team at WuBlockchain has further pointed out that the value of AVAX and LUNA since the purchases have dropped by 60% and 100% respectively. The Luna Foundation Guard (LFG), a Singapore-based nonprofit building reserves for the stablecoin Terra (UST), announced Thursday that it will buy $100 million worth of AVAX tokens from the Avalanche foundation to augment its reserves. The transactions to the right of LFG . On March 26, 2022, the Luna Foundation Guard' s bitcoin wallet holds 24,954.95 BTC worth $1.1 billion. The Luna Foundation Guard (LFG), the group in charge of maintaining the dollar peg of UST, the Terra ecosystem's algorithmic stablecoin, has broken its silence to explain how the funds in its custody were used. Aside from that one tweet from Do Kwon, it has been radio . The Luna Foundation Guard is moving billions of Bitcoin across the blockchain.The wallet address . The entity, whose first prerogative is to focus on building reserves to better safeguard the UST . After someone asked Terra's founder why the project . Leverage and Margin Trading."Why would anyone borrow millions of dollars if they have to give it back in 10 seconds?" And t. It is Not Clear Whether the Luna Foundation Guard Sold the Bitcoin. Luna Foundation Guard, the second largest known holder of Bitcoin, liquidated almost its entire reserves last week worth billions in a failed attempt to defend the Terra UST stablecoin peg. As demand for UST pushes the price above a dollar, LUNA is burned to mint more, restoring the peg. The Luna Foundation Guard (LFG) has bought another $230 million worth of bitcoin today, according to activity on LFG-owned crypto wallets. Luna Foundation Guard เผยทุนสำรองในรูป Bitcoin เหลือเพียง 313 BTC เท่านั้น. The Terraform Labs' AVAX purchase […] During the last four days, the address has accumulated a massive number of bitcoin after . In the thread, the Luna Foundation Guard notes that as of May 7 its reserves held nearly 80,400 Bitcoin, 40,000 BNB BNB/USD, 26,281,671 Tether USDT/USD, 23,555,590 USD Coin USDC/USD, 1,973,554 . So I literally just googled "Luna Foundation Guard Wallet Address" and it obviously came up in an article. Terra. The Luna Foundation Guard (LFG), the group in charge of maintaining the dollar peg of UST, the Terra ecosystem's algorithmic stablecoin, has broken its silence to explain how the funds in its custody were used. The Luna Foundation Guard (LFG) revealed that it had sold a significant number of tokens in its reserves to when . The Luna Foundation Guard (LFG), the company whose errand was to keep up with the strength of the terraUSD (UST) peg, said it spent essentially all of its bitcoin (BTC) held for possible later use to safeguard UST's dollar stake as it fell. The Guard of the Luna Foundation Explains Backup Actions. $0.00013. If it goes over the $1 mark, LUNA token holders can trade tokens for 1 UST for a profit. The trove makes LFG's wallet the 19th-richest Bitcoin address in the world. This proposal has received support from 79% of the votes, but there is still a pending question of […] By that time, LUNA could be trading at $5 or more. The Luna Foundation Guard (LFG), official stewards of Terra's bitcoin reserves, released a statement on Monday documenting how they dispersed millions of dollars worth of crypto in their failed attempt to maintain the peg of stablecoin terraUSD (UST). Terra's founder do Kwon has in the past suggested the Terra Protocol will be one of the largest holders of the flagship cryptocurrency as the project creates its BTC-denominated reserves to build an additional layer of security for its decentralized stablecoin. The bitcoin blockchain shows that coming out at the other end with 5,040 bitcoin, . The Singapore-based non-profit organization tweeted, If the price of UST drops below $1, it can be swapped for LUNA and sold for $1, making it attractive for arbitrage traders. LFG had bought $231 million in bitcoin the day prior to also boost its UST reserves, but this appears to be . By 8:15 p.m. (ET), terrausd (UST) hit a low of $0.704843 per unit, down 29.4% during the . That nearly doubles the Guard's previous reserves from 42,530.82 BTC up to 80,394 BTC. Tweet Post Share Post Email. Some Terra customers will be compensated. Over the past four days, the address has racked up a massive amount of bitcoin after Terra founder Do Kwon recently hinted at the blockchain project leveraging bitcoin-related tokenomics. The Luna Foundation Guard (LFG) has made another groundbreaking purchase of Bitcoin (BTC) to bolster its reserve for its native stablecoin dubbed Terra USD (UST). SINGAPORE (PRWEB) January 19, 2022 The Luna Foundation Guard (LFG), a non-profit organization based in Singapore, has announced its formation and mission objective to support and sustain the growth and development of open-source technology, facilitating the realization of a decentralized economy. Ever . After someone asked Terra's founder why the project . How to Trade Crypto. The Luna Foundation Guard (LFG), the company whose errand was to keep up with the strength of the terraUSD (UST) peg, said it spent essentially all of its bitcoin (BTC) held for possible later use to safeguard UST's dollar stake as it fell. Luna Foundation Guard (LFG), a non-profit organization mandated to build reserves supporting smart contract blockchain Terra's dollar-pegged stablecoin UST, returned . This equates to 500 UST and 10 LUNA. Luna Foundation Guard, the second largest known holder of Bitcoin, liquidated almost its entire reserves last week worth billions in a failed attempt to defend the Terra UST stablecoin peg. The Luna Foundation Guard, a nonprofit dedicated to supporting the Terra ecosystem, has been buying Bitcoin (BTC) in recent months as part of a fund that's designed to prop up Terra's stablecoins . cryptohotnews May 17, 2022. I t was recently announced that the Luna Foundation Guard (LFG), a nonprofit organization focused on the Terra blockchain protocol, might purchase $10 billion or more of . . Blockchain data shows the Luna Foundation Guard Reserve Wallet transferred 231,400,000 USDt from ethereum to Binance. Per LFG's Twitter thread Monday, as of May 7, it held 80,394 BTC (more than $3 billion at that time) in its reserves and a selection of other cryptocurrencies, including BNB, USDT, USDC, AVAX, UST, and LUNA. The Luna Foundation Guard (LFG), the non-profit organization overseeing the Terra ecosystem, said that its Bitcoin reserves dropped by more than 80,000 BTC over the last week.. At the time of my deposit, the value of LUNA = $50, and the value of UST = $1. I did my best to track the Bitcoin reserves via the below address tweeted out by LFG, but it's unclear what has been spent of the 37,000 bitcoins withdrawn (circa $1 billion) as much of it was sent to various exchange wallets. And what happens if the price of LUNA goes down to $5. The Guard of the Luna Foundation Explains Backup Actions. โดย ลัลน์ลลิต ศรีจันทร์ดร. Since then, the Luna Foundation Guard (LFG) has taken steps to better secure the project it oversees. As of Thursday afternoon . 16.05.2022. On March 26, 2022, the Luna Foundation Guard bitcoin wallet contains 24,954.95 BTC worth $1.1 billion. 14. If the wallet is actually owned by the foundation, it already contains 50% of the collected funds. Luna Foundation Empties Bitcoin and Ethereum Wallets. Luna Foundation Guard (LFG) has announced it will lend out $1.5 billion in Bitcoin and the stablecoin TerraUSD (UST) to defend the latter's peg amid a period of market volatility and uncertainty of macro conditions in legacy markets. self.terraluna 3 months ago. Screenshot of LFG's wallet. The Luna Foundation Guard (LFG) is clarifying the state of its reserves, which are now nearly empty Source: David Sandron / Shutterstock.com The last week in cryptocurrency is certainly going to . Ever . It has plunged almost 100% from its all-time high of $119.18 hit on April 5, but is off its . The Luna Foundation Guard possessed a stockpile of 80,394 BTC, among other . SINGAPORE (PRWEB) January 19, 2022 The Luna Foundation Guard (LFG), a non-profit organization based in Singapore, has announced its formation and mission objective to support and sustain the growth and development of open-source technology, facilitating the realization of a decentralized economy. — LFG | Luna Foundation Guard (@LFG_org) May 9, 2022. ‑25.94%. RELATED POSTS CAKE Holds Closely Below $5 5 Best Crypto Platforms for Staking Top Coins Do Kwon, the co-founder of the Terra network, recently proposed the creation of a completely new chain with a new LUNA token. It is Not Clear Whether the Luna Foundation Guard Sold the Bitcoin Mr. Martin was quoting an analysis done by the team at Elliptic.co, which highlighted that the transfers of Bitcoin by the LFG started on the morning of May 9th. What is my impermanent loss in both cases. The Luna Foundation Guard (LFG), official stewards of Terra's