Blockchain DXB

03rd Aug

❗ Free-for-all ❗” Your Keys, Not Your Crypto” Nomad token bridge (Hack or Exploit)

👀 CNBC reported that Hackers drained almost $200 million in cryptocurrency from Nomad, a tool that lets users swap tokens from one blockchain to another, in yet another attack highlighting weaknesses in the decentralized finance space. While it is unclear how the hack has taken place at this point in time, the article has a good explanation here https://cnb.cx/3vuqbV6. Official tweet here by the team https://bit.ly/3BEy9yO

SEC ➕ Vitalik Buterin 🆚 Ponzi schemes ➕ Michael Saylor

Security Exchange Commission has charged 11 People in $300 million in a forage crypto pyramid and Ponzi Scheme. Official info here https://bit.ly/3oKjWJ8 11 individuals raised over $300 million from retail investors from around the world through the scheme. These schemes were purely carried out on Ethereum, Tron, and Binance blockchains. List of names in the article.

😯 In a Ponzi scheme, it’s usually the founders, early adopters are the ones who are benefitted the most. Does this resemble Bitcoin & some crypto projects too?

🙊 Michael Saylor, CEO of MicroStrategy the next Satish Kumbhani of Bitconnect Group? He has been posting a lot of incorrect & false statements via Twitter about Bitcoin & its use cases. While Bitcoin is No Ponzi but by tweeting incorrect & false information he is getting followers to buy Bitcoin & in doing so his own net value in Bitcoin increases.

💯 Game theory + Human Greed + Nature of Demand vs Supply (Fixed) is a tough problem to solve!

🤣 Vitalik Buterin has just mentioned via Twitter calling out scammers info here https://bit.ly/3zqWTYP & a few days ago another tweet addressing heroes that turn out to be total clowns? Clearly talking about Michael Saylor https://bit.ly/3SdlgSa

🚨 CBDC vs Bitcoin

The European Central Bank has released a working paper series discussing the holy grail of cross-border payments. Focuses on 4 core areas ie

1) Immediate

2) Cheap

3) Universal reach

4) Settled in a secure settlement medium, such as central bank money

As per the article, the solution may be in the next decade BUT we already have Bitcoin ie A Peer to Peer electronic cash system that is 1) Immediate, 2) Cheap, 3) Universal reach, & 4) Real-time settlement. It also eliminates the need for Central Bank Money. Interesting article here https://bit.ly/3bkyXOQ

🎙️ Blockchain DXB also has an event on the 26th of August called Central Bank Digital Currencies , The Basic, Threats to Freedom & Its role in the Metaverse While CBDC may not be ideal & no comparison to Bitcoin. It does make a perfect use case in the Metaverse. Check our website to find out CBDC vs Bitcoin info here https://bit.ly/3NR6ugQ

💥 Two UAE news: (Check slides)

- Bitcoin Beginners Guide Session by Blockchain DXB 3-part series 26th Aug — 09th Sep

- Ethereum Beginners Guide Blockchain DXB 26th Aug

❓How does Nancy Pelosi’s visit (China vs Taiwan) impact price?🧟‍♂️

For slides click here: https://bit.ly/3boyESW

LinkedIn Profile: https://bit.ly/3BziTDl

Podcast

Anchor: https://bit.ly/3Po8eio

Spotify: https://spoti.fi/3y3Fapq

iTunes: https://apple.co/3u4Iak7

Google: https://bit.ly/3ysvrL0

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #cryptocurrency #fintech #blockchain #people #blockchaindxb nft #doge #blockchain #cryptocurrency #news #blockchaindxb #podcast #btc #nft #doge #blockchain #cryptocurrency #crypto #blockchaindxb #blockch

02nd Aug

⚡Lightning Network NOT Blockchain⚡ & An NFT for NFT, for $51,000 by Tiffany & Co.

