Weekly Report ( 07 – 13 Feb. 22) | What Happened This Week In Crypto

This Report will provide you with some important and quick news of cryptocurrencies that happened around the world.

1) A White Hat Hacker Prevents A ‘Market-Nuking’ Exploit On Coinbase

A white-hat hacker going by the moniker “Tree of Alpha” just avoided a major disaster for Coinbase with its Advanced Trading platform. The hacker is known as “Tree of Alpha” singled out Coinbase and its CEO, Brian Armstrong, after identifying a weakness in the trading platform that allowed third-party attackers to manipulate all Coinbase order books…[continue reading]

2) Netflix Launches A New Series On The 120,000 Bitcoin Bitfinex Breach

Netflix, the streaming and production powerhouse, is now developing a documentary series on the notorious Bitfinex breach – one of the largest financial crimes of 2016, including the theft of 119,756 Bitcoin (BTC) – at the time worth $72 million…[continue reading]

3) Uber’s CEO Announces Plans To Accept Cryptocurrency Payments

Dara Khosrowshahi said that there are constant discussions concerning cryptocurrency throughout the organisation. The Trust Project is a global partnership of news organisations dedicated to developing transparency standards…[continue reading]

4) OnlyFans Now Supports The NFT Profile Picture Feature

Initially, OnlyFans will support only NFTs generated on Ethereum, which will be identified as legitimate by an emblem on the profile image. Rather than the usual circle photo utilised by the majority of platforms as the infrastructure for profile photographs, verified NFTs on profile pictures have drifted toward a hexagonal boundary…[continue reading]

5) China’s CDC Proposes A Worldwide Vaccination Monitoring System Based On Blockchain And 5G

Notably, the World Health Organization (WHO) issued interim recommendations for the creation of smart vaccination certificates (SVCs) in March 2021, as well as the notion of digital vaccination certificates (DVCs)…[continue reading]

6) The Amazon: Forest-Saving NFTs Sold Out In An Hour

Moss is a climatic firm based in Brazil. They are in the business of selling blockchain-based environmental solutions. Until recently, they have been renowned for selling carbon credits to large corporations (such as airlines) that are wreaking havoc on the environment. The airline purchases carbon credits, and Moss offsets them by planting trees and conserving the rainforest, thus repairing the harm done by corrupt corporations…[continue reading]

7) The Head Of India’s Central Bank Dismisses Cryptocurrencies As Being Worth ‘Not Even A Tulip’

Shaktikanta Das, the governor of the Reserve Bank of India, criticised private cryptocurrencies on Thursday, February 10, claiming they endanger the country’s macroeconomic and financial stability and erode its power to address both…[continue reading]