bitcoin reserves, released a statement on Monday documenting how they dispersed millions of dollars worth of crypto in their failed attempt to maintain the peg of stablecoin terraUSD (UST). A $10 billion Bitcoin ( BTC-USD ) buying spree was meant to supply the necessary reserves to . In any case, based on what is left, clients of the fizzled stable coin will be redressed, LFG said. In any case, based on what is left, clients of the fizzled stable coin will be redressed, LFG said. The Avalanche Foundation announced via Twitter on Friday that Terraform Labs and the Luna Foundation Guard (LFG) have purchased 3.06 million AVAX in total. UST's market capitalization collapsed from all-time highs nearing $19 billion to less than $1 billion. (mempool.space) As of writing, LFG is in the process of raising $3 billion, most of which has already been raised, to buy bitcoin and has purchased almost 28,000 . This information is public but I can't remember where to find it. Avalanche, a smart-contract blockchain, said in a tweet that Luna Foundation Guard (LFG) - the entity behind the reserve fund set up to backstop the Terra blockchain's now-failed UST stablecoin . The balance was then split at wallet "bc1qsl," where 12,530 BTC was kept, and 30,000 BTC went to another address. Don't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.. To note is that the Avalanche (AVAX) currently held by Terraform Labs and the Luna Foundation guard was bought using UST and LUNA. The first transaction by the LFG was worth 22,189 BTC and was sent to a new address. Out of this, 1.97 million AVAX - $67.81 million at press time - made up about 88.8% of the reserve. LUNA price prediction end of 2022: With the LUNA Foundation Guard working hard to restore confidence in the Terra ecosystem, LUNA has the potential to hit $1 in 2022. Luna's Solution. Later that evening, LFG deployed another 30,000 BTC worth $930 . The Luna Foundation Guard, once the largest holder of Bitcoin in the world, only holds 313 Bitcoins as per the latest announcement. UST is an algorithmic stablecoin whose supply expands by burning LUNA, the native asset of Terra. The Avalanche Foundation announced via Twitter on Friday that Terraform Labs and the Luna Foundation Guard (LFG) have purchased 3.06 million AVAX in total. The Luna Foundation Guard possessed a stockpile of 80,394 BTC, among other . Mar 29, 2022 2:25PM EDT. Their ethereum address still has about $600 million left to buy, bringing the total to $2.2 billion with another circa $800 million left to . Luna Foundation Guard (LFG) ออกมาเคลื่อนไหวอีกครั้ง . The LFG is supposed to start burning 9.5 million Luna on Feb 11 at 12pm . Source: Luna Foundation's Bitcoin Reserve Wallet Now Holds $1.1 Billion in BTC - Bitcoin News. LUNA has fallen over 99% from its peak to $0.0001398, or less than one-hundredth of a cent, while UST fell 92.1% to $0.079 from its $1 peg, according to CoinMarketCap data on Friday. The Luna Foundation Guard (LFG) just made its biggest Bitcoin purchase yet: 37,863 coins, worth $1.5 billion at the time of writing. As CryptoGlobe reported, Terraform Labs has plans to accumulate $10 billion worth of Bitcoin to add to the project's stablecoin . The Terraform Labs' AVAX acquisition has a one-year lockup and represents roughly 0.5 percent of AVAX volume last week. The Terraform Labs' AVAX purchase […] The 30,000 BTC had 7,000 BTC added from another wallet and was again split into two parcels of . The Luna Foundation Guard (LFG), a quasi organization dedicated to the Terra environment, has revealed intentions to reimburse surviving TerraUSD (UST) users, beginning with the smallest holdings. In return, the Avalanche Foundation received $100 million worth of LUNA from Terraform Labs and $100 million worth of the stablecoin UST from Luna Foundation Guard. As TerraUSD (UST) plummets in value, the Luna Foundation Guard says it's preparing $1.5 billion in Bitcoin and UST to address market concerns about the stablecoin. However, one thing that investors should keep an eye out for is the $100 million in AVAX that Terra wanted from the Avalanche Foundation. At press time, the Luna Foundation Guard reserve had about $76.40 million in total. As the cryptocurrency industry continues to feel the ripple effects of the failure of the Terra blockchain and the price crash of its native token, LUNA, and its algorithmic Stablecoin, UST, questions have begun to emerge about the whereabouts of about 80,000 units