⚡Lightning Network NOT Blockchain is a narrative slowly gaining momentum not just among Bitcoin Maximalists but also in the crypto community Glassnode’ss weekly insights highlight that total LN public capacity has now reached 4,405 #btc, which is an increase of 19% over the last two months, despite the prevailing bear market. Article here https://bit.ly/3bkZoDZ

📊Some technical + crypto market news

- Glassnode + CoinMarketCap have released a new report on how just how challenging the 2022 bear market has been for Bitcoin, and Ethereum investors report here https://bit.ly/3vwFCMJ Some interesting information in the report such as June being the worst month for #Bitcoin since 2011 & 2nd worst month for #ETH since 2018. Loads of useful information in the 23page document. PDF version here https://bit.ly/3OPkKqO

- Finance Magnates article confirms three things

- Non-Zero Bitcoin Addresses Hit All-Time High

- Profitable BTC addresses touched 25.6 million on Sunday.

- Bitcoin network activity has increased in the past few days.

Does this mean bullish times ahead? Our price predictions are 100% right 50% of the time. Article here https://bit.ly/3Jq0qLA

- CoinShares weekly blog via Medium also confirms that last week in July saw inflows the strongest this year.& July represents the strongest set of monthly inflows so far this year totalling US$474m, almost correcting all of the June outflows which totalled US$481m. This is very good news & with the Ethereum Merge date coming up on the 19th of September it could well mean the prices are on an uptrend till that date. Blog here https://bit.ly/3Bu1KLn

👀 That being said the trading volume is low. Even the 24-hour trading volume since the last 24 is low & Cointelegraph also states that Polygon gains 83% in a month, but data show the project has been losing traction. According to the article, Polygon pumped after being selected for The Walt Disney Company’s accelerator program to build AR, NFT and AI solutions. Article here https://bit.ly/3zPVnR6

💥 Bling for NFT — $51,000 (30 ETH)

Tiffany & Co. is launching a series of NFTs. The sale is set to begin on August 5 but these are exclusive to CryptoPunks holders, They posted a video via Twitter here https://bit.ly/3BvTxq3 “NFTiff” transforms your NFT into a bespoke pendant. Apart from the physical pendant, CryptoPunks holders will also receive an NFT version of the pendant. The price was set at 30ETH at the timing of writing approx. ($51,000)

🚨 Two UAE news: (Check slides for more info)

- DecentWorld launches the first 3D city environment of Downtown Dubai

- Restructuring of Dubai Municipality by Sheikh Hamdan & its impact on Blockchain & Metaverse

For slides click here: https://bit.ly/3oLv88b

LinkedIn Profile:https://bit.ly/3BziTDl

☕Crypto & Coffee at 8☕ Check out our podcast to get a detailed analysis. Podcast available here

Anchor: https://bit.ly/3Po8eio

Spotify: https://spoti.fi/3y3Fapq

iTunes/Apple: https://apple.co/3u4Iak7

Google: https://bit.ly/3ysvrL0

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #cryptocurrency #fintech #blockchain #people #blockchaindxb nft #doge #blockchain #cryptocurrency #news #blockchaindxb #podcast #btc #nft #doge #blockchain #cryptocurrency #crypto #blockchaindxb #blockchain #cryptocurrency #blockchaindxb #blockchaindxb #btc #blockchaindxb #realestate #technology #

01st August

🚨 Are Stablecoins a safe haven during Inflation? ➕ Few questions regarding Stable coin!

📊 The 24 hr volume accounts for over 94.% of the total crypto market’s 24-hour volume & the amount in terms of $$$ since the last 3 months is ridiculously low Check out slide no 2 to get a detailed breakdown & our podcast to get more analysis & commentary on it.

⬆️ The volume of Defi has gone up for the last 24 hours. Total Value locked in Defi at $90.18B source https://defillama.com/

USDC 🆚 USDT

The 24hr volume of Tether.to USDT has been on a decline

The 24hr volume of Circle USDC has been on an incline

💡 Bank for International Settlements — BIS report states that Banks’ cross-border claims rose by $1.4 trillion over the first quarter of 2022, Report here https://bit.ly/3Jkwtwj & detailed information can be found here https://bit.ly/3vsUT0M Can these claims be reduced to 0 if the transfers were done by #Bitcoin? Can it be reduced by over 80% if done by stablecoins?

