Blockchain DXB

By Blockchain DXBBusiness

Blockchain DXB episodes

April 04, 2023 Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 04th April 🚨 Trio of Canadian Crypto Exchanges Merges 🟠Glassnode insights🟠 CoinShares blogs 👀Uniswap volume > Coinbase
04th April: Crypto & Coffee at 8 🎙️
🚨Trio of Canadian Crypto Exchanges Merges 🟠Glassnode insights🟠 CoinShares blogs 👀Uniswap volume > Coinbase
⚡Canadian crypto exchanges WonderFi (WNDR), Coinsquare and CoinSmart have revealed plans to merge, creating what would be one of the world’s largest crypto trading platforms. Official news here https://lnkd.in/d6bcqHym Newsfile Corp. has reported that The Combined Company will have transacted over $17 billion since 2017 and have over $600 million in assets under custody, with a registered user base in excess of 1.65 million Canadians.
➕ News such as this could be bullish and Shares of Kevin O’Leary-backed WonderFi have surged nearly 50% following the announcement. Info https://lnkd.in/dcqnr5H6
⚫ Glassnode weekly insights discuss the Binance stablecoin shuffle. The insight assesses the immediate response of digital asset holders with respect to Binance, and whether any structural shifts are found in their token reserves. The insight also analyses the wider Bitcoin investor response through the lens of supply dynamics &the movement of coins between holders. https://lnkd.in/dBzY5PK4 The insight states that The digital asset market is under some of the heaviest regulatory pressure in many years, and yet the conviction and confidence of Bitcoin holders appear unshaken. Quite a remarkable observation given the situation.
🎙️ Check out Blockchain DXBs Crypto & Coffee at 8 podcasts where we explore this area in detail.
📊 CoinShares weekly blog via Medium states that there has been lacklustre investor activity last week with inflows of US$2.5m & trading volumes in investment products falling by 33% compared to the prior week. But Sentiment for Bitcoin was fairly supportive, seeing inflows of US$8.8m, while short bitcoin saw outflows of US$2.5m. The outflows in Ethereum (US$2.8m) and inflows into short-Ethereum (US$0.5m) suggest investors remained concerned about the upcoming Shanghai upgrade. Blog here https://lnkd.in/d7pE-zgp

❓ How will Shanghai upgrade impact the price of #ETH?
🚨 Uniswap > Coinbase
🔸 The Block has reported that Uniswap volume beats Coinbase and registers its best month since 2022. The increased volume on Uniswap comes amid threats from the government of regulatory actions against centralized crypto businesses in the U.S., particularly in February and March. Article here https://lnkd.in/dydVq8-N
- Spot market volume on Uniswap was above $70 billion for the first time since January 2022, beating Coinbase again.
- Coinbase volume was $49.4 billion last month up from $40 billion in February.
🟠 Two UAE news (See slides for more info)
⚡ Dubai International Arbitration Centre unveils Metaverse platform
⚡ Dubai Supreme Council of Energy reviews Dubai Electricity & Water Authority — DEWA’s achievements in AI and data management
For slides click here: https://tinyurl.com/mvv9patr
LinkedIn Profile: https://tinyurl.com/569zh78j
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⚡ The Race Space Podcast
🎙️ Instagram: @theracespoacepodcast
Podcast Host: @am_aminoo_
Podcast Host: @george_crewe
Podcast Host: @black_incarnation
🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman
Listen here https://tinyurl.com/y26cu3td
⚫ Spartan Trail: 08th April Dubai Night Trail Link here https://tinyurl.com/2s3af2jt Use Discount code SA-KZ5K for 25% off
⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d
⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6
⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28 #blockchaindxb #metaverse #btc #dogecointothemoon
35 min
April 03, 2023 Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 03rd April 🚨 ⚡ Dr Doom: Future of the Banking Industry 🚨SEC goes after Beaxy Exchange 👀 Peter Schiffs “The biggest economic disaster” 📊Stable coin volume🔻
03rd April: Crypto & Coffee at 8 🎙️
⚡ Dr Doom: Future of the Banking Industry 🚨U.S. Securities and Exchange Commission goes after Beaxy Exchange 👀 Peter Schiffs 250th prediction “The biggest economic disaster” 📊Stable coin volume🔻

‘🦹🏼‍♂️ Dr. Doom’, Nouriel Roubini says ‘Most U.S. banks are technically near insolvency, and hundreds are already fully insolvent,’ Looks like U.S. Banks on the Brink: Hundreds Insolvent and Many More Near Collapse. An Interesting article here via MarketWatch here https://lnkd.in/dgKbk6ZP
❗Where does Bitcoin fit into all of this?
🎙️Check out the Blockchain DXBs podcast where we share our thoughts & comments on it
🙍🏼‍♂️ Peter Schiff’s 250th financial collapse prediction may be possible as he warned of “the biggest economic disaster” in US history. He has stressed that we are on the cusp of a financial crisis and “it’s going to be much bigger than the last.” In addition, he said the U.S. dollar is being debased to fund the bank bailouts. More info via Bitcoin.com here https://lnkd.in/dcZExjqf

🔸 Are we heading to Hyperbitcoinization?
🔸 Will the price of #BTC reach $1 million?

