In May 2022, the cryptocurrency world witnessed one of its most significant failures when TerraUSD (UST), the third-largest stablecoin at the time, experienced a catastrophic collapse. What began as a promising experiment in algorithmic stablecoins ended in an estimated $42 billion loss for investors, sending shockwaves through the entire crypto ecosystem. Before its dramatic fall,

In May 2022, the cryptocurrency market witnessed one of its most significant failures when TerraUSD (UST), the third-largest stablecoin at the time, dramatically lost its peg to the US dollar. This catastrophic event would eventually lead to an estimated loss of $60 billion in market value, sending shockwaves through the entire crypto ecosystem. Stablecoins represent

In the ever-evolving landscape of cryptocurrency, stablecoins have emerged as a crucial bridge between volatile digital assets and traditional financial systems. With the global stablecoin market exceeding $162 billion, these digital currencies have become fundamental to crypto trading, lending, and everyday transactions. The Luna Foundation Guard (LFG), established as a nonprofit organization, stepped into this