In today's crypto news, former Binance CEO Changpeng Zhao has been appointed as an adviser to Pakistan's newly formed Crypto Council, aimed at integrating blockchain technology and digital assets. Zhao's role will involve providing guidance on regulation and infrastructure to enhance international investment in Pakistan's low-cost, high-growth market. Additionally, a significant event occurred in the Ethereum network, where a whale deposited $14 million in ETH to prevent liquidation on a $340 million short position amidst a market downturn. This emergency deposit was made to adjust the liquidation price of a 220,000 ETH position on MakerDAO. Meanwhile, the Bitcoin network has reached an unprecedented milestone with its hashrate surpassing 1 zetahash per second, a significant increase from earlier benchmarks. This achievement marks major growth in the network's processing power, reflecting the evolving landscape of cryptocurrency mining and usage.

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