Blockchain DXB

14th Dec

😱Binance FUD on crypto Twitter Changpeng Zhao did respond stating “FUD helps us grow, even though they are thoroughly annoying” . BUT Jesse Powell, founder & former CEO of Kraken Digital Asset Exchange see Big Red Flag’, Criticizes the Recent Proof-of-Reserves Report by Binance as he feels it is more of an attempt at proving collateral rather than proving reserves. He tweeted on the 11th https://lnkd.in/d4ms354a

🔻 Amidst the chaos, Binance did see the largest withdrawal in its history. CZ was very positive and took it as a good test for exchanges. Great tweet here https://lnkd.in/d49Ebni7

🗣️CZ was also live for over an hour and must listen to be updated with the information from 1st source. Listen to him live via Twitter space here https://lnkd.in/dxwGVpVk

🔴 Decrypt article states Binance experienced a historically high number of withdrawals this week, processing net outflows of roughly $3.66 billion on December 12, the most since June, according to Nansen data. & that CZ has told employees the next few months will be bumpy. Here https://lnkd.in/dXUBtYfX

🎙️ Listen to Blockchain DXB’s Crypto & Coffee at 8 podcasts where we share our thoughts. Podcast link below

⚡ Anchor: https://bit.ly/3Po8eio

⚡ Spotify: https://spoti.fi/3y3Fapq

⚡ Google: https://bit.ly/3ysvrL0

⚡ Anghami: https://bit.ly/3AiLNp5

⚡ Podbean: https://bit.ly/3TqrsX1

🔵 The White House is silent on whether it will return $5.2M in donations from Sam Bankman-Fried former CEO of FTX The Associated Press reporter Zeke Miller asked the press secretary “Will the president return that donation?” but Jean-Pierre responded, adding she was “limited on what I can say.” Full video via YouTube here https://lnkd.in/d3qu_MNU Cointelegraph has a detailed article on this here https://lnkd.in/dCd8Mk3m

🚨 The U.S. Commodity Futures Trading Commission (CFTC) has again labelled Ether ETH as a commodity, this time in a Dec. 13 court filing. This is in contrast to statements from chief Rostin Behnam who during a crypto event at Princeton University on Nov 30th, suggested that Bitcoin was the sole cryptocurrency that should be viewed as a commodity. Cointelegraph article has more info on this here https://lnkd.in/dZPKqs5w

‼️ PayPal is currently working MetaMask to offer an easy way to buy Crypto. Users will be able to buy and transfer ether from PayPal to MetaMask. The official blog here https://lnkd.in/dmNZfrmP confirms that This new functionality is available to select U.S. users starting today and rolling out to all eligible U.S. customers in the coming weeks ConsenSys

💥 Two UAE News: (See slides)

⚡ Morningstar Ventures invests $5mln to open ‘37xDubai

⚡ Dubai’s DIFC introduces new rules for Digital Economy Court DIFC Courts

For slides click here: https://tinyurl.com/3hbuz96w

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

To help support his channel:

⚡Startup Oi

Link here: https://bit.ly/3f46zC5

⚡ 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

⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6 #blockchain #blockchaindxb #dogecointothemoon #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin

13th Feb

🚔👮🏻 Sam Bankman-Fried former CEO of FTX arrested! What is going on with Stable Coins?? Federal Reserve Board to announce an interest hike

🚨 U.S. U.S. Department of Justice mentioned via Twitter that the Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY. Tweet here https://lnkd.in/d6YAE8yd The New York Times also stated that A statement by the government of the Bahamas said Mr Bankman-Fried was arrested after prosecutors in the United States filed criminal charges. Article here https://lnkd.in/dTyRkrhe The criminal charges against Sam Bankman-Fried included wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy and money laundering, said a person with knowledge of the matter. This move may be a bit strange cause yesterday he was willing to testify in front of the committee.

📊 The U.S. Consumer Price Index (CPI) report is to be released today i.e. the 13th and the interest rate hike announcement on the 14th. The price of Bitcoin has slightly pumped & to one month high. Could we see a dump once the interest rate is announced, or will there be a pump?

How much of a hike will we see?