📊🔻 The 24hr volume of all stablecoins is now $26.69B, which is 85.53% of the total; crypto market. See slides 1 & 2 to get more info &

👮 U.S. Securities and Exchange Commission charges crypto trading platform Beaxy Exchange and its executives for operating an unregistered exchange, broker, and clearing agency. Official press release here https://lnkd.in/dN239-Ps

❌ https://www.beaxy.com/ website says: Suspension of services on Beaxy Exchange Regrettably, we are announcing the immediate suspension of services on Beaxy Exchange. Due to the uncertain regulatory environment surrounding our business, we have made the difficult decision to cease operations.

🚨 Chairman of SEC, Gary Gensler said in a congressional hearing that the securities regulator “requires new tools, expertise, & resources” to combat misconduct in the crypto space. “We’ve seen the Wild West of the crypto markets, rife with noncompliance, where investors have put hard-earned assets at risk in a highly speculative asset class,” he stressed. Full video via YouTube here at Budget Hearing — Fiscal Year 2024 Request for the U.S. Securities and Exchange Commission https://lnkd.in/dqb8DHAJ

🟠 Two UAE news: (See slides)
⚡ Gofaizen & Sherle launches A New Service in Dubai
⚡ Saudi Arabia: NFT marketplace NuqtahNFT raises Seed round
For slides click here: https://tinyurl.com/ymuch6za
LinkedIn Profile: https://tinyurl.com/569zh78j
To help support his channel:
☕ Buy me Coffee ☕
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⚡ The Race Space Podcast
🎙️ Instagram: @theracespoacepodcast
Podcast Host: @am_aminoo_
Podcast Host: @george_crewe
Podcast Host: @black_incarnation
🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman
Listen here https://tinyurl.com/y26cu3td
⚫ Spartan Trail: 08th April Dubai Night Trail Link here https://tinyurl.com/2s3af2jt Use Discount code SA-KZ5K for 25% off
⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d
⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6
⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28 #blockchaindxb #metaverse #btc #dogecointothemoon
38 min
March 30, 2023 Excellent conversation with Christopher Hutchison, Spartan Arabia Regional Business Development Manager, + Hyrox Middle East! The voice of Spartan Arabia ! Aroo!
Blockchain DXB & The Race Space Podcast
Christopher Hutchison, Spartan Arabia Regional Business Development Manager, + Hyrox ME
Guest: Christopher Hutchison, Spartan Arabia Regional Business Development Manager, + Hyrox Middle East
Host: RA George
Date 29th March: Time 11:00 am
Google Meet: Audio version
Contact details
Christopher Hutchison
LinkedIn: https://tinyurl.com/bdhu592k
Instagram: @hutchthecoach https://tinyurl.com/3xa6kekx
Sparta Arabia
Instagram: @spartanarabia https://tinyurl.com/y28wpd6b
Facebook: https://tinyurl.com/557txbm4
Twitter: @spartanarabia https://tinyurl.com/yc3cwxfr
Spartan Trail:
Instagram: @spartantrailarabia https://tinyurl.com/55h8jwj7
Hyrox Middle East:
Instagram: @hyrox@me https://tinyurl.com/4m3kd3w4
Registration link for events:
• 08th April
o Spartan Trail: Dubai Night Trail Link here https://tinyurl.com/2s3af2jt
o Hurricane Heat: Dubai Night Hurricane Heat 4Hr Link here https://tinyurl.com/2s3af2jt
• 15th April
o Spartan Kids: Expo City Dubai Spartan Kids Night Race Link here https://tinyurl.com/bdf4258m
• 25th – 26th Nov
o Hatta Spartan Trifecta Weekend & Trail Half Marathon & 10K Link here https://tinyurl.com/4beyh2aj
Summary of the conversation
• Brilliant conversation with the voice of Spartan Arabia & Hyrox Middle East
• We discussed Christopher Hutchison's background in Fitness & profession as a DJ.
• Chris shared his journey of getting into Spartan Race & also shared his first OCR event.
• We discussed his experience with Spartan Events in the middle east.
• Chris shared the changes he has seen over the years in the OCR community in the MENA region.
• Chris shared the importance of experience at the events & making them memorable for participants and athletes.
• Chris also shared their interest in corporates getting into OCR events.