❗Few questions regarding stablecoins❗

- Are stablecoins Censorable?

- What is the main purpose of using stablecoins? Safe Haven or Transfer

- Can CBDC pose a threat to stablecoins?

👀 Not your Keys Not your Crypto 👀

🔻Babel Finance has lost over $280 million in proprietary trading with customer funds. The Block has reported that Babel Finance lost 8,000 BTC and 56,000 ETH in proprietary trading with customer funds, according to a restructuring proposal deck obtained by The Block. The firm is now seeking to convert hundreds of millions of dollars of debt into equity and raise more funds in a revolving credit facility, per the deck. Article here https://bit.ly/3BvaTDx

🔻 Zipmex filed for bankruptcy! Finance Magnates reported that Zipmex a Singapore-based cryptocurrency exchange filed for bankruptcy protection in Singapore & earlier in the month & suspended all withdrawals citing market volatility and other uncertain conditions behind the move. Article https://bit.ly/3SbeCMi

💯 “Democratizing Open Knowledge”

Harvard University and Filecoin Foundation are working on a Decentralized web plan to preserve digital information Official info here https://bit.ly/3vsh6fF Great move for sure but the image on the website is wrong. Intentions are right but the image uploaded is wrong, interchange of words & image. Ideally should be Distributed web plan. They are doing this in a partnership with Library Innovation Lab a forward-looking group of thinkers and doers working at the intersection of libraries, technology, and law.

💥Two UAE news:

- FTX wins full approval to operate a crypto exchange in Dubai

- Dubai Blockchain Center and Chaintech to foster blockchain tech in GCC Marwan Alzarouni

☕Crypto & Coffee at 8☕ Check out our podcast to get a detailed analysis. Podcast available here

Anchor: https://bit.ly/3Po8eio

Spotify: https://spoti.fi/3y3Fapq

iTunes/Apple: https://apple.co/3u4Iak7

Google: https://bit.ly/3ysvrL0

For slides click here https://bit.ly/3OH520M

LinkedIn Profile: https://bit.ly/3BziTDl

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #cryptocurrency #fintech #blockchain #people #blockchaindxb nft #doge #blockchain #cryptocurrency #news #blockchaindxb #podcast #btc #nft #doge #blockchain #cryptocurrency #crypto #blockchaindxb #blockchain #cryptocurrency #blockchaindxb #blockchaindxb #btc #blockchaindxb #realestate #technology #blockchaindxb #metaverse #news

 Blockchain DXB’s Metaverse everything podcast host RA Georges sits with Sam Lai to discuss Metaverse & Dubai Metaverse Strategy.

 MetaIncubator is First Metaverse Incubator in the Middle East Help You Launch and Grow Metaverse Projects that will Exceed Your Vision

• An informational & interesting conversation where Sam Lai, shares his experience. A few pointers from the podcast are below

o The art & the importance of Storytelling

o A feeling of social inclusiveness

o Dubai Metaverse strategy will attract a lot of international businesses

 Clear Regulations & supportive government

 Ease of business in Dubai & Tax-free benefits

 Discussion of Museum of the Future, VARA, & World Trade Center

 UAE is a central location for Arica, Asia & one of the coolest places in this area

