Shorts cryptonews for this week 6/52 (2022)

Shorts cryptonews for this week 6/52 (2022)

By Pasucaru | Crypto on fire | 12 Feb 2022


- This week, Bitcoin resumes some growth and exceeds $45,000 and Ethereum $3200

- Polygon has raised 450 million dollars from some forty venture capital firms determined to take up the challenge of Web 3.0. (Yahoo)

- The Crypto.com platform recently announced the signing of a 9-year contract with the Formula 1 Grand Prix.

- Binance has invested $200 million in the famous American magazine Forbes. (CNBC)

- Alfa Romeo will use blockchain for its next vehicle, the Tonale SUV. Each vehicle will be linked to its own NFT which certifies it and which acts as a maintenance book. (Cointelegraph)

- Gucci enters The Sandbox metaverse by purchasing its own virtual land.

- KPMG's independent subsidiary in Canada has added BTC and ETH to its treasury. The amount of the investment was not disclosed.

- US authorities have just carried out one of the largest seizures of funds in history! About 94,000 BTC, or $4 billion at the current price. These funds are said to have come from the Bitfinex hack in 2016. (Washington Post)

- The UN says North Korea continues to attack trading platforms to fund its nuclear weapons programs.

- The Belarusian Ministry of Finance has published amendments to allow investment funds to trade cryptocurrencies.

- The government and the Russian central bank have reached an agreement on the regulation of crypto. Russia will recognize crypto assets as foreign currency. (Kommersant)

-"Bitcoin is a speculative asset. Its high price volatility makes it unsuitable as a store of value." Isabel Schnabel (Member of the Executive Board of the European Central Bank) versus “Cryptocurrencies could soon exit the early adoption stage and enter a hyper-adoption inflection point similar to other technologies like the internet in the 90s.” U.S. Bank Wells Fargo (Cointelegraph)

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