50 bps 🔺

75 bps 🔺

❗Price predictions are 100% right 50% of the time❗

🟠 CoinDesk article states Bitcoin’s dominance rate rose above 41% alongside the price rally, signalling de-risking in the crypto market. Interesting read here https://lnkd.in/d-p4MSut

🔵 Barron’s article swings either ways the article states The Fed’s Rates decision could drive the price of Bitcoin to $18,000 or unleash more selling pressure. https://lnkd.in/dC_nypFi

🔴 Investing.com states Should the interest rate hike by 50 basis points or lower, then the global financial and crypto markets will experience a small to medium relief rally. This could pump the price of Bitcoin & other cryptocurrencies. Article here https://lnkd.in/dRDBinwg

⚡ Glassnode weekly insights discuss “A Quiet Future” The insight states the Bitcoin market has turned very quiet coming into Dec. The short-term realized volatility for BTC is currently at multi-year lows of 22% (1 week), and 28% (2 weeks), making for the lowest volatility regime since Oct 2020.

⚡ CoinShares weekly blog via Medium states the sentiment is steadily improving for Bitcoin as #BTC saw inflows totalling US$17m Info here https://lnkd.in/dgrJRQ6D It’s going to be interesting to see how the market reacts after the Fed hike news

👀 NFT

Reddit, Inc. users have minted more than 5 Million NFT Avatars on Polygon Decrypt article states the program is onboarding users into Web3, with more than 4.25 million unique wallets holding the Polygon assets. Great user adoption as the market is currently in turmoil https://lnkd.in/dQTYamwE

💥 Two UAE news: (Slides)

⚡DMCC (Dubai Multi Commodities Centre) announces the launch of its gaming centre

⚡ ReelStar partners with GDA International

For slides click here: https://tinyurl.com/524k9bny

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

To help support his channel:

⚡Startup Oi

Link here: https://bit.ly/3f46zC5

⚡ 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

⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6 #blockchain #blockchaindxb #dogecointothemoon #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin

12th Dec

🚨 Legend! Sam Bankman-Fried testifies on the 13th of December 🚨Crypto.com Releases Proof of Reserves! 📛 Stablecoin War 👀 December crypto volumes

🚨Role Model Sam Bankman-Fried former CEO of FTX is willing to testify on the 13th. A must-read Twitter threat with Maxine Waters from U.S. House Committee on Financial Services. The legend will explain the following

-FTX US’s solvency and American customers

-Pathways that could return value to users internationally

-What I think led to the crash

-My own failings ( Sam Bankman — Fried)

❗ Most likely the hearing will be live on YouTube

👀Crypto.com Releases Proof of Reserves: Attested by Mazars, users can verify that their crypto assets are fully Backed (1:1) on the platform. With over 70 million customers worldwide & the industry leader in regulatory compliance, security and privacy certifications released its audited Proof of Reserves. Official information here https://lnkd.in/dfZ9VTBU

👁️ Mazars compared the assets held in on-chain addresses proven to be controlled by Crypto.com with customer balances through an auditor-overseen live query of a production database as of December 7, 2022. The reserve ratio is over 100%

🚨 #donttrustverify

You can also verify your funds here https://lnkd.in/dFQGA3PP But is this enough or should we as an industry needs to adapt to Proof of Keys?

🔥 War on Stablecoins

❗Coinbase publishes a blog on its website urging users to Convert their Tether.to USDT to Circle USDC, now with zero fees. A blog titled “Switch to the trusted and reputable digital dollar: USDC”. The blog states stability and trust are of the utmost importance to customers. Fiat-backed stablecoins (cryptocurrencies pegged to reserve assets like the U.S. dollar) provide customers stability and confidence during times of volatility. Info here https://lnkd.in/dDMUYqxY

❗CoinDesk article states Coinbase highlights questions about Tether reserves in the campaign to get users over to USDC & On-chain data shows that USDT is the third-most widely traded digital asset on Coinbase, representing 5% of the volume on the exchange Article here https://lnkd.in/dbDRYfS3

❓ Who wins the war on Stablecoins

- Tether.to USDT

- Circle USDC

- Binance BUSD

🔴 FOMC Meeting Federal Reserve Board will announce interest rates hike this week. Schedule here https://lnkd.in/d3JdKRGz

How will this impact the price of Bitcoin & Cryptocurrencies?