 75% of the population of younger age in GCC & how it could drive adoption

 Cultural mix in Dubai & sometimes it takes to adjust to a different culture

 A realistic time of adoption of Metaverse in Dubai

 How Meta Incubator can be of assistance for firms in UAE

o The importance of Experience in the Metaverse

 Star Wars is an excellent example of a Metaverse

 The experience of being connected

o General chat about Stepn App & its success

 Information on Tokenomics and market condition

 How Physical world will merge with the Virtual World

o How metaverse provides an opportunity & brings people who were excluded from the physical world & allows them to shine

o Gaming in the Metaverse & how Web3 can derive value for users

o Chat about Saudi NFT

 Storytelling & getting connected

 Dubai Police NFT what can be learnt

o Challenges of fitting web3 in a business model which may change over time

o Understand the value chain

o Different layers of Metaverse

 Infrastructure

 Human Interface

 AR/VR/ MR

 3d, Googles, motion control, voice control

 Experience of Decentraland & its comparison to early stages of internet

 What could be the google of Metaverse

 The importance of the human connection

o Metaverse is the next generation of social networking & so critical to have a human element

For any feedback, inquiries or suggestions please contact Blockchain DXB at [email protected] or [email protected]

For any inquiries or to get connected to Meta Incubator please contact Sam Lai at [email protected] or [email protected]

29th July

💥 The OG of Metaverse & visionary Neal Stephenson is building a blockchain to uplift creators. He has teamed up with venture capitalist & Bitcoin Foundation’s co-founder Peter Vessenes. The project is named Lamina1. Info here Cointelegraph https://bit.ly/3oCQ1T3

👀 Meta has increased the price of Meta Quest 2 headsets by $100. Official info via Twitter here https://bit.ly/3OEaoty The earnings report shows that Meta reported a Q2 operating loss of $2.8B for its metaverse division.

❓ Questions regarding the Metaverse

- Will the Metaverse economy be bigger than the real economy?

- How much will you be willing to spend on hardware devices?

- Will Centralized Metaverse offer a better experience & customer service?

- How will politics or lack thereof impact Metaverse?

💯Blockchain DXB will release a stand-alone episode on PESTLER analysis on Metaverse. The episode will focus on the following areas

P- Political — Should metaverse be Apolitical?

E- Economical — Metaverse economy bigger than the real world?

S- Social — User-Owned Content

T- Technological — AR/VR/ MR/ 3D + Hologram

L- Legal — Legal Rights in the Metaverse

E- Environmental — ESG in the Metaverse

R- Religious — Will the Metaverse be Sharia Compliant

❗ A higher committee has been announced for Future Technology and Digital Economy formed & will be chaired by HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum Official news via Government of Dubai Media Office here https://bit.ly/3bhDxNF

You can also check out our Podcast on Dubai Metaverse Strategy here

iTunes/Apple https://apple.co/3cQW7wv

Spotify https://spoti.fi/3JbYciI

Anchor https://bit.ly/3Jbz4bX

Google https://bit.ly/3Jtf70t

5️⃣ Metaverse news from Dubai

⚡ Dubai Racing Club (DRC) has announced that it will launch a one-of-a-kind NFT artwork collection Official here https://bit.ly/3BpMVcA

⚡ Dubai Police HQ will be releasing the second NFT collection during GITEX GLOBAL 2022 #YourSecurityOurHappiness is the theme. Info via Twitter here https://bit.ly/3zFf4Ln

⚡ Blockchain DXB Metaverse Event: The Hype, Reality & New World Order on the 19th of August 2022. Register via Eventbrite here https://bit.ly/3bc8QcC

⚡ Metaverse everything podcast with Sam Lai Chief Executive officer of Meta Incubator an important conversation on Dubai Metaverse strategy and sharing the importance of Storytelling, Inclusiveness & the impact Metaverse will have on the future economy. The episode will be released on the 30th

⚡ Commercial Bank International has launched a virtual location in Decentraland Official news via ITP Media Group here https://bit.ly/3PCiVi1

5️⃣ Metaverse news can be seen in slide no 8

⛔ Since the Federal Reserve Board’s announcement of the hike in interest rate by 75 basis points. The crypto market has crossed $1T. Cryptocurrency platforms linked to Metaverse have seen significant growth in the last 24 hours. The market cap has increased by $1 billion ( price via CoinMarketCap)

