terra luna

Police are getting new information as the LUNA investigations continue. As you know, after the collapse of LUNA and UST, investigations are being carried out against Terraform Labs in South Korea, where Terra's headquarters are located. As these investigations continue, the police are getting new information.

DeFi token Terra (LUNA) continues to rise. In the past weeks, Bitcoin has also been on the rise, and the recent increase in Bitcoin is said to be related to Terra.

As it will be remembered, Terra had 27,784 Bitcoins by purchasing Bitcoin in the past days. Terra continues the purchases. Terra, who bought another $ 139 million worth of Bitcoin, holds 31,000 Bitcoins. Bitcoins are worth about $1.5 billion.

Terraform Labs CEO Do Kwon said the Luna Foundation Guard has raised $2.2 billion for Bitcoin reserves and has a target of $3 billion.

Terra (LUNA) founder and Terraform Labs CEO Do Kwon announced that the Luna Foundation, which is working on the Terra blockchain, has raised $2.2 billion in funds for Bitcoin reserves. In his tweets, Kwon stated that the reserves will be used to support the UST and that they want to increase the figure to 3 billion dollars in the short term and 10 billion dollars in the long term.

It was once again seen last night how interesting and surprising events the cryptocurrency universe was. An investor who stated that Terra Luna was a fraud received an answer from Terra founder Do Kwon. The duo made a 1-year and $1 million bet on the Terra price. Later, another $10 million bid came in for the same claim. Kwon accepted this offer as well, and the money rose to $22 million.

While the crypto markets have not been able to get rid of the general downward trend, Terra (LUNA), which is among the largest crypto assets, continues to increase its market value. Cardano (ADA), which is in 8th place, is breaking a record in the total locked value in the DeFi sector.

Cryptocurrency markets remained calm ahead of the release of U.S. inflation data.

According to data from Staking Rewards, Terra (LUNA) has surpassed Ethereum (ETH) in terms of value at stake. While $ 25.9 billion is locked in Ether, $ 29.5 billion in cryptocurrency is locked in LUNA.

Terra (LUNA), which ranks 7th with a market value of 30 billion dollars, has become one of the most valuable cryptocurrencies in recent times.

A project based on the popular altcoin Terra (LUNA) project is Mirror Protocol (MIR).

Movements in the altcoin market are in the spotlight. Which altcoin gained and lost the most on February 25th?