• Chris shared details of the upcoming event in April (Please see show notes above for registration links)
• He gave a detailed breakdown of what to expect at the upcoming events.
• Chris offered sound advice to other race directors and event organizers in the region.
• We also discussed the impact of OCR on the new generation of athletes.
• We discussed the business challenges during the Covid Era and how the business sustained.
• Chris shared his business endeavours of getting Hyrox in the middle east.
• He shared his experience in competing in these events.
• Offered sound advice for OCR athletes to get into Hybrid fitness events.
• We discussed the possibility of accepting cryptocurrency as a form of payment.
• Explored the possibility of OCR & Hybrid events in Metaverse.
• Chris offered brilliant advice to listeners.
• Chris also answered some fun questions posed by Spartan Bran Ambassadors and listeners of the podcast.
• He also shared his thoughts on the Spartan's ambitions of being part of the Olympics.
• We discussed some of the Pro Athletes & World champions.
• He shared his passion for music.
Thanks for the podcast session.
For feedback or suggestion email: [email protected] or [email protected]
1 hr 18 min
March 30, 2023 Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 30th March 👽 Pause on AI development 🚨OKX info on FTX and Alameda Research ➕ news about Australia 🔥 Hyperbitcoinization + Central Bank Digital Currency
30th March: Crypto & Coffee at 8 🎙️
👽 Pause on AI development 🚨OKX info on FTX and Alameda Research ➕ news about Australia 🔥 Hyperbitcoinization + Central Bank Digital Currency👽💻Future of Life Institute (FLI) is calling on AI labs to temporarily pause training powerful models! Tesla CEO Elon Musk, Apple co-founder Steve Wozniak, and a host of AI CEOs, CTOs and researchers were among the signatories of the letter, Letter here https://lnkd.in/du5ugG3M As of now it has 1377 signatures. The letter states AI systems with human-competitive intelligence can pose profound risks to society and humanity, as shown by an extensive research[1] and acknowledged by top AI labs.🎙️ Check out the Blockchain DXBs Crypto & Coffee at 8 podcasts where we share our thoughts on it. To make it interesting in today’s podcast we have a 15-year-old who has used OpenAI chatGPT to talk about Hyperbitcoinization + Central Bank Digital Currency. The entire content was written in less than 3 minutes.
⚡OKX says it has identified $157 million in digital assets belonging to FTX and Alameda Research and is turning them over to the bankruptcy estate for the former companies. Official news here https://lnkd.in/dPBSdpb2 & Official tweet here https://lnkd.in/dVTugrCU⚡ New Office in Australia: The announcement was made at an exclusive event for Australia’s crypto community at the Arts Centre Melbourne and was attended by OKX Ambassadors Scotty James and Daniel Ricciardo. https://lnkd.in/dhX3wmqy⚡ Volt is “Volted” to announce our partnership with OKX As part of this partnership aimed at leveraging each other’s web3 capabilities, they are glad to announce the first step is the OKX Wallet integration on #VOLTICHANGE https://lnkd.in/dfUJaK9m This integration is a significant development for both platforms, allowing for cross-platform compatibility and seamless trading. OKX Wallet and Voltichange have collaborated to provide users with a simple and efficient way of accessing decentralized exchange service🚨 Two UAE news ( See slides)
⚡ IR4LAB | مختبر الثورة الصناعية 4 has successfully completed a pilot project to track donations using Blockchain
⚡ Hyperbitcoinization& UAE’s Central Bank Digital Currency: Thoughts of a 15-year-old in DXB Central Bank of The UAE OpenAIFor slides click here: https://tinyurl.com/3bk42j3sLinkedIn Profile: https://tinyurl.com/569zh78jTo help support his channel:
To help support his channel:

LinkedIn Profile: https://tinyurl.com/569zh78j
To help support his channel:
☕ Buy me Coffee ☕
🚨 Link here https://www.buymeacoffee.com/info36/w/6987
🚨 Link here https://www.buymeacoffee.com/info36

