This Week in Crypto: (Terra Buying $3B in BTC, Axie Hack, US Treasury Foreign Accounts Reporting)

from Coinstack - For Smart Crypto Investors - Bitcoin, Ethereum, DeFi & The Future of Money · host Coinstack

This week in crypto, Do Kwon of Terra has announced a purchase of $3B of Bitcoin as further backing for its UST stablecoin, 173,600 ETH (worth roughly $590 million) and 25.5 million worth of the stablecoin USDC were lost in the Axie hack, The Treasury's new proposal suggests that offshore crypto accounts with more than $50,000 should be reported to the IRS.

Episode metadata supplied by the publisher feed · Published Mar 31, 2022

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This Week in Crypto: (Terra Buying $3B in BTC, Axie Hack, US Treasury Foreign Accounts Reporting)

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