Terra buys $200M in AVAX for reserves
Terraforms Labs (TFL) and the Luna Foundation Guard (LFG) have announced the purchase of AVAX tokens. When combined the buys are worth $200 million. TFL, the company responsible for the development of the Terra blockchain, bought $100 million worth of Avalanche's native token, AVAX. This was done in order to
What could go wrong? The top 5 Stablecoins and the concept behind them.
The concept of stablecoins can be seen as critical infrastructure within the crypto space. Stablecoins such as Tether or USD Coin are often used as an intermediary store of value and thus helped the crypto market to grow since market participants do not have to offramp their money if they