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Tuesday, July 5, 2022
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    Labour will not strike deal with SNP to take Boris Johnson down, says senior MP

    Labour will not strike deal with SNP to take Boris Johnson down, says senior MP

    Jacob Rees-Mogg boasts his banker pals are ‘jogging along’ as inflation causes misery for millions

    Jacob Rees-Mogg boasts his banker pals are ‘jogging along’ as inflation causes misery for millions

    Scottish independence: Who could lead pro-UK group during next referendum campaign?

    Scottish independence: Who could lead pro-UK group during next referendum campaign?

    Scottish independence debate is futile without legal certainty on a referendum – Paul Hutcheon

    Scottish independence debate is futile without legal certainty on a referendum – Paul Hutcheon

    Council leaders ‘deeply disappointed’ with Nicola Sturgeon over pay dispute

    Council leaders ‘deeply disappointed’ with Nicola Sturgeon over pay dispute

    Boris Johnson wins confidence vote as Tory MPs fail to oust Prime Minister

    Boris Johnson wins confidence vote as Tory MPs fail to oust Prime Minister

    Scots Tory MP ‘utterly appalled’ at Boris Johnson but stops short of calling for him to resign

    Scots Tory MP ‘utterly appalled’ at Boris Johnson but stops short of calling for him to resign

    SNP MP Kirsty Blackman claims Scotland is paying for the UK through oil and gas windfall tax

    SNP MP Kirsty Blackman claims Scotland is paying for the UK through oil and gas windfall tax

    Boris Johnson is a gift to the SNP and a threat to the United Kingdom – Paul Hutcheon

    Boris Johnson is a gift to the SNP and a threat to the United Kingdom – Paul Hutcheon

    SNP Government accused of failing to rule out 12% rise in water charges

    SNP Government accused of failing to rule out 12% rise in water charges

    SNP and Greens in Edinburgh council coalition talks as historic deal looms

    SNP and Greens in Edinburgh council coalition talks as historic deal looms

    Blundering Boris Johnson told by Nazanin Zaghari-Ratcliffe how ‘she lived in the shadow of his words’

    Blundering Boris Johnson told by Nazanin Zaghari-Ratcliffe how ‘she lived in the shadow of his words’

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    • Business
      Inflation rises again to new 40-year high

      Inflation rises again to new 40-year high

      Bank of England hikes interest rates to 1.25%

      Bank of England hikes interest rates to 1.25%

      Hiring activity in Scotland slows amid steep decline in staff availability

      Hiring activity in Scotland slows amid steep decline in staff availability

      Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

      Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

      Sunak told more help on cost-of-living crisis is ‘absolutely imperative’

      Sunak told more help on cost-of-living crisis is ‘absolutely imperative’

      Knowing The Debt Collection Practices

    • Sports
      Jim Goodwin makes Connor Ronan Aberdeen transfer confession and offers Bojan Miovski update

      Jim Goodwin makes Connor Ronan Aberdeen transfer confession and offers Bojan Miovski update

      How to choose a spin bike (3)

      How to choose a spin bike?

      Rangers and SPFL feud could trigger ‘nuclear option’ as Scottish Premiership clubs prepare for crisis talks

      Rangers and SPFL feud could trigger ‘nuclear option’ as Scottish Premiership clubs prepare for crisis talks

      Stephen Odey Rangers transfer latest as Randers set out stall on price for Nigeria striker

      Stephen Odey Rangers transfer latest as Randers set out stall on price for Nigeria striker

      Ange Postecoglou tipped for new Celtic transfer gold amid Champions League millions

      Ange Postecoglou tipped for new Celtic transfer gold amid Champions League millions

      Stephen Kelly reveals Rangers future silence as he admits ‘I haven’t heard a thing’

      Stephen Kelly reveals Rangers future silence as he admits ‘I haven’t heard a thing’

      Magene MG70 Electromagnetic Indoor cycling bike (1)

      Magene MG70 Electromagnetic Indoor cycling bike

      Calvin Ramsay to Liverpool transfer edges closer as Aberdeen star prepares for Anfield medical

