Crypto-Follow logo Crypto-Follow logo
coinpedia 2022-05-16 13:24:48

Amidst Terra’s Drastic Crash, The LFG sold 80,082 From Its BTC Reserves

The post Amidst Terra’s Drastic Crash, The LFG sold 80,082 From Its BTC Reserves appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe whole crypto space was under a catastrophic drop after the Terra (LUNA) token bottomed 99% in just two days where the Blockchain’s stablecoin UST depegged leading to the crypto crash. LUNA was created by Terraform Labs with algorithmic stablecoin TerraUSD (UST) in order to maintain its $1 peg. However, the blockchain’s UST stablecoin bottomed …

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer