Terra Adds More Bitcoin To Reserves; Robinhood Hacker Donates Stolen Funds to Ukraine

Terra (LUNA) Foundation Guard (LFG) is on a bitcoin (BTC) buying spree and reportedly bought an additional 123.89 BTC last week. This purchase brings the total number of BTC held by the foundation to 42,530.82.

In other news, Beanstalk, an application based on the Ethereum (ETH) decentralized finance blockchain, was hacked and its investors were deprived of approximately $182 million. However, the pirate donated a large part for the Ukrainian cause.

Click here to learn more about another recent decentralized finance hack.

Cryptocurrency prices

The global crypto market capitalization fell 1.48% to $1.87 trillion as of 8:50 a.m. However, global crypto volume grew by 22.89% to $77.32 billion, according to data from Coinmarketcap.

BTC was trading at $39,826.93, down 0.97% in the past 24 hours. Ethereum (ETH) was also trading down 1.22% at $2,997.01.

Among other major coins, Cardano (ADA) was down 2.16% at $0.9252, Algorand (ALGO) was trading with a loss of 1.73% at $0.7197, Binance Coin (BNB) was down down 1.36% to $409.44, Solana however was up 0.11% to $101.36, and Polkadot (DOT) was also trading with a gain of 3.11% to $17.96 .

Today’s top gainer was EvenCoin (EVN), which rose 187.52% to $0.001133. The big loser was CyborgShiba
(CBS), down 74.6% to $0.00000112.

Meme Coin and DeFi prices

Dogecoin (DOGE) fell 1.79% to $0.1404. Its volume to market capitalization ratio is 0.03548. Rival Shiba Inu (SHIB) fell 2.2% to $0.00002502.
Dogelon Mars (ELON) was down 1.71% to trade at $0.0000007851, Floki Inu (FLOKI) was also down 4.13% at $0.00002834 and Samoyed Coin (SAMO) was down 1.53% at $0.01905.

In the DeFi segment, YFI (yearn.finance) was trading with a loss of 1.98% at $18,707.23. Terra (LUNA) was also down 2.1% at $78.71. Avalanche (AVAX) was trading with a loss of 1.37% at $76.33, Uniswap (UNI) was also down 2.66% to trade at $9.34, and Aave (AAVE) was down. fell 0.55% to trade at $169.63.

Last update

Terra wants their UST stablecoin and blockchain to have more backing of an asset, and so they buy more BTC. “Given the size of Terra’s global user base and the utility of UST stablecoins, the Terra blockchain is ideal for entrepreneurs looking to create new protocols. We are pleased to launch the Founder Fellowship with our partners to further the expansion of the Terra decentralized economy,” said Natalie Luu, Ecosystem Development Manager, Terraform Labs, Yahoo Finance reported.

A hacker used Aave’s (AAVE) network to get a flash loan and then bought a large amount of Beanstalk’s native token, Stalk, which gave him greater access to governance on the network. He then transferred all the funds held there to his own wallet. But surprisingly, he donated $2,50,000 of the stolen funds to a Ukrainian war aid fund, according to Peck Shield, Coindesk reported.

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Terra Adds More Bitcoin To Reserves; Robinhood Hacker Donates Stolen Funds to Ukraine

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