Crypto 🔺

Crypto 🔻

📊 Global Crypto Market looks horrendous See slides 1 & 2 below & check out Blockchain DXB’s Crypto & Coffee at 8 podcasts where we give our commentary. Podcast links below

⚡ Anchor: https://bit.ly/3Po8eio

⚡ Spotify: https://spoti.fi/3y3Fapq

⚡ Google: https://bit.ly/3ysvrL0

⚡ Anghami: https://bit.ly/3AiLNp5

⚡ Podbean: https://bit.ly/3TqrsX1

💥 Two UAE News (See slides)

⚡ Huobi announces partnership with Tafabot Software LLC (Dubai-based)

⚡ Zogi Labs : Zogi token launches on Cronos, BNB Chain & Ethereum.

For slides click here: https://tinyurl.com/2p89c3nd

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

To help support his channel:

⚡Startup Oi Link here: https://bit.ly/3f46zC5

⚡ 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

⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6 #blockchain #blockchaindxb #dogecointothemoon #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin

Basic level explanation on CBDC, some of the points covered are below

Contact information: [email protected]

Website: www.blockchaindxb.com

To help support his channel:

⚡ Buy me Coffee ☕

Link here https://www.buymeacoffee.com/info36/w/6987

Link here https://www.buymeacoffee.com/info36

⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6 #blockchain #blockchaindxb #dogecointothemoon #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin

🚨 Podcast information below🚨

• What is CBDC, how does it work, and what role do Central Banks play in creating, managing and supply of money? General management of CBDC by Central Banks

• How does CBDC compare with cash

• Comparison between CBDC and Bitcoin

• Supply comparison between CBDC & Bitcoin

• How the issuance of CBDC is done?

• Tracking of your money with CBDC

• Is CBDC going to be stablecoins?

• How loans and interest will work with CBDC

• Central Banks working on privacy for CBDC

• Russia plans to back CBDC with gold

• Can CBDC cleverly manage supply by burning coins and help curb inflation?

• Will CBDC use private key / public key/ Public address

• Timeline of CBDC and how China used private companies to help spread adoption with the Olympics in mind

• Multiple CBDC and Central Bank of UAE part of it

• Will banks manage CBDC?

• Will CBDC have smart contracting functionality?

• Can you use CBDC without the internet by NFC?

• Possibility of Insurance for CBDC

• Importance of customer support

• How customer service and chargebacks can help mainstream adoption

• Ethereum Improvement Proposal EIP 1559 (London hard fork) & can CBDC implement a similar strategy and curb inflation

• Beyond Blockchain tech to be used by Central Banks?

• Bitcoin VS Central Bank Digital Currencies

o Opensource

o Permissionless

o Censorship resistant

o Borderless

o Neutral

o Publicly verifiable

• Game Changer: Central Bank Digital Currency if they make the source code open, build it on Open Blockchain and implement Zero Knowledge proof could pose a serious threat to existence to Bitcoin and cryptocurrencies

• Benefits of CBDC

o Bank the unbanked

o User experience

 Email/password

 Merge with private key but less strong cryptography

 Ability to purchase without internet

 Subscription services

o Negatives of CBDC

 State control

 Easy to stop/censor transactions

• David Chaum's project Tourbillion focuses on privacy for CBDC

• Banks to update the ledger so that way Central Banks cannot have access to control transactions

• Threat to stablecoins

• Basic level explanation on

o Retail CBDC

o Wholesale CBDC

o Multiple CBDC

• Politics and politicians' Views on CBDC

o Right Wing vs Left Wing View (USA)

o Conservatives’ vs Labor Party (UK)

o BJP vs Congress (India)

o India, Pakistan's view on CBDC (Very Pro CBDC)

o China’s role in CBDC

 Launch

 Peoples bank of China

o Russia’s stance on CBDC

• CBDC's role in Metaverse

o Ideal use case

o Better than cryptocurrency in the Metaverse?

o Solves Scalability and offers a better user experience

• Is CBDC Web 3.0?

o Explanation of Web3.0

o CBDC not Web3.0

For feedback or suggestions please email [email protected] or [email protected]

08th Dec

📛 Grayscale Investments the next Black Swan event for Crypto?