For slides click here: https://bit.ly/3z8AGys

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #cryptocurrency #fintech #blockchain #people #blockchaindxb nft #doge #blockchain #cryptocurrency #news #blockchaindxb #podcast #btc #nft #doge #blockchain #cryptocurrency #crypto #blockchaindxb #blockchain #cryptocurrency #blockchaindxb #blockchaindxb #btc #blockchaindxb #realestate #technology #blockchaindxb #metaverse #news #podcast #experience #hiring #blockchaindxb #blockchaindxb #cr

29th July

💥 The OG of Metaverse & visionary Neal Stephenson is building a blockchain to uplift creators. He has teamed up with venture capitalist & Bitcoin Foundation’s co-founder Peter Vessenes. The project is named Lamina1. Info here Cointelegraph https://bit.ly/3oCQ1T3

👀 Meta has increased the price of Meta Quest 2 headsets by $100. Official info via Twitter here https://bit.ly/3OEaoty The earnings report shows that Meta reported a Q2 operating loss of $2.8B for its metaverse division.

❓ Questions regarding the Metaverse

- Will the Metaverse economy be bigger than the real economy?

- How much will you be willing to spend on hardware devices?

- Will Centralized Metaverse offer a better experience & customer service?

- How will politics or lack thereof impact Metaverse?

💯Blockchain DXB will release a stand-alone episode on PESTLER analysis on Metaverse. The episode will focus on the following areas

P- Political — Should metaverse be Apolitical?

E- Economical — Metaverse economy bigger than the real world?

S- Social — User-Owned Content

T- Technological — AR/VR/ MR/ 3D + Hologram

L- Legal — Legal Rights in the Metaverse

E- Environmental — ESG in the Metaverse

R- Religious — Will the Metaverse be Sharia Compliant

❗ A higher committee has been announced for Future Technology and Digital Economy formed & will be chaired by HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum Official news via Government of Dubai Media Office here https://bit.ly/3bhDxNF

You can also check out our Podcast on Dubai Metaverse Strategy here

iTunes/Apple https://apple.co/3cQW7wv

Spotify https://spoti.fi/3JbYciI

Anchor https://bit.ly/3Jbz4bX

Google https://bit.ly/3Jtf70t

5️⃣ Metaverse news from Dubai

⚡ Dubai Racing Club (DRC) has announced that it will launch a one-of-a-kind NFT artwork collection Official here https://bit.ly/3BpMVcA

⚡ Dubai Police HQ will be releasing the second NFT collection during GITEX GLOBAL 2022 #YourSecurityOurHappiness is the theme. Info via Twitter here https://bit.ly/3zFf4Ln

⚡ Blockchain DXB Metaverse Event: The Hype, Reality & New World Order on the 19th of August 2022. Register via Eventbrite here https://bit.ly/3bc8QcC

⚡ Metaverse everything podcast with Sam Lai Chief Executive officer of Meta Incubator an important conversation on Dubai Metaverse strategy and sharing the importance of Storytelling, Inclusiveness & the impact Metaverse will have on the future economy. The episode will be released on the 30th

⚡ Commercial Bank International has launched a virtual location in Decentraland Official news via ITP Media Group here https://bit.ly/3PCiVi1

5️⃣ Metaverse news can be seen in slide no 8

⛔ Since the Federal Reserve Board’s announcement of the hike in interest rate by 75 basis points. The crypto market has crossed $1T. Cryptocurrency platforms linked to Metaverse have seen significant growth in the last 24 hours. The market cap has increased by $1 billion ( price via CoinMarketCap)

For slides click here: https://bit.ly/3z8AGys

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #cryptocurrency #fintech #blockchain #people #blockchaindxb nft #doge #blockchain #cryptocurrency #news #blockchaindxb #podcast #btc #nft #doge #blockchain #cryptocurrency #crypto #blockchaindxb #blockchain #cryptocurrency #blockchaindxb #blockchaindxb #btc #blockchaindxb #realestate #technology #blockchaindxb #metaverse #news #podcast #experience #hiring #blockchaindxb #blockchaindxb #cr

