Weekly Report (28 Nov. – 04 Dec. 22) | What Happened This Week In Crypto

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

1) Ankr Verifies The Exploit And Requests A Trade Stop Immediately

The decentralized finance system has announced that it is collaborating with exchanges to immediately cease trade of its BNB staking rewards currency, aBNBc. Ankr, a BNB Chain-based decentralised finance (DeFi) system, announced that it was the victim of a multimillion-dollar attack on December 1…[continue reading]

2) CFTC Chairman Reconsiders Ethereum’s Status As A Commodity

After years of arguing the opposite, Rostin Benham’s opinion on crypto commodities suddenly matches that of Gary Gensler. The head of the Commodities and Futures Trading Commission (CFTC), Rostin Benham, has retracted prior remarks that Ether (ETH) and other alternative cryptocurrencies should come within his agency’s authority…[continue reading]

3) Apple Has Asked 30% Of All NFT Transfer Gas Costs, According To Coinbase Wallet

Coinbase Wallet said that Apple’s proposal was “obviously impossible” and that “Apple’s In-App Purchase mechanism does not handle cryptocurrencies.” Coinbase Wallet said on December 1 that Apple has rejected its most recent application update and demanded 30% of all NFT transfer gas costs…[continue reading]

4) Telegram Offers $50 Million Worth Of Usernames On The Open Network Blockchainv

Telegram has sold over $50 million in usernames, according to the company’s creator, Pavel Durov. In just less than one month, Telegram reportedly sold $50 million worth of usernames on The Open Network, a blockchain the firm created, according to Telegram founder and CEO Pavel Durov…[continue reading]

5) Indonesian Central Bank Publishes Digital Rupiah Whitepaper To Establish Wholesale CBDC First

Project Garuda, the national drive to build a digital rupiah, would be carried out in three phases, with the wholesale digital rupiah being investigated first, according to the whitepaper issued by Bank Indonesia on Wednesday…[continue reading]