Learn Crypto in Minutes, not Hours…📚
Community Update 48
Good Afternoon Zashers,
In this week’s edition, we’ll launch Zash Learn, a central, verified and trusted repository of information to help you in your crypto journey, explore this week’s headlines in web3 and Crypto news and more! Check out what’s going on below ⬇️
Zash Learn 📚
At Zash, we’re all about building a verified crypto community, but we get it’s hard to get started in the space. That’s why we want to give you a one stop shop for all things crypto education, in the form of Zash Learn. Zash Learn is a new section within our app, where we’ll be curating trusted information to learn the fundamentals of crypto and web3. If you have any suggestions on topics you’d like covered, let us know on our Discord or shoot us an Instagram DM!
Web3 Insight 🌐
Last week, over $30 million of cryptocurrency was stolen from crypto.com account holders, with the Singapore based exchange indicating that the incident allowed unauthorised withdrawals of 4,836.26 Ethereum tokens worth around $15 million and 443.93 bitcoin tokens worth around $17.3 million as well as approximately $66,200 in other cryptocurrencies. Although the hack victims were refunded by the exchange platform, The 2FA bypass of Crypto.com led to the introduction of the company’s Worldwide Account Protection Program (WAPP) that would reimburse “qualifying users” in “select markets” with up to $250,000 after unauthorised withdrawals. Here’s a video that explains the hack in more detail 👇
Alphabet’s Google Cloud division is forming a team to win blockchain business after making a concerted effort in retail and other industries. An announcement last week by Yolande Piazza, Google Cloud's vice president of Financial Services, said the firm has established a Google Cloud Digital Assets Team that will assist clients in creating, trading, storing value and launching new products on blockchain-based platforms.
Football fan platform Copa90 has hired Petrit Berisha in the newly-created role of head of cryptomedia to sniff out opportunities in the burgeoning world of crypto, NFTs and the blockchain. The new role has been created to understand Crypto as the new paradigm for media and football. Is cryptomedia a role we’re going to see more of now?
A report by Chainalysis shows that criminals laundered $8.6bn (£6.4bn) of cryptocurrency in 2021, up by 30% from the previous year. Chainalysis tracks cryptocurrency wallets controlled by criminals such as ransomware attackers, malware operators, scammers, human traffickers, dark net market operators, and terrorist groups. By following the flows of cryptocurrency from addresses associated with criminal activity, Chainalysis was able to estimate the amount "laundered".
Android users, don’t worry, we haven’t forgotten about you! The much-awaited Android app is very close to public launch. If you want to be among the first to know, make sure you join our Discord here 👇
Reading List 💡
Tech News 🖥️
Apple has launched a guide with “step-by-step” instructions on how users can protect themselves from being tracked with AirTags, small trackers used to locate keys and wallets.
Elon Musk has said that it’s more important Tesla builds a “robot” than new car models this year, with the company prioritising its humanoid robot over the production of the Cybertruck and development of other models.
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See you next week!