of Bitcoin belonging to the ecosystem.. On March 26, 2022, the Luna Foundation Guard bitcoin wallet contains 24,954.95 BTC worth $1.1 billion. Over the past four days, the address has racked up a massive amount of bitcoin after Terra founder Do Kwon recently hinted at the blockchain project leveraging bitcoin-related tokenomics. UST, a stablecoin designed to be pegged to the US dollar (USD), is trading for $0.75 at time of writing, down more than 24% in the past day. LUNA has fallen over 99% from its peak to $0.0001398, or less than one-hundredth of a cent, while UST fell 92.1% to $0.079 from its $1 peg, according to CoinMarketCap data on Friday. Mr. Martin was quoting an analysis done by the team at Elliptic.co, which highlighted that the transfers of Bitcoin by the LFG started on the morning of May 9th. The first transaction by the LFG was worth 22,189 BTC and was sent to a new address. We start with Luna Foundation Guard's (LFG) self-declared address (first label), and expand it twice to the right to get to the exchange address mentioned. I clicked the "LFG bitcoin address" hyperlink in the article and started digging. Elliptic found that 22,189 BTC worth $750 million was sent from the Luna Foundation Guard (LFG) address to a new address at the time. An Avalanche spokesperson also did not respond to a request for comment. The second largest known holder of Bitcoin revealed its massive reserves have been all but depleted as its creator Do Kwon says he's "heartbroken" over collapse of stablecoin. The Luna Foundation Guard (LFG) has acquired 37,863 Bitcoins as it continues to move towards its target of $10 billion of stablecoin reserves before the end . Terraform Labs also created the Luna Foundation Guard (LFG), a non-profit foundation with the mandate of defending the UST peg. Don't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.. UST's . Luna Foundation Guard Discloses Usage of Bitcoin Reserves. Today, the Luna Foundation Guard (LFG) — tasked with defending the peg and armed with $2.6 billion in bitcoin — is manning the ramparts. However, Avalanche did not address the status of the Avalanche Foundation's Terra-related tokens. The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed how it used the available Bitcoin reserve before the recent debacle involving the Terra ecosystem. UST's . Add to Watchlist. Not Sure Avalanche Has Sold Luna and UST. Flash Loans. The team at WuBlockchain has further pointed out that the value of AVAX and LUNA since the purchases have dropped by 60% and 100% respectively. What happens if the price of LUNA reaches $100. In addition to the losses, UST and LUNA took on Monday, after revealing the Luna Foundation Guard (LFG) would lend $1.5 billion in BTC and UST . The announcement came following an inquiry from members of the Avalanche Community about the details around the AVAX reserves held by Terraform Labs and the LFG. Not Sure Avalanche Has Sold Luna and UST. Follow @ godbole17 on Twitter. The Luna Foundation Guard (LFG) is clarifying the state of its reserves, which are now nearly empty Source: David Sandron / Shutterstock.com The last week in cryptocurrency is certainly going to . According to a CNBC report today, the non-profit organization that oversees the Terra blockchain, purchased a whopping $1.5 billion, which draws the company closer to its goal of amassing $10 […] Breaking: Luna Foundation Guard (LFG) sold 46,876 BTC amid Terra's death spiral. Kwon deployed most of LFG's reserve crypto to try to bring the price of UST back up to a dollar, but it didn't work, and it would hit lows at 50 cents, then 30 cents, and later at nine cents . The group reportedly facilitated the purchase by swapping $1 billion in UST . The LFG bought over $3 billion of Bitcoin BTC , and had plans to . The token's demise just the other day sent cryptocurrencies plunging, a trend that continued on Monday as . In exchange, the Avalanche Foundation received $100 million worth of LUNA from Terraform Labs and $100 million worth of the stablecoin UST from Luna Foundation Guard. Previously, Luna Foundation announced that it raised $2.2 billion for its Bitcoin reserves. Luna sank almost 9% on the day to reach $0.0001907 on Tuesday morning, according to CoinMarketCap data. The foundation behind the Luna project reportedly deposited $1.1 billion worth of BTC to another anonymous address ending in 50tv4q, as WuBlockchain reports.

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