❌🔻Things are getting worse for Grayscale Investments as data from on-chain analytics platform Coinglass show that on Dec. 8, GBTC shares hit a new record low of -47.2% against BTC/USD. Data here https://lnkd.in/d3GZgfy8 Cointelegraph article gives detailed explanation as Bad times for the Grayscale Bitcoin Trust (GBTC) get even worse this week as its discount to BTC/USD approaches 50% for the first time https://lnkd.in/dYTQHchP

🚨 Decrypt posted yesterday that Hedge fund Fir Tree Capital is suing Grayscale over the latter’s BTC Trust product, which is trading at a 43% discount as of Tues. This is due to “potential mismanagement conflicts of interest” Fir Tree alleges that this is partly the result of Grayscale issuing “an immense number” between 2018 and 2021 without providing investors means of exiting their positions aside from selling shares to other investors the Main source via Bloomberg https://lnkd.in/dhSqxV23

👀 Spain’s Central Bank: Wholesale CBDC

Banco de España said it intends to launch an experimental program to begin testing wholesale central bank digital currencies (CDBCs) & is seeking collaboration proposals from local finance and technology institutions. Info here https://lnkd.in/dXj8eRW6 Based on the article The bank will focus on three main areas

- Program that seeks to simulate the movement of funds

- Experiment with the liquidation of financial assets,

- Analyze the benefits and drawbacks of introducing a wholesale CBDC to its current processes and infrastructure

❗ The application process closes on Jan. 31, 2023❗

🎙️ Check out Blockchain DXB’s Crypto & Coffee at 8 podcasts where we explain the Basics of Central Bank Digitial Currencies

👕 Decentraland: Ugly Sweater

As the holiday spirit starts Decentraland is hosting an Ugly Sweater Competition & the Contest will run until December 19, when the top 10 winners will get announced. The place to submit ugly wearables is via Google form here https://lnkd.in/dmTX5ryu Contestants can contestant can create an ugly holiday sweater and publish it on the official Decentraland Marketplace. DailyCoin article here has detailed information & criteria https://lnkd.in/djVySjfU

🏌🏻⛳ The Sandbox: Golf

The Sandbox has announced a collaboration with ALTAVA GROUP to feature a series of golf-themed experiences in ALTAVA Club House, the Korean Web3 luxury fashion brand’s 3×3 LAND in the Sandbox. More info via Twitter here https://lnkd.in/dRShmEwg

💥 Two UAE news( See slides for more info)

⚡ Xypher announces the launch of Blockchain research & consulting

⚡ Blockchain vs Current existing systems — Pros / Con’s explained by Blockchain DXB

For slides click here: https://tinyurl.com/mvekvec9

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

To help support his channel:

⚡Startup Oi

Link here: https://bit.ly/3f46zC5

⚡ 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

⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6 #blockchain #blockchaindxb #dogecointothemoon #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin

#blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin

07th Dec

🚨 Bitcoin holders realized 14x more losses than profits recently

👀 20th Oct 2021 Glassnode mentioned via Twitter 99.705% of the #Bitcoin supply is currently in profit. Fast forward to 6th Dec 2022 they mentioned via weekly insights “A Capital Reset” that Bitcoin holders realized 14x more losses than profits recently. Technical analysis can be found here https://lnkd.in/e3s3cfXn

💥 CoinShares weekly blog via Medium states that assets under management in short-bitcoin products fell by US$27m last week. A minor sign of hope is that sentiment towards Bitcoin improved last week with inflows totalling US$11m. Article here that discusses the digital asset fund flows https://lnkd.in/eAcqYw3W

⚡ Seeking Alpha also states Bitcoin remains below the 200-day moving average in disconnect from US stocks. Currently lagging behind U.S. stocks, which are slowly starting to show signs of recovery following a protracted period of risk-off sentiment. Article here https://lnkd.in/eAcqYw3W

👨🏼 Peter Schiff a detractor of Bitcoin also chimed in and mentioned via Twitter #Bitcoin is not a threat to the dollar. It’s only a threat to the net worth of those who buy it. He does make a valid point tbh

🧐 CBDC update in Nigeria

❗A year ago Nigeria launched its Central Bank Digital Currency (CBDC) it has now capped cash withdrawals to get more people to go cashless. Nigeria has imposed limits on cash withdrawals in a move to push consumers towards alternatives, including its own Central Bank Digital Currency (CBDC), the eNaira. Official information here https://lnkd.in/eyk9eZn8 The Central Bank of Nigeria (CBN) applied new limits on over-the-counter withdrawals at just ₦100,000 ($225) per week for individuals and ₦500,000 ($1,123) for businesses.

