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Crypto News Daily – Feb 9, 2022 – Peter Dillon

Crypto News Daily – Feb 9, 2022

Last Updated on February 11, 2022

Wells Fargo suggests that cryptocurrencies could be near a “hyper-adoption phase”, like the internet during the mid-to-late 1990s. With the rapidly growing number of crypto users in the world they believe crypto to be in an “early, but not too early,” investment stage at present.


Cardano had a total number of transactions 30.4 million. The company boasted a whopping 894,940 transactions in the first eight days of February.


The U.S. Justice Department arrested Ilya Lichtenstein and his wife Heather Morgan accused of attempting to launder more than 119,000 BTC of stolen funds from the 2016 hack from the exchange Bitfinex. The New York-based couple recently sent the sum to a digital wallet under Lichtenstein’s control. READ MORE


Polygon‘s native stablecoin protocol Qi DAO was exploited in a hack where its Suplerfluid vesting contract was compromised yesterday. The hackers managed to take away $13 million in various tokens, including QI, WETH, USDC, SDT, MOCA, STACK, sdam3CRV and MATIC. 

Russia, Ukraine And Crypto:
https://decrypt.co/92468/ukraine-using-bitcoin-crowdfund-war-russia-report

Puerto Rico Tax Haven:
https://decrypt.co/92437/puerto-rico-crypto-tax

Intro To Arweave:
https://cryptoslate.com/intro-to-arweave-a-blockchain-cloud-storage-platform-footprint-analytics/
Also read more:
https://www.arweave.org
https://owf.dev

Russia And Central Bank Agree On Crypto:
https://cointelegraph.com/news/russian-gov-t-and-central-bank-agree-to-treat-bitcoin-as-currency
Also Read:
Russia Could Pocket 13B Yearly In Crypto Taxes