      Calvin Ramsay to Liverpool transfer edges closer as Aberdeen star prepares for Anfield medical

      Carl Starfelt Celtic injury latest as return timeline sparks doubts over Premiership kick off fitness

      Carl Starfelt Celtic injury latest as return timeline sparks doubts over Premiership kick off fitness

      Ylber Ramadani offered Aberdeen transfer advice from Sergio Porrini as Jim Goodwin nears first summer signing

      Ylber Ramadani offered Aberdeen transfer advice from Sergio Porrini as Jim Goodwin nears first summer signing

      Alfredo Morelos posts Rangers champions claim Celtic fans simply aren’t having

      Alfredo Morelos posts Rangers champions claim Celtic fans simply aren’t having

      Gio van Bronckhorst wants Rangers contract answers as he hits back at ‘end of cycle’ claims

      Gio van Bronckhorst wants Rangers contract answers as he hits back at ‘end of cycle’ claims

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      • Technology
        Boss of Dundee app Snappy Shopper warns local shops face wipeout by ‘dark stores’

        Boss of Dundee app Snappy Shopper warns local shops face wipeout by ‘dark stores’

        Nine red flag signs a phone could be hacked – from overheating to mystery calls

        Nine red flag signs a phone could be hacked – from overheating to mystery calls

        WhatsApp makes huge change to group chats for users from today

        WhatsApp makes huge change to group chats for users from today

        Email scam warning issued as fraudsters impersonate government and make enticing offer

        Email scam warning issued as fraudsters impersonate government and make enticing offer

        Apple warning as tech giant says replacement batteries could lead to safety issues

        Apple warning as tech giant says replacement batteries could lead to safety issues

      • Health
        ‘Brave’ nine-year-old motocross star set to lose leg in heartbreaking cancer battle

        ‘Brave’ nine-year-old motocross star set to lose leg in heartbreaking cancer battle

        Armband VS chest strap heart rate monitor, which is better

        Armband VS chest strap heart rate monitor, which is better?

        Parents warned against giving water to breastfed babies even in heatwave

        Parents warned against giving water to breastfed babies even in heatwave

        Sex can help men live longer – and has important health benefits for woman too

        Sex can help men live longer – and has important health benefits for woman too

        Monkeypox cases in Scotland grow as officials list two reasons to contact doctors

        Monkeypox cases in Scotland grow as officials list two reasons to contact doctors

      • Entertainment
        Save £5 when you spend £25 at Sports Direct with your Daily Record with this great offer inside Monday and Tuesday's paper

        Save £5 when you spend £25 at Sports Direct with your Daily Record with this great offer inside Monday and Tuesday's paper

        Typhoid could be latest medical risk to UK as strains build tolerance to antibiotics

        Typhoid could be latest medical risk to UK as strains build tolerance to antibiotics

        Safe sex advice in new monkeypox guidance from experts amid UK outbreak

        Safe sex advice in new monkeypox guidance from experts amid UK outbreak

        Parkinson’s early sign could appear in sleep as experts warn to be on look out

        Parkinson’s early sign could appear in sleep as experts warn to be on look out

        Struggling UK chippies to ask Norway for more fish to ‘keep prices under control’

        Struggling UK chippies to ask Norway for more fish to ‘keep prices under control’

      • Life Style
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      • Education
        The beautiful message a head teacher sent staff and pupils to recognise how hard things have been

        The beautiful message a head teacher sent staff and pupils to recognise how hard things have been

        Wales’ green, yellow, amber and red school colour codes expected to be scrapped

        Wales’ green, yellow, amber and red school colour codes expected to be scrapped

        Exam board says grades ‘will be more generous’ amid A level paper complaints

        Exam board says grades ‘will be more generous’ amid A level paper complaints

        The huge amount of school that children in Wales have missed this year as tens of thousands miss lessons

        The huge amount of school that children in Wales have missed this year as tens of thousands miss lessons

        Did the Queen go to school and what did she study?

        Did the Queen go to school and what did she study?

