The Luna Foundation Guard, a non-profit organization, has launched to help support and maintain the Terra ecosystem as a decentralized counterparty to Terraform Labs.
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 grants to support initiatives built on top of the Luna network. One of its biggest functions will be to establish a “forex reserve” that will aid UST, the companion stablecoin of the Luna ecosystem, to maintain its peg.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, ACH*, FTMBitcoin price is oversold, meaning a relief rally could trigger a short-term bounce in $LUNA, $ATOM, FTM and LEO, but generally the overall trend remains bearish.
Baca lebih lajut »
Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says – Regulation Bitcoin NewsRussia can legalize crypto mining and stablecoins backed by gold under government control, a member of the Russian parliament has suggested.
Baca lebih lajut »
Bitcoin Falls Below $35,000 As Selloff Nears 50% From Record HighBitcoin has dropped 9.9% over the past 24 hours, hitting its lowest level since July.
Baca lebih lajut »
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions – Market Updates Bitcoin NewsFor the most part, the down volumes across cryptocurrency spot markets and derivatives have affected the crypto economy negatively.
Baca lebih lajut »
Tether has helped recover $87 million in USDT to dateStablecoin issuer Tether has helped users recover $87 million in USDT sent to wrong addresses since its launch in 2014.
Baca lebih lajut »
El Salvador Plans to Offer Crypto Loans to Small-Scale Entrepreneurs – Emerging Markets Bitcoin NewsEl Salvador will offer cryptocurrency-based loans to small companies through Conamype, the National Commission for Small Enterprises.
Baca lebih lajut »