28th July

⛔ Federal Reserve Board: “Inflation is a little bit hotter than anticipated & the economic activity is weaker than expected”

💥 The Federal Reserve Board raises interest rates by 0.75% (75 basis points), Official video via YouTube here. An unusually large increase is possible in the next coming months. Written document in PDF here https://bit.ly/3vjSgya

❗ Federal Reserve Board Chair Jerome Powell states 8 times ‘US is currently not in a Recession’ And a great explanation in the video on payroll & labour market conditions❗

🚨 When will the inflation be below 2%?

Reuters published an article while the speech was still on that shared info on recent data showing consumer prices rising at more than a 9% annual rate Article here https://reut.rs/3zCSvar

👀 A few hours before the meeting Meta’s Oculus QuestVR 2 informed via Twitter about an increase in price by Explanation can be found via Meta’sInstagram story too$100 Tweet https://bit.ly/3OEaoty

❓ When was the last time we saw a price increase by $100 for the same product?

📊 Since the announcement, the cryptocurrency market has crossed the $1Trillion Ethereum & Ethereum the biggest gainer. Check slide no 2 below Stable coins account for 94.01% of the total crypto market 24-hour volume

Bakkt study finds nearly 50% of gig workers are open to getting paid a portion in cryptocurrencies freelance, writers, designers, developers & property renters had the highest openness rate (62%), followed by rideshare drivers (56%), and grocery shoppers (55%). More info via Business Wire here https://bwnews.pr/3PI74yT

⚡ Lightning Network NOT Blockchain ⚡

Finance Magnates articles share perspectives from the Bitcoin community & why Bitcoin maximalists believe there is no need for other cryptos, and bitcoin alone is positioned to supersede fiat. A good read. Lightning Network NOT Blockchain is a narrative slowly building in the Bitcoin & Crypto community. An interesting short read here https://bit.ly/3vkBmjh but the same Bitcoin maximalist were praising Do Kwon when he was on a buying spree of Bitcoin.

💣 El Salvador: A failed experiment?

Decrypt has written an informative article that El Salvador plans to buy back bonds after President Nayib Bukele’s bad Bitcoin bets &he wants to buy back $1.6 billion in sovereign debt as the country’s finances look increasingly strained after a series of mistimed bets on Bitcoin. He mentioned via Twitter here https://bit.ly/3PEiT9i that he is sending 2 bills to Congress to authorize funding for the buybacks. . Article here https://bit.ly/3OBzzgl

UAE check slides)

💥 Komainu — Next Generation Custodian receives provisional Virtual Assets license in Dubai

💥 Blockchain DXB event on Central Bank Digital Currency: The Basics, Threats to Freedom, How it will fit in the Metaverse & more Event on the ( 26th August 2022)

For slides click here: https://bit.ly/3PQFhfs

Check out our podcast Crypto & Coffee at 8 to get a detailed analysis Podcast available here

Anchor: https://bit.ly/3Po8eio

Spotify: https://spoti.fi/3y3Fapq

iTunes/Apple: https://apple.co/3u4Iak7

Google: https://bit.ly/3ysvrL0

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #cryptocurrency #fintech #blockchain #people #blockchaindxb nft #doge #blockchain #cryptocurrency #news #blockchaindxb #podcast #btc #nft #doge #blockchain #cryptocurrency #crypto #blockchaindxb #blockchain #cryptocurrency #blockchaindxb #blockchaindxb #btc #blockchaindxb #re

27th May

💥Federal Reserve Board will make a decision on the interest rate today at 8 am ET (4 pm GST), this will have to severe impact on the price of Bitcoin & cryptocurrencies. Official info will be here https://bit.ly/3ouM96n

👀 Bidenflation + Stagflation + Recession + Depression will only lead to A New World Order & Deglobalization could be the main agenda post Covid19 era.

🚨 The future may look something like this.

- Bitcoin + NFT = Store of Value

- