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Luna Basis Guard Spent $2.8B Defending UST Peg, Third-Celebration Audit Finds

by SB Crypto Guru News
November 16, 2022
in Crypto Updates
Reading Time: 1 min read
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“Whereas there have been a number of latest failures in crypto, it is very important distinguish between Terra’s case, the place a clear, open-source decentralized stablecoin failed to keep up peg parity and its creators spent proprietary capital to attempt to defend it, and failure of centralized custodial platforms the place its operators misused different folks’s cash (buyer funds) for monetary acquire,” stated Do Kwon, Terraform Labs founder.



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Tags: 2.8BAuditBitcoin NewsCrypto NewsCrypto UpdatesDefendingfindsFoundationGuardLatest News on CryptoLunapegSB Crypto Guru NewsspentThirdPartyUST
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