⚡ The Race Space Podcast
🎙️ Instagram: @theracespoacepodcast
Podcast Host: @am_aminoo_
Podcast Host: @george_crewe
Podcast Host: @black_incarnation
🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman
Listen here https://tinyurl.com/y26cu3td
⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d
⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6
⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28 #blockchaindxb #metaverse #btc #dogecointothemoon
37 min
March 29, 2023 Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 29th March 🚨 🔵 Senate plans to ban crypto wallet! 🚨 European Banking Federation paper on European digital money ⚡ Crypto Fear & Greed Index: GREED
29th March: Crypto & Coffee at 8 🎙️
🔵 Senate plans to ban crypto wallet! 🚨 European Banking Federation paper on European digital money ⚡ Crypto Fear & Greed Index: GREED
🟦 Left-leaning administration Elizabeth Warren is pushing the Senate to ban your crypto wallet Cointelegraph has reported that Elizabeth Warren is back with an Anti-Money Laundering act that would among other things make it mostly illegal for you to use your own crypto wallet. The bill is particularly harsh on decentralized finance (DeFi), including noncustodial ones, requiring platforms to record the personal information of users and submit it to the government without a warrant or probable cause.
Check out Blockchain DXBs Crypto & Coffee at 8 podcasts where we explore this area in detail.🔥 The European Banking Federation is the voice of 33 national banking associations from all across Europe, representing over 3,500 banks & they have published a vision paper on a Digital Euro Ecosystem. The paper focuses on the retail digital euro & can be found here https://lnkd.in/dx69TjWZ Some of the highlights of the paper include
- creates value for end-customers and the economy for existing and new innovative use cases, without crowding out payment services provided by the private sector,
- preserves financial stability and bank funding, thus maintaining European banks’ lending capacity to the economy,
- foresees a robust business model so so incentivize intermediaries to provide services and innovate based on the digital euro,
- balances design choices to safeguard the privacy and enable the fulfilment of compliance requirements (KYC, AML, CFT) while allowing intermediaries to process customers’ payment data based on customers’ consent to provide value-added services, and
- leaves ample room for the private sector to add on solutions and services to better serve customers.👀 Binance CEO Changpeng Zhao has addressed the allegations against him by The U.S. Commodity Futures Trading Commission (CFTC). Official blog here https://lnkd.in/dhSF9nPv & it states the complaint appears to contain an incomplete recitation of facts, and Binance does not agree with the characterization of many of the issues alleged in the complaint. A few areas in the blogs are related to the following points
⚡ Technology for Compliance & US Blocks
⚡ Cooperation and Transparency with Law Enforcement
⚡ Registrations and Licenses
⚡ Trading
🔥 The Crypto Fear & Greed Index is Greed, detailed information here https://alternative.me/ could this sentiment change over the weekend?
- Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
- When Investors are getting too greedy, that means the market is due for a correction.🟠 Two UAE news: (See slides)
⚡ BNB Chain and Fellaz Team used NFT Ticketing to Ultra Music Festival in Abu Dhabi
⚡ Dubai-headquartered Eureeca to focus on building the first democratised digital investment bankFor slides click here: https://tinyurl.com/54shzr6jLinkedIn Profile: https://tinyurl.com/569zh78j
To help support his channel:

LinkedIn Profile: https://tinyurl.com/569zh78j

To help support his channel:
☕ Buy me Coffee ☕
🚨 Link here https://www.buymeacoffee.com/info36/w/6987
🚨 Link here https://www.buymeacoffee.com/info36

⚡ The Race Space Podcast
🎙️ Instagram: @theracespoacepodcast
Podcast Host: @am_aminoo_
Podcast Host: @george_crewe
Podcast Host: @black_incarnation
🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman
Listen here https://tinyurl.com/y26cu3td
⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d
⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6
⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28 #blockchaindxb #metaverse #btc #dogecointothemoon