      • Real Estate
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      • Home
      • World
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      • Politics
        Labour will not strike deal with SNP to take Boris Johnson down, says senior MP

        Labour will not strike deal with SNP to take Boris Johnson down, says senior MP

        Jacob Rees-Mogg boasts his banker pals are ‘jogging along’ as inflation causes misery for millions

        Jacob Rees-Mogg boasts his banker pals are ‘jogging along’ as inflation causes misery for millions

        Scottish independence: Who could lead pro-UK group during next referendum campaign?

        Scottish independence: Who could lead pro-UK group during next referendum campaign?

        Scottish independence debate is futile without legal certainty on a referendum – Paul Hutcheon

        Scottish independence debate is futile without legal certainty on a referendum – Paul Hutcheon

        Council leaders ‘deeply disappointed’ with Nicola Sturgeon over pay dispute

        Council leaders ‘deeply disappointed’ with Nicola Sturgeon over pay dispute

        Boris Johnson wins confidence vote as Tory MPs fail to oust Prime Minister

        Boris Johnson wins confidence vote as Tory MPs fail to oust Prime Minister

        Scots Tory MP ‘utterly appalled’ at Boris Johnson but stops short of calling for him to resign

        Scots Tory MP ‘utterly appalled’ at Boris Johnson but stops short of calling for him to resign

        SNP MP Kirsty Blackman claims Scotland is paying for the UK through oil and gas windfall tax

        SNP MP Kirsty Blackman claims Scotland is paying for the UK through oil and gas windfall tax

        Boris Johnson is a gift to the SNP and a threat to the United Kingdom – Paul Hutcheon

        Boris Johnson is a gift to the SNP and a threat to the United Kingdom – Paul Hutcheon

        SNP Government accused of failing to rule out 12% rise in water charges

        SNP Government accused of failing to rule out 12% rise in water charges

        SNP and Greens in Edinburgh council coalition talks as historic deal looms

        SNP and Greens in Edinburgh council coalition talks as historic deal looms

        Blundering Boris Johnson told by Nazanin Zaghari-Ratcliffe how ‘she lived in the shadow of his words’

        Blundering Boris Johnson told by Nazanin Zaghari-Ratcliffe how ‘she lived in the shadow of his words’

        Trending Tags

        • Business
          Inflation rises again to new 40-year high

          Inflation rises again to new 40-year high

          Bank of England hikes interest rates to 1.25%

          Bank of England hikes interest rates to 1.25%

          Hiring activity in Scotland slows amid steep decline in staff availability

          Hiring activity in Scotland slows amid steep decline in staff availability

          Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

          Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

          Sunak told more help on cost-of-living crisis is ‘absolutely imperative’

          Sunak told more help on cost-of-living crisis is ‘absolutely imperative’

          Knowing The Debt Collection Practices

        • Sports
          Jim Goodwin makes Connor Ronan Aberdeen transfer confession and offers Bojan Miovski update

          Jim Goodwin makes Connor Ronan Aberdeen transfer confession and offers Bojan Miovski update

          How to choose a spin bike (3)

          How to choose a spin bike?

          Rangers and SPFL feud could trigger ‘nuclear option’ as Scottish Premiership clubs prepare for crisis talks

          Rangers and SPFL feud could trigger ‘nuclear option’ as Scottish Premiership clubs prepare for crisis talks

          Stephen Odey Rangers transfer latest as Randers set out stall on price for Nigeria striker

          Stephen Odey Rangers transfer latest as Randers set out stall on price for Nigeria striker

          Ange Postecoglou tipped for new Celtic transfer gold amid Champions League millions

          Ange Postecoglou tipped for new Celtic transfer gold amid Champions League millions

          Stephen Kelly reveals Rangers future silence as he admits ‘I haven’t heard a thing’

          Stephen Kelly reveals Rangers future silence as he admits ‘I haven’t heard a thing’

          Magene MG70 Electromagnetic Indoor cycling bike (1)

          Magene MG70 Electromagnetic Indoor cycling bike

          Calvin Ramsay to Liverpool transfer edges closer as Aberdeen star prepares for Anfield medical

          Calvin Ramsay to Liverpool transfer edges closer as Aberdeen star prepares for Anfield medical

          Carl Starfelt Celtic injury latest as return timeline sparks doubts over Premiership kick off fitness

          Carl Starfelt Celtic injury latest as return timeline sparks doubts over Premiership kick off fitness

          Ylber Ramadani offered Aberdeen transfer advice from Sergio Porrini as Jim Goodwin nears first summer signing

          Ylber Ramadani offered Aberdeen transfer advice from Sergio Porrini as Jim Goodwin nears first summer signing

          Alfredo Morelos posts Rangers champions claim Celtic fans simply aren’t having

          Alfredo Morelos posts Rangers champions claim Celtic fans simply aren’t having

          Gio van Bronckhorst wants Rangers contract answers as he hits back at ‘end of cycle’ claims

          Gio van Bronckhorst wants Rangers contract answers as he hits back at ‘end of cycle’ claims

          Trending Tags

          • Technology
            Boss of Dundee app Snappy Shopper warns local shops face wipeout by ‘dark stores’

            Boss of Dundee app Snappy Shopper warns local shops face wipeout by ‘dark stores’

            Nine red flag signs a phone could be hacked – from overheating to mystery calls

            Nine red flag signs a phone could be hacked – from overheating to mystery calls

            WhatsApp makes huge change to group chats for users from today

            WhatsApp makes huge change to group chats for users from today

            Email scam warning issued as fraudsters impersonate government and make enticing offer

            Email scam warning issued as fraudsters impersonate government and make enticing offer

            Apple warning as tech giant says replacement batteries could lead to safety issues

            Apple warning as tech giant says replacement batteries could lead to safety issues

          • Health
            ‘Brave’ nine-year-old motocross star set to lose leg in heartbreaking cancer battle

            ‘Brave’ nine-year-old motocross star set to lose leg in heartbreaking cancer battle

            Armband VS chest strap heart rate monitor, which is better

            Armband VS chest strap heart rate monitor, which is better?

            Parents warned against giving water to breastfed babies even in heatwave

            Parents warned against giving water to breastfed babies even in heatwave

            Sex can help men live longer – and has important health benefits for woman too

            Sex can help men live longer – and has important health benefits for woman too

            Monkeypox cases in Scotland grow as officials list two reasons to contact doctors

            Monkeypox cases in Scotland grow as officials list two reasons to contact doctors

          • Entertainment
            Save £5 when you spend £25 at Sports Direct with your Daily Record with this great offer inside Monday and Tuesday's paper

            Save £5 when you spend £25 at Sports Direct with your Daily Record with this great offer inside Monday and Tuesday's paper

            Typhoid could be latest medical risk to UK as strains build tolerance to antibiotics

            Typhoid could be latest medical risk to UK as strains build tolerance to antibiotics

            Safe sex advice in new monkeypox guidance from experts amid UK outbreak

            Safe sex advice in new monkeypox guidance from experts amid UK outbreak

            Parkinson’s early sign could appear in sleep as experts warn to be on look out

            Parkinson’s early sign could appear in sleep as experts warn to be on look out

            Struggling UK chippies to ask Norway for more fish to ‘keep prices under control’

            Struggling UK chippies to ask Norway for more fish to ‘keep prices under control’

          • Life Style
          • Travel
          • Education
            The beautiful message a head teacher sent staff and pupils to recognise how hard things have been

            The beautiful message a head teacher sent staff and pupils to recognise how hard things have been

            Wales’ green, yellow, amber and red school colour codes expected to be scrapped

            Wales’ green, yellow, amber and red school colour codes expected to be scrapped

            Exam board says grades ‘will be more generous’ amid A level paper complaints

            Exam board says grades ‘will be more generous’ amid A level paper complaints

            The huge amount of school that children in Wales have missed this year as tens of thousands miss lessons

            The huge amount of school that children in Wales have missed this year as tens of thousands miss lessons

            Did the Queen go to school and what did she study?

            Did the Queen go to school and what did she study?

          • Real Estate
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          Revealed! This Bitcoin Flow belongs to the Terra LUNA Organization, has it all been sold? — Blockchain Media Indonesia

          May 15, 2022
          in Crypto
          Reading Time:7min read
          Share on FacebookShare on Twitter

          The Terra LUNA organization, the Luna Foundation Guard (LFG) has thousands of Bitcoins (BTC) that were meant to stabilize the value of UST. But what happened was the opposite. Where did those billion dollar Bitcoins go? Has been sold?

          In March 2022, LFG, an organization from Singapore affiliated with Terraform Labs, held a “Bitcoin Standard” practice program so that the value of stablecoin UST not only use LUNA crypto as the stake.

          It was revealed at that time, that massive Bitcoin purchases had been made since the beginning of the year.

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          Until a few weeks ago, LFG still had Bitcoin reserves equivalent to US$3.5 billion. However, after the prices of UST and LUNA fell to their lowest point, the public asked whether it was true that BTC was used to save the two cryptocurrencies? Or have they all been sold and made the crypto market even more critical?

          There are many answers. One that is quite detailed is the result Dr Tom Robinson’s study from the Elliptic research institute, last Friday (13/5/2022).

          “This week we saw the price of UST fall. Instead of the equivalent of 1 dollar, the price fell to US $ 0.04. Even the holders of UST’s worth of billions of dollars lose very badly,” said Tom at the beginning of the study.

          UST value which is well under 1 dollar. Source: Coinmarketcap.

          LFG has indeed launched an astonishing program. They plan to buy $10 billion worth of Bitcoin in the long term and around $3 billion in the short term.

          That much Bitcoin would have been used as a peg for UST, in addition to using the LUNA crypto.

          “Between January and May 2022, there were around 80,394 BTC worth US$3.5 billion at the time, bought by LFG,” said Tom.

          He continued, when the value of UST began to fall on May 9, 2022, LFG announced that it would start dumping its Bitcoin reserves and buying UST.

          This is the first step to trying to keep the UST peg at 1 to 1 against the US dollar.

          “During the next few days, Bitcoin LFG is actually emptied. The balance is now zero. Well, because of the value stablecoin UST continues to decline, the public is asking about the fate of LFG’s bitcoin reserves, and whether they are actually being used to support value stablecoin UST. Here we have the answer, at least the question of where the BTC funds are going,” said Tom.

          One of the addresses belonging to the Luna Foundation Guard (LFG) is empty. Source: Blockchair.

          Tracking Bitcoins belonging to the Terra LUNA Organization

          On the morning of May 9, 2022, LFG announced that it would lend US$750 million worth of BTC to an OTC trading company (over the counter) to help protect the UST stake.

          Terralabs founder Do Kwon later clarified that Bitcoin would be “used for” trading“.

          At about the same time, 22,189 BTC (worth US$750 million today) was sent from address Bitcoin associated with LFG, to address new.

          Later that night, another 30,000 BTC (worth US$930 million at the time) was sent from another LFG wallet, to address this same one.

          BTC funds flow to Gemini.

          Within hours, this entire 52,189 BTC was then transferred to a single account on the Gemini crypto exchange, in the US, with multiple transactions.

          “Unfortunately, it is difficult to track further asset flows or identify whether the BTC was selling to support the UST price,” Tom admitted.

          Singaporean Terra LUNA Investor Claims to Report Do Kwon to Police

          He continued, this leaves 28,205 BTC in Terra’s reserves. At 01:00 UTC on May 10, 2022, that BTC was moved in its entirety, in one transaction, to a single account on Binance.

          The supply of LUNA which continues to grow, has now become more than 6.5 trillion LUNA. Source: Messiah.

          “Once again it is not possible to identify whether these assets were sold or later transferred to another wallet,” he said.

          BTC flow to Binance.

          Tom closed the study with a statement that those who want to get “compensation” due to the collapse of the UST, are very dependent on the status of LFG’s Bitcoin.

          That sentence can be interpreted, that LFG could be responsible for the loss and not transparent about Bitcoin as part of the UST stake. [ps]

          Source link

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