Luna Foundation To Lend $1.5 Billion In Bitcoin And Ust To Market Makers — Plan Aims To Protect Stablecoin’s $1 Parity
Bitcoin News

Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity

As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to […]

Working Study Says Despite Legal Tender Status, Bitcoin Is Not A Widely Accepted Medium Of Exchange In El Salvador
Bitcoin News

Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador

According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo […]