Luna Foundation Guard increased investments in bitcoin to $1,6 billion
The organization conducted transactions for the purchase of 3964 BTC
06.04.2022 - 13:40
376
1 min
0
What’s new? The Luna Foundation Guard (LFG), a non-profit organization, bought 3964 bitcoins worth $177,7 million at the exchange rate on April 6. There were two transactions of 2485 BTC and 1479 BTC. This is indicated by the data from the GetBlock explorer. As of April 6, LFG holds 35 767 BTC worth $1,6 billion in reserves.
What preceded it? On March 28, LFG bought $1 billion worth of bitcoins as part of an increase in the sustainability of the UST algorithmic stablecoin. On March 30, the Luna Foundation Guard added 2943 bitcoins.
What is known about LFG? It is a non-profit organization that was launched in January 2022 to develop the Terra ecosystem and increase the sustainability of algorithmic stablecoins of the blockchain.
Earlier, the Terra blockchain co-founder Do Kwon explained the choice of bitcoin as a reserve. He stated that he will continue to buy BTC to support UST’s stability.
Useful material?
Telegram 
Twitter Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Cryptocurrency rates
-
Bitcoin
$64 756
BTC
-1.83%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.11
XRP
-3.4%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.069588
DOGE
-4.67%
-
Zcash
$513.98
ZEC
+0.78%
-
Cardano
$0.169712
ADA
-4.87%
-
Stellar XLM
$0.182161
XLM
-4.16%
-
Polkadot
$3.32
DOT
+5.27%