🟠 These are some of the many drawbacks of CBDC & BLOCKDATA have released a report The State of CBDCs in 2022 It gives critical information on How central banks around the world are dealing with the knotty issue of CBDCs such as the United States, Russia, EU, Japan, Canada, India & more. It discusses companies partnering with central banks to issue CBDCs. https://lnkd.in/eYAVZAFm

💥 On Tuesday Chainlink (Chainlink Labs) started staking and 7 million LINK tokens were locked in the first 30 minutes. A total of $51 Million Inflow The program, which opens for general access on Dec. 8, lets people earn rewards in order to maintain the protocol’s performance and keep it more secure. Stakers will be unable to unlock or move their LINK rewards until the next version of the protocol is released. That is expected in 9–12 months More info via the blog here https://lnkd.in/e2hC6Drt As per the article via CoinDesk states Chainlink plans to scale up to 75 million LINK over time. Some 500 million tokens are currently in circulation. https://lnkd.in/eA-iTufE

Two UAE News: (See slides)

Who could be Satoshi Nakamoto? Why he matters & why he doesn’t? explained by Blockchain DXB

Bitcoin Price Volatility ( Demand vs Supply ) explained by Blockchain DXB #backtobasic

For slides click here https://tinyurl.com/43z5s3av

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

To help support his channel:

⚡Startup Oi

Link here: https://bit.ly/3f46zC5

⚡ 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

⚡Leder Wallet!

Link https://shop.ledger.com?r=ae54df359c4d

⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #dogecointothemoon #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin

06th December

🤣💯 Crypto Price predictions are 100% right 50% of the time!

🏦 Multinational giant Standard Chartered Bank considers potential downside for Bitcoin in 2023 as the cryptocurrency ecosystem weathers the collapse of FTX. Eric Robertsen weighed up a potential drop in Bitcoin’s value correlated with a surge in physical gold. Article by Bloomberg https://tinyurl.com/yckk6btz . It also states Nicholas Frappell, global head of institutional markets at ABC Refinery in Sydney that “Gold will benefit going forward from the problems in crypto, with the sudden decline in confidence in the crypto ecosystem,”

👀 Peter Schiff in response to the article yesterday mentioned via Twitter #Bitcoin has far more downside risk than 70%. After such a decline Bitcoin will still be way over-priced, so $5,000 will not even be close to the bottom. Tweet here https://tinyurl.com/57cdeduf

👀 Last week Mark Mobius told CNBC last week that he sees bitcoin falling to $10,000 in 2023 due to rising interest rates and tighter monetary policy from the U.S. Federal Reserve. Article here https://tinyurl.com/y5czxxru

🟠 Meanwhile, an article by Cointelegraph states that renowned Venture capitalist and blockchain investor Tim Draper touted Bitcoin hitting $250,000 next year, According to him the FTX fiasco would lead to greater decentralization, adoption of BTC and increased self-custody by users.

If you had $10,000 what would you invest in?

- Gold

- Bitcoin

- Shitcoins

🚨 Asian countries hate Bitcoin, Love for Central Bank Digital Currencies (CBDC)

The State Bank of Pakistan (SBP) signed in new laws for Electronic Money Institutions (EMI), EMIs are non-bank entities that will be licensed by the State Bank of Pakistan (SBP) to issue e-Money for the purpose of digital payments. News via arabnews today here https://tinyurl.com/5n7jpfbv

Cointelegraph article states this is done to ensure the timely issuance of a CBDC in the next three years. In addition to timeline adherence for the CBDC launch, the regulations warrant preventive measures against money laundering and terror financing while considering consumer protection and reporting requirements. https://tinyurl.com/2p8memfx

🧐 The regulations have been designed with the help of The World Bank

❌ Crypto Winter: You’re Fired

🚨 Bybit & Swyftx have announced headcount reductions as crypto winter continues

- Bybit: Official news via Twitter by CEO here Ben Zhou https://tinyurl.com/2k7t33ba The downsizing will be across the board.

