Luna Foundation Guard news and trends

Today in Crypto: El Salvador to Hold Bitcoin Meeting With 44 Countries; TerraUSD Backer Says It Spent Reserves

May 16, 2022
TerraUSD, UST, crypto, Luna Foundation Guard
UST Stablecoin Drops to 92 Cents, Could Jeopardize Funding Algorithm
Cryptocurrency // May 09, 2022

TerraUSD (UST) is without its dollar peg for the second time in only three days, CoinDesk reported Monday (May 9). It fell as low as $0.9009 on Monday, per estimates from CoinMarketCap. UST is an “algorithmic” stablecoin that works with sister token Luna in order...

Quick Reads
Today in Crypto: El Salvador to Hold Bitcoin Meeting With 44 Countries; TerraUSD Backer Says...

May 16, 2022
Japanese bank Nomura will be debuting a company to help institutional clients get more into crypto, non-fungible tokens (NFTs) and decentralized finance, The Financial Times reported Monday (May 16). Nomura reportedly plans to combine several digital asset services under one subsidiary, with a plan to have a staff of 100 by the end of 2023. […]

UST Stablecoin Drops to 92 Cents, Could Jeopardize Funding Algorithm

May 09, 2022
TerraUSD (UST) is without its dollar peg for the second time in only three days, CoinDesk reported Monday (May 9). It fell as low as $0.9009 on Monday, per estimates...