Luna Foundation Guard Discloses Usage of Bitcoin Reserves

Luna Foundation Guard Discloses Usage of Bitcoin Reserves


Bitcoin.com
2022-05-17 08:00:13

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. The organization sold part of the bitcoins owned directly, while another part was traded on different dates to […]