- Earlier today, Swyftx co-Founder and CEO Alex Harper sent the following note to all our team members after addressing colleagues at a town hall. Unfortunately, they are saying goodbye to 90 talented friends and colleagues. https://tinyurl.com/362nctac

💥 2 UAE news (Slides)

⚡Dubai Future Labs signs agreements to drive innovation in aviation and logistics (Blockchain) DUBAI FUTURE FOUNDATION

⚡ UAE launches initiative to support top 100 start-ups

For slides: https://tinyurl.com/2p9cz7dk

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

To help support the channel click the links below

⚡Startup Oi

Link here: https://bit.ly/3f46zC5

⚡ 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 Hote: @george_crewe

Podcast Host: @black_incarnation

⚡Leder Wallet!

Link https://shop.ledger.com?r=ae54df359c4d

⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6 #blockchain #blockchaindxb #dogecointothemoon #blockchain #blockchaindxb #dogecoin

Blockchain DXB & Garfield Griffiths, Spartan Race

Host: RA George Blockchain DXB

Guest: Garfield Griffiths, Spartan Race

Date 26th October

Time: 17:00 GST

Google Meet: Audio version

Instagram: Garfield_griffiths_stuff https://tinyurl.com/4k9j9dzu

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/garfield-griffiths-73475a6/

Spartan Website: https://www.spartan.com/

Spartan World Championship Link: https://tinyurl.com/vs3due9z OR https://tinyurl.com/mry8tx6d

Discount Code: WCAMB-6191A

Summary of the conversation

• Garfield Griffiths shared his experience of getting into the Obstacle Course Race over a decade ago since 2011

• Experience in events before getting into Obstacle Course Race

• He shared his initial response and experience when he found out the World championship is taking place in Abu Dhabi in 2019

• Travel experience before preparing for the event before the Covid 19 era & after the Covid19 era

• His family experience doing Obstacle Course Race & the next generation of athletes getting into OCR

• Garfield shared his point of view, planning and approach to managing World Championship events all over the world.

• Shared challenges in doing OCR events outside of the USA

• Time difference with USA and how it impacts planning & getting things done.

• Cultural similarities and differences when arranging OCR events all around the world

• Cultural similarities, differences & challenges when communicating with people & getting things done.

• Garfield shared some of the challenges when doing the event in Liwa, Abu Dhabi last year in 2021

• Travelling distance from the hotel to onsite in Liwa

• Shared an interesting experience while camping in Liwa during the race days

• Feedback from international athletes about the event

• Garfield shared some wise advice for athletes visiting Abu Dhabi from the first time for the world championship

• Importance of Gaiters while running in the Sand.

• Sand Dunes and Hardpack for Running.

• Shared some inside scoop on unique Obstacles at the event

• He shared some interesting tips on how to prepare for the course.

• Garfield also shared an idealistic timeframe for Pro athletes’ completion time

• He shared information on Media and the possibility of live footage at the event.

• Garfield shared information & experience of some other brutal racecourse events such as Utah, Romania & other places.

• Garfield shared challenges from Supply chain management & how they impacted Liwa in 2021 & having backup plans is critical for such massive events

• Some heavy obstacles in the sand especially for Trifecta weekend.

• Discussion on No Burpees – A massive change in Spartan Race

• Garfield shared his dream location to have Spartan Race. Most likely Jamaica could be in the works for Spartan Race. Cuba is also another location where Spartan Race may be having an event

• Next event with family in the Bahamas

• Garfield shared his experience of doing OCR in Abu Dhabi and working in the sand is something unique

• He discussed the 3km distance at the World Championship & will give direction for future ambitions about Olympics

• Garfield shares his choice in music, his passion as DJ, Old-school music, Frank Sinatra, EDM & Rave music

• Garfield shared his passion for Cigars, how he got into cigars, his interesting understanding of the intricate details of cigars, & his hobby for cigars.

