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Terra Adds Another 4,130 BTC to Its Reserves as LUNA Slumps

On April 8, the Luna Foundation Gaurd (LFG), a Terra (LUNA) organization, announced a partnership with the Avalanche Foundation and revealed that it would purchase $100 million worth of AVAX over-the-counter (OTC). The organization noted that the purchased AVAX would be held in its diversified reserves, along with Bitcoin (BTC), intended for its UST Decentralized […]

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Terra Brings Total BTC Holding to $1.3 Billion Following Recent Purchase

In its plan to add $10 billion worth of Bitcoin to its reserve, Terra (LUNA) has acquired an additional 2,830 BTC (worth $133.5 using the current exchange rate) to its wallet. Popular Chinese cryptocurrency analyst Colin ‘Blockchain’ Wu revealed that OKLink recently identified Terra’s foundation BTC wallet, noting that it now holds over $1.3 billion […]

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Terra Crosses Significant Milestone, Approaches Double-Digit DeFi TVL Dominance

The world’s second-largest blockchain in terms of the total volume of assets locked (TVL) in the DeFi space, Terra (LUNA), is set to claim a double-digit share of the global Web3 ecosystem. According to recent data from decentralized finance analytics platform DeFi Llama, the most populous blockchain for DeFi protocols outside Ethereum could surpass 10% […]

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