Tag: UST unpegged
Posted in News
Luna Guard Foundation Empties BTC Reserves As UST Nears Absolute Free Fall
May 10, 2022
$1.4 billion in BTC asset dumped by Luna Guard Foundation UST neared free fall, losing nearly 4 cents 42,500 bitcoins moved from LGF forex reserves…
Posted in News
Did Terra USD Peg Break Down? The Platform Says UST is Fine
May 8, 2022
The stable coin Terra USD dropped in value as the cryptocurrency seemed to have unpegged from the United States dollar for a brief period. The…