For feedback or suggestion email: [email protected] or [email protected]

25th Nov

🎙️ Metaverse Everything🎙️ “ Metaverse “ word of the year in 2022?

⚡ Oxford University Press mentioned via Twitter three

options for word of the year in 2022

- Metaverse ( 36.9% vote)

- #istandwith (14.2% vote)

- Goblin Mode (49.% vote)

With 3 days left to vote it would be interesting to see if Metaverse is the word of the year in 2022

💡 Will the USA dominate the Metaverse industry?

🛑 Semiconductors & Nano chips will play a crucial role in the Metaverse The White House Fact sheet: Chips & Science Act has some really useful information here https://lnkd.in/d5vDUGRD that may give the USA a competitive advantage in the Metaverse. U.S. Senator Maria Cantwell wrote some great things worth reading here https://lnkd.in/dfUJHXav. See slide & 4 & check out Blockchain DXB “ Metaverse Everything Podcast here & listen to our commentary.

⚡ Anchor: https://bit.ly/3Po8eio

⚡ Spotify: https://spoti.fi/3y3Fapq

⚡ Google: https://bit.ly/3ysvrL0

⚡ Podbean: https://bit.ly/3TqrsX1

👀 Macro Level factors such as Geopolitical tension, Internal political conflict, Inflation/ Stagflation/Recession & Crypto downfall will impact the mainstream adoption of the Metaverse.

🔺 Increase Adoption

🔻 Delay pace of Adoption

5️⃣ Metaverse news from Dubai

💯 Dubai Metaverse Strategy: The Next Phase! HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum mentioned via Twitter that he chaired the first meeting of the Higher Committee of Future Technology Development and Digital Economy tweet here https://lnkd.in/dJ3Q5JDJ More info via Government of Dubai Media Office https://lnkd.in/dpy2Tbpd

📚📖 Mohammed bin Rashid Al Maktoum Knowledge Foundation

(MBRF) to organise the Youth Knowledge Forum in December. Under the patronage of HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum Via Zawya https://lnkd.in/dw5ky8vQ

✈️ SITTF 2022 : Sharjah Tourism

Metaverse to complement tourism & hospitality industries, say panellists at SITTF 2022 via Zawya https://lnkd.in/dbRHv_sT

🏦 Sygnum Bank, the world’s first digital asset bank and first Swiss bank to open a hub in the metaverse Source: Unlock Blockchain https://lnkd.in/dn3bB48J

📜✍🏻 The PR Academy MENA held the region’s first ‘Communication in the Metaverse master class. More info here www.tpra.me & Module here https://lnkd.in/dE7kszAr

📊 Deloitte Metaverse study estimates the metaverse could add $1.4 trillion Report here: https://lnkd.in/dJFU7usC

🎯 South African retailer GAME has announced its metaverse debuts through a Game-branded Roblox game

🔴 Hegra’s Tomb of Lihyan in AlUla is recreated in the metaverse Source The National News https://lnkd.in/dk_KESTZ

✈️ AIR MILES Partners with Tokens.com and Metaverse Group to Become First Brand-agnostic Loyalty Program of the Metaverse

Business Wire https://lnkd.in/dUAeiWqA

🤝🏻 The Sandbox has announced the launch of new Land sales in the metaverse Source: TradingView https://lnkd.in/djQzwkCN

For slides click here:https://tinyurl.com/bddnx4nf

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

The Podcast links with our commentary here

⚡ Anchor: https://bit.ly/3Po8eio

⚡ Spotify: https://spoti.fi/3y3Fapq

⚡ Google: https://bit.ly/3ysvrL0

⚡ Anghami: https://bit.ly/3AiLNp5

⚡ Podbean: https://bit.ly/3TqrsX1

To help support the channel click the links below

⚡Startup Oi

Link here: https://bit.ly/3f46zC5

⚡Global Blockchain Congress

Link: https://platform.agoragroup.ae/apply/43

⚡Leder Wallet! Link

https://shop.ledger.com?r=ae54df359c4d

⚡Spartan World Championship

https://sprtn.im/3EutG37

For 15% Discount Use Promo Code: WCAMB-6191A

⚡Tough Mudder Arabia

https://bit.ly/3rKGoDe

Use Promo Code: George25 for a 25% discount

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #dogecointothemoon #blockchain #blockchaindxb #dogecoin #blockchain #blockchaindxb #dogecoin

