Tag: LFG

LFG Slow-Walks Plan to Repay Small-Time Terra Holders, Citing Legal Threats

LFG Slow-Walks Plan to Repay Small-Time Terra Holders, Citing Legal Threats

Luna Foundation Guard previously promised to repay "small" holders of the UST stablecoin with its remaining reserves. www.coindesk.com [...]
South Korean police request exchanges freeze LFG related funds

South Korean police request exchanges freeze LFG related funds

Crypto exchanges in South Korea have been issued notices from police requesting the sequestering of funds related to the Luna Foundation Guard. On May [...]
Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC

Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC

Bitcoin (BTC) needs to hold current levels and work to reclaim higher ones to avoid a crash in the $20,000 range, the latest analysis warns. BTC/USD 1 [...]
Avalanche drops 30% on fears Terra’s LFG will dump AVAX next

Avalanche drops 30% on fears Terra’s LFG will dump AVAX next

Avalanche (AVAX) is paying the price for being one of the collateral assets that maintain Terra's native stablecoin TerraUSD's (UST) peg with the U.S. [...]
UST Backer LFG Seeks $1B to Shore Up Stablecoin Peg: Report

UST Backer LFG Seeks $1B to Shore Up Stablecoin Peg: Report

The funding comes as the dollar-pegged stablecoin dropped as low as $0.60 yesterday amid broader market turmoil. www.coindesk.com [...]
LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves

LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves

Amid the sharp pullback across Bitcoin (BTC) and the wider crypto market this week, the Luna Foundation Guard (LFG) is set to deploy $1.5 billion wort [...]
Bitcoin Slips Under $42K as Mounting Macro Risks, Dollar Strength Overshadow LFG Purchases

Bitcoin Slips Under $42K as Mounting Macro Risks, Dollar Strength Overshadow LFG Purchases

Macro uncertainties keep traditional investors from following LFG's lead in accumulating bitcoin at current valuations. www.coindesk.com [...]
Bitcoin battles for weekly close above $42K as LFG buys 4,130 more BTC

Bitcoin battles for weekly close above $42K as LFG buys 4,130 more BTC

Bitcoin (BTC) prepared for its lowest weekly close of the month so far on April 10 after a week of disappointing losses.BTC/USD 1-hour candle chart (B [...]
Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips under $45K

Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips under $45K

Terra, the Blockchain outfit using Bitcoin (BTC) to back its new US dollar stablecoin, has bought over 5,000 BTC.Wallet data confirms that on April 6, [...]
Bitcoin Tops $44K Amid Rumors of Terra's LFG Accumulating BTC

Bitcoin Tops $44K Amid Rumors of Terra's LFG Accumulating BTC

Terra is becoming a persistent buyer of bitcoin, one observer said. www.coindesk.com [...]
Terra (LUNA) Price Analysis: Will LFG Announcement Power Buyers?

Terra (LUNA) Price Analysis: Will LFG Announcement Power Buyers?

Terra’s LUNA experiences weakness in line with the bearish sentiment weighing on the wider crypto sector as leader Bitcoin slides lower under the key [...]
LFG! Bitcoin Clears $66K and Hits New All-Time High

LFG! Bitcoin Clears $66K and Hits New All-Time High

This episode is sponsored by NYDIG.Download this episodeOn today’s episode of “The Breakdown,” NLW looks at the market’s reaction to a new bitcoin [...]
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