Key news (07 - 13 of February, 2022):

PayPal has formed an advisory council to support crypto-related products and help guide the company on creating a digital financial system, Jose Fernandez da Ponte, a senior vice president for blockchain, crypto and digital currencies at PayPal, said;

On Sunday, February 13, the final game for the title of champion of the National Football League was held in the United States. Cryptocurrency companies showed an industry-record number of ads in the Super Bowl;

In 2021, the volume of mergers and acquisitions in the cryptocurrency industry reached $55 billion compared to $1.1 billion in 2020. The growth rate was 4846%, follows from the report of the audit company PwC;

Dara Khosrowshahi, the chief executive officer, said Uber will accept cryptocurrencies “at some point” in the future; 

Intel on Friday officially announced that it's developing energy-efficient blockchain accelerators. The upcoming ASIC will ship later this year;

On the day of the Beijing Winter Olympics Opening Ceremony, event attendees made more transactions with eCNY than with Visa. The Wall Street Journal writes about this, citing sources;

Cryptocurrency exchange PancakeSwap has abandoned the status of a decentralized platform. The developers have implemented in the smart contract on Binance Smart Chain (BSC) the function of blocking access by IP address if it identifies the user as a resident of one country on the US sanctions list;

On Saturday, February 12, the bitcoin network hash-rate hit an all-time high above 248 EH/s. The indicator increased by more than 30% in a single day, according to Glassnode;

The U.S. Justice Department said on Tuesday it has unraveled its biggest-ever cryptocurrency theft, seizing a record-shattering $3.6 billion in bitcoin tied to the 2016 hack of digital currency exchange Bitfinex and arresting a husband-and-wife team on money laundering charges.

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