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This Week in Crypto: (Terra Buying $3B in BTC, Axie Hack, US Treasury Foreign Accounts Reporting)
Manage episode 324240996 series 3280836
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.
97 episodes
This Week in Crypto: (Terra Buying $3B in BTC, Axie Hack, US Treasury Foreign Accounts Reporting)
Coinstack - For Smart Crypto Investors - Bitcoin, Ethereum, DeFi & The Future of Money
Manage episode 324240996 series 3280836
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.
97 episodes
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