43 min
March 28, 2023 Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 28th March 🚨🔥 Binance and Changpeng Zhao sued by CFTC 💰 Michael Saylor’s MicroStrategy on #BTC Buying Spree ⚡ Gucci + Bored Ape Yacht Club
28th March: Crypto & Coffee at 8
🔥 Binance and Changpeng Zhao sued by CFTC 💰 Michael Saylor’s MicroStrategy on #BTC Buying Spree ⚡ Gucci + Bored Ape Yacht Club
🚨 The U.S. Commodity Futures Trading Commission has charged
Binance with willful evasion of federal law as the regulator insists Binance operated an illegal digital asset derivatives exchange. The CFTC and other federal agencies, including the Justice Department, have been investigating Binance for several years. Official filing here https://lnkd.in/dBD6BXmC
👮 The complaint also charges Samuel Lim, Binance’s former chief compliance officer, with aiding and abetting Binance’s violations.
- Binance BNB has been down by 6% since the news
- Binance BUSD market cap is down to $7.86 Billion
- Funds are #SAFU
🤑 The Global crypto market has been down ever since the interest rate hike of 25 basis points MicroStrategy has been on buying spree though! MicroStrategy has increased its total Bitcoin holdings to 138,955 BTC, purchased for $4.1 billion at an average of $29,817 per coin. Michael Saylor has mentioned via Twitter that MicroStrategy repaid its $205M Silvergate Bank loan at a 22% discount. As of 3/23/23, $MSTR acquired an additional ~6,455 bitcoins for ~$150M at an average of ~$23,238 per #bitcoin & held ~138,955 BTC acquired for ~$4.14B at an average of ~$29,817 per bitcoin. Tweet here https://lnkd.in/dZ4JWZmk & Official news & filings with Security Exchange Commission here https://lnkd.in/dfA6uFmM
❌Michael Saylor is definitely not the ideal advocate of Bitcoin as he often posts #fakenews incorrect and misleading information about bitcoin #fact. The only reason he is promoting Bitcoin is that in doing so the demand increases and his own network in Bitcoin increases
❌ Looks like Bitcoins are in the hands of Multibillionaires, multi-millionaires, Celebrities & Early adopters. This is definitely not ideal for a Peer-to-Peer electronic cash system. With the accumulation of Bitcoin among selected individuals Bitcoin as sound money may be a terrible idea. Check out Blockchain DXBs Crypto & Cofee at 8 where we explore this area in detail and share our opinions on this
🟠 Gucci reveals Metaverse tie-up with Bored Ape Yacht Club creator Yuga Labs. Decrypt article here clearly states https://lnkd.in/detvZd25 Luxury fashion brand Gucci is taking further steps into Web3 with Yuga Labs, with first plans set to get underway this week. More info via Twitter here https://lnkd.in/dKcW6DXZ
- However, details of the deal are relatively scarce, with the CEO of Gucci Vault and metaverse ventures Robert L. Triefus telling The Business of Fashion that the tie-up will give the fashion label “an active role in Otherside and 10KTF’s continuing narrative.”
🟠 Two UAE news (See slides)
⚡ Dubai unveils the world’s first secured digital certificates
⚡ Al Jalila Foundation launches UAE’s first charitable NFT collection
For slides click here: https://tinyurl.com/4b47nmet
LinkedIn Profile: https://tinyurl.com/569zh78j
To help support his channel:
☕ Buy me Coffee ☕
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⚡ The Race Space Podcast
🎙️ Instagram: @theracespoacepodcast
Podcast Host: @am_aminoo_
Podcast Host: @george_crewe
Podcast Host: @black_incarnation

🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman
Listen here https://tinyurl.com/y26cu3td
⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d
⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6
⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28 #blockchaindxb #metaverse #btc #dogecointothemoon
36 min
March 27, 2023 Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 27th March 🚨 🔥 US bank: $ 1.7 trillion Unrealized Loss. 🔴The U.S. government: 205,515 BTC 🟠 Metaverse NFT Trading 🚀 XRP 🆚 Security Exchange Commission
27th March: Crypto & Coffee at 8 🎙️
🔥 US bank: $ 1.7 trillion Unrealized Loss. 🔴The U.S. government: 205,515 BTC 🟠 Metaverse NFT Trading 🚀 XRP 🆚 Security Exchange Commission

📊 The rapid collapse of Silicon Valley Bank, Signature Bank, Silvergate Bank, Credit Suisse maybe? has definitely shaken & questioned the “trust” in traditional finance. Interesting article here by Fortune that discusses U.S. Banks are sitting on $1.7 trillion in unrealized losses, research says. That’s not a problem until it is. https://lnkd.in/d4jCina9
❗ A new paper by researchers at New York University on March 13 found that they aren’t the only ones with these issues U.S. banks had unrealized losses of $1.7 trillion at the end of 2022. The losses were nearly equal to the banks’ total equity of $2.1 trillion.

🎙️ Check out the Blockchain DXB podcast where we explore this in detail and also discuss where Bitcoin & Cryptocurrency fit in during the banking financial crisis.