24th Nov

🏆Role model Sam Bankman-Fried is speaking a The New York Times with the journalist Andrew Ross Sorkin at the DealBook Summit “next Wednesday.” We wish him all the best for the next The Nobel Prize award & Academy of Motion Picture Arts and Sciences soon 💯 Political affiliations are protective + rewarding Tweet here https://lnkd.in/dNUyMXPv

🗨️ Left-leaning state of New York becomes the first US State to restrict Bitcoin mining. New York state governor Kathy Hochul for Congress has signed a moratorium on using fossil fuels to power Bitcoin mining operations in the region. Official info https://lnkd.in/dPZCU4Xp The new legislation aims to address environmental concerns in the state to balance its economic development and climate goals. Bloomberg article states a two-year ban targets fossil fuel-powered Bitcoin miners More info here https://lnkd.in/dfFcHEPE

📊 Chainalysis Inc. has posted a series of Twitter threads that explains the downfall of FTX is likely to have a relatively smaller effect on the crypto ecosystem than the demise of Mt. Gox. Mt. Gox accounted for 10.9% of total service inflows in the 12 months before its collapse, vs 4.7% for FTX. https://lnkd.in/d9Zfdvrm BUT Mark Karpelès was subpoenaed by the U.S. Department of the Treasury Financial Crimes Enforcement Network to appear in Washington, D.C. to provide testimony on April 18, 2014

👹 Aave’s threat of new attack led by Avraham Eisenberg. Please check our podcast yesterday where we covered this in detail. Curve Finance’s native token CRV was also part of the attack NEWSBTC posted an article that states The Future Of Aave In Jeopardy? The “Bad Debt” attack on Aave was like the situation that led to the FTX’s collapse but Unlike FTX, as many users pointed out, everyone can access on-chain information about Eisenberg’s transactions, the state of the protocol’s finance, and the amount of bad debt it held on its balance sheet. https://lnkd.in/dzMy4Fq9

❌ Web3.0 + Self Sovereign indentity by ConsenSys , Infura & Uniswap Labs

As per ConsenSys blog when you use Infura as your default remote procedure call (RPC) provider in MetaMask, it will collect your IP address and your Ethereum wallet address whenever you make a transaction. They have also given ways they will use your personal information here https://lnkd.in/dw-fB-Ri But if you’re using your own Ethereum node or a third-party RPC provider with MetaMask, ConsenSys says that “neither Infura nor MetaMask will collect your IP address or Ethereum wallet address.”

✖️ Uniswap mentioned via its blog that it collected certain off-chain and on-chain data to improve user experience. “That includes public on-chain data and limited off-chain data like device type, browser version, etc. Blog here https://lnkd.in/dhTv76Vx

💥 2 UAE news: (Slides)

⚡ Dubai law firm Al Tamimi & Company launches first-of-its-kind NFT collection in MENA

⚡ Central Bank Digital Currency episode by Blockchain DXB

For slides click here https://tinyurl.com/3wpepdpr

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

The Podcast links with our commentary here

⚡ Anchor: https://bit.ly/3Po8eio

⚡ Spotify: https://spoti.fi/3y3Fapq

⚡ Google: https://bit.ly/3ysvrL0

⚡ Anghami: https://bit.ly/3AiLNp5

⚡ Podbean: https://bit.ly/3TqrsX1

To help support the channel click the links below

⚡Startup Oi

Link here: https://bit.ly/3f46zC5

⚡Global Blockchain Congress

Link: https://platform.agoragroup.ae/apply/43

⚡Leder Wallet! Link

https://shop.ledger.com?r=ae54df359c4d

⚡Spartan World Championship

https://sprtn.im/3EutG37

For 15% Discount Use Promo Code: WCAMB-6191A

⚡Tough Mudder Arabia

https://bit.ly/3rKGoDe Use Promo Code: George25 for a 25% discount

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #dogecointothemoon #blockchain #blockchaindxb #dogecoin