⚡ As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. Bitcoin.com reported that The cache of bitcoins resulted from three forfeitures that began in 2020. Article here https://lnkd.in/dE3GbNbg The current estimate of 205,515 bitcoins (BTC) comes from Dune Analytics set of metrics created by 21Shares, an exchange-traded product provider.
🟥 Record-Breaking Performance
🚀 DappRadar published an article on the 23rd that states that Virtual Worlds Soar: Record Land Sales Generate $311M. In Q1 of 2023 surges with $502 million in investments in blockchain gaming and the metaverse. Article here https://lnkd.in/dWsjD_SH
Some of the highlights via DailyCoin are
- Metaverse NFT trading volume reached an all-time high in Q1 2023.
- Virtual land trading soared by 277% since Q4 2022.
- Digital Fashion and Web3 gaming emerged as top prospects for growth.
🔹 The article here https://lnkd.in/dc7PE_4f states Interest in Web3 gaming and the metaverse has significantly increased in recent years. In the first quarter of 2023, the sectors have shown remarkable growth, with investors and companies flocking to capitalize on the trend.
🟦 CNBC published an article last week that discussed the drama between Ripple VS SEC.
🆚 The article here https://lnkd.in/dMxN4nQQ states XRP cryptocurrency jumps as investors hope Ripple will win a legal battle with the SEC. Monica Long, president of Ripple, told CNBC Wednesday she is “very hopeful” about achieving a positive resolution to the SEC case, with an outcome expected “sometime this year.”

Check out our commentary on this in our Crypto & Coffee at 8 episodes for today on this
🚨 Two UAE News (See slides)
⚡ Dubai Police HQ NFT named Best NFT Government Project
⚡ Central Bank of The UAE launches the Central Bank Digital Currency Strategy “The Digital Dirham”
For slides click here: https://tinyurl.com/2p82add2
LinkedIn Profile: https://tinyurl.com/569zh78j
To help support his channel:
LinkedIn Profile: https://tinyurl.com/569zh78j

To help support his channel:
☕ Buy me Coffee ☕
🚨 Link here https://www.buymeacoffee.com/info36/w/6987
🚨 Link here https://www.buymeacoffee.com/info36

⚡ The Race Space Podcast
🎙️ Instagram: @theracespoacepodcast
Podcast Host: @am_aminoo_
Podcast Host: @george_crewe
Podcast Host: @black_incarnation
🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman
Listen here https://tinyurl.com/y26cu3td
⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d
⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6
⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28 #blockchaindxb #metaverse #btc #dogecointothemoon

39 min
March 23, 2023 Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 23rd March 🚨 25-basis points hike announced by FED 🟠 Hyperbitcoinization a possibility? 🔴 SEC goes after Coinbase of Justin Sun, founder of Tron
23rd March: Crypto & Coffee at 8
🚨 25-basis points hike announced by Federal Reserve Board 🟠 Is Hyperbitcoinization a possibility? 🔴 Security Exchange Commission goes after Coinbase & H.E. Justin Sun 🇬🇩 from Tron
👀 The banking crisis in the USA fails to pause the FED rate hike Jerome Powell announced 25 basis points, at the FOMC meeting, official news via YouTube here https://lnkd.in/dK-zAPrr. The labour market is definitely looking good in the USA. Federal Reserve Board & Federal Deposit Insurance Corporation (FDIC) have saved the USA’s banking crisis.
🔴 Republicans are requesting Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank, article by CNBC here https://lnkd.in/dGjf_z9m
👁️ What kind of an impact will this have on the price of #bitcoin, #cryptocurreny and the global market? The global crypto market cap is down since the announcement of $1.16T. See slides 1 & 2 below and check out Blockchain DXBs Crypto & Coffee at 8 podcasts where we explore this area in detail
❗Hyperbitcoinization❗
👎🏻 Balaji S. former CTO of Coinbase is hoping for Hyperbitcoinization & a bank run in the next 90 days. A very unlikely scenario.
🚨 #fact The only reason Bitcoin maximalists and crypto enthusiasts want Hyperbitcoinization is in doing so the value of Bitcoin will increase and their own existing net worth in Bitcoin & Crypto increases.
🔥 War on Crypto
🔻 Brian Armstrong, Co-Founder & CEO of Coinbase mentioned via Twitter that Coinbase received a Wells notice from the SEC focused on staking and asset listings. A Wells notice typically precedes an enforcement action. Tweet here https://lnkd.in/ddgPX5Tq
🔹 MarketWatch has reported that Coinbase stock sinks 16% after crypto exchange discloses SEC warning. Article here https://lnkd.in/dGzssgsh
🔹 Catherine Wood of ARK Investment Management LLC sold $13.5M Coinbase shares After Steady Buying Streak
⚖️ Tron Founder Justin Sun is sued by U.S. Securities and Exchange Commission on Securities, on market manipulation charges. As per an article by CoinDesk The regulator alleged TRX and BTT are unregistered securities, and claimed Sun created an “extensive wash trading” program to boost their trading volume. Official filing here https://lnkd.in/d-iDGXz9
📲Telegram Messenger announced USDT stablecoin Payments on Tron Network. Users can now send Tether’s TRC20 to Telegram contacts. Users can now send each other Tether’s stablecoin. The messaging app informed its customers that the wallet function now supports USDT-TRON, better known as TRC20. Decrypt article here states Telegram will only support the asset on Tron TRC20. Article here https://lnkd.in/dtRjTsqn
🟠 Two UAE news ( See slides)
⚡ AmiViz inks new partnership with PolySwarm for the Middle East
⚡ Switzerland’s digital asset bank Sygnum Bank opens Middle East hub in Abu Dhabi
For slides click here: https://tinyurl.com/mvvzef8s
LinkedIn Profile: https://tinyurl.com/569zh78j
To help support his channel:
☕ Buy me Coffee ☕
🚨 Link here https://www.buymeacoffee.com/info36/w/6987
🚨 Link here https://www.buymeacoffee.com/info36

⚡ The Race Space Podcast
🎙️ Instagram: @theracespoacepodcast
Podcast Host: @am_aminoo_
Podcast Host: @george_crewe
Podcast Host: @black_incarnation

🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman
Listen here https://tinyurl.com/y26cu3td
⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d
⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6
⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28 #blockchaindxb #metaverse #btc #dogecointothemoon
40 min
March 22, 2023 Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 22nd March 🚨 🔥 $14 Trillion Earthquake: A crypto bull run? 👀 FOMC meeting later today 🚨The White House takes aim at Crypto.
22nd March: Crypto & Coffee at 8
🔥 $14 Trillion Earthquake: A crypto bull run? 👀 FOMC meeting 🚨The White House takes aim at Crypto.

📊 Forbes has published an article $14 Trillion Earthquake that states Fidelity Investments and BlackRock are quietly laying the groundwork for the next Bitcoin, Ethereum and crypto price bull run, article discusses Larry Fink’s letter https://lnkd.in/dgmb8Gi7. It also states Fidelity Investments has now opened up its crypto trading platform to its 37 million users to buy and sell bitcoin and ethereum commission-free, it was first reported by The Block.

🏦 FOMC Meeting:
Federal Reserve Board chair Jerome Powell will be announcing the interest rate hike, this news could set the tone for the price of the crypto market for the rest of the year. We strongly recommend watching him fo live via YouTube & listening to him and accessing information from the first source.
🚨 Could the FOMC meeting start a bull run and will Balaji S.. bet of Bitcoin to reach $1M in 90 days come true?
❗ Historically all Bitcoin & Cryptocurrency price predictions have been 100% right, 50% of the time!
🟠 Glassnode weekly insights state Bitcoin has outperformed this week, rallying 35.8% against a backdrop of challenging conditions for the traditional financial and banking system. The insight discusses how Bitcoin appears to be shifting up a gear, and rallying out of the deep bear market territory. Here https://lnkd.in/dE7NKsWQ

🟠 CoinShares blog via Medium https://lnkd.in/dJMYV9YU states that last week saw the largest weekly outflows on record totalling US$255m. Bitcoin saw outflows totalling US$244m last week. The negative sentiments were seen in both North America and Europe

👁️ It’s going to be interesting to see how the FOMC news impacts the price of Bitcoin & Cryptocurrencies

😱 The White House: Economic Report of the President included an entire chapter on digital assets and “economic principles.” The 500+ page document is here https://lnkd.in/d_6UBXFg . CoinDesk article states The report also took a minute to say a centralized internet is easier, citing signal creator Moxie Marlinspike. And CBDC’s forthcoming systems like the real-time payment FedNow network “could bring significant benefits to vulnerable segments of the populations.” https://lnkd.in/dBGPuEdf
📛 NFT news:
Sony, The PlayStation 5 maker is stacking NFT-related patent applications, pointing to a more open future for the gaming giant.
Sony proposed that these assets could include items. such as in-game skins, artwork, avatars, weapons, or even “video game skills.
”Sony claimed to have 112 million PlayStation Network users More info via Decrypt here https://lnkd.in/dAv46hVT
🚨 Two UAE news: (See slides)
⚡ MBRSG launches a major report on advancing AI impact on
the digital economy in Dubai MBRSG Social
⚡ Ras Al Khaimah Economic Zone (RAKEZ) issues a law to set up a free zone for digital and virtual asset companies
For slides click here: https://tinyurl.com/3wrpwwt3
LinkedIn Profile: https://tinyurl.com/569zh78j
To help support his channel:
☕ Buy me Coffee ☕
🚨 Link here https://www.buymeacoffee.com/info36/w/6987
🚨 Link here https://www.buymeacoffee.com/info36

⚡ The Race Space Podcast
🎙️ Instagram: @theracespoacepodcast
Podcast Host: @am_aminoo_
Podcast Host: @george_crewe
Podcast Host: @black_incarnation

🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman
Listen here https://tinyurl.com/y26cu3td
⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d
⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6
⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28 #blockchaindxb #metaverse #btc #dogecointothemoon
36 min
March 21, 2023 Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 21st March 🚨 💚 Crypto Fear and Greed Index: GREED 🚨 Bitcoin dominance at 46.5% 📛 BAN on CBDC 👀 Euler Finance exploit & update
21st March: Crypto & Coffee at 8
💚 Crypto Fear and Greed Index: GREED 🚨 Bitcoin dominance at 46.5% 📛 BAN on CBDC 👀 Euler Finance exploit & update
💚 Crypto Fear and Greed Index: At 60 GREED as Bitcoin is on the verge of crossing $28k. Website https://lnkd.in/d4yVqFaG
🔥 Central Bank Digital currency poses a threat to privacy and offers the government full control over individuals spending. Florida governor Ron DeSantis has proposed legislation to prohibit the use of central bank digital currency (CBDC) as money in his state.
👁️ Bitcoin.com reported here https://lnkd.in/dQRh6h2g that Earlier this month, South Dakota Governor Kristi Noem vetoed a bill that was disguised as an update to the UCC guidelines but paves the way for a CBDC while disallowing the use of cryptocurrencies, such as bitcoin, as a form of currency. She urged 20 other states, including Florida, that are about to consider a similar bill to “block this legislation from passing.”
CBDC ❌ Islamic Banking Systems
🚨 International Monetary Fund has published a report that discusses Monetary Policy Implications Central Bank Digital Currencies: Perspectives on Jurisdictions with Conventional and Islamic Banking Systems, report here https://lnkd.in/d7quitV5
🔴 Cointelegraph has a brilliant article that states IMF examines CBDC design in the context of Islamic banking and finds some risks magnified. The article here https://lnkd.in/dnqPXCTY states that
CBDC design is complicated by prohibitions in Islamic law on usury and speculation. This strongly impacts liquidity management:
“Conventional mechanisms of liquidity management interbank market, secondary market financial instruments, central bank discount window and Lender of Last Resort (LOLR) that are based on interest are not permissible for Islamic banks.”
🙊 Euler is a non-custodial protocol on Ethereum that allows users to lend and borrow almost any few days ago the crypto asset was drained of nearly $200 million via six flash loans and a vulnerability. Along with Euler, roughly 10 other DeFi protocols were affected thanks to the various integrations established along the way. Yield Protocol, Swivel Finance, Angle, and several others all announced their level of exposure to their communities.
❗ Update: The flash loan exploiter claims they have “no intention of keeping what is not ours” and wants to “agree” with Euler Finance.
🟠 No LLAMA token DefiLllama drama put to rest: No Token Planned After ‘Poor Communication’ The organization reached an internal resolution after the data platform was abruptly forked a day earlier. Detailed information via Decrypt here https://lnkd.in/dATuTbFB Seires of tweets here https://lnkd.in/dCv547ck
🚨 Two UAE news (See slides)
⚡ DMCC (Dubai Multi Commodities Centre) partners with Enya Labs and Boba Network
⚡ Crypto.com Secures MVP Preparatory License from Dubai’s Virtual Assets Regulatory Authority
For slides click here:https://tinyurl.com/5x5c5f3y
LinkedIn Profile: https://tinyurl.com/569zh78j
To help support his channel:
☕ Buy me Coffee ☕
🚨 Link here https://www.buymeacoffee.com/info36/w/6987
🚨 Link here https://www.buymeacoffee.com/info36
⚡ The Race Space Podcast
🎙️ Instagram: @theracespoacepodcast
Podcast Host: @am_aminoo_
Podcast Host: @george_crewe
Podcast Host: @black_incarnation
🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman
Listen here https://tinyurl.com/y26cu3td
⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d
⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6
⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28
#blockchaindxb #metaverse #btc #dogecointothemoon
37 min

About Blockchain DXB

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Blockchain in Dubai! I plan to release an episode every day at 8 am GST. Episodes called Crypto & Coffee at 8 will cover news about Bitcoin, Blockchain Technology, Beyond Blockchain & Artificial Intelligence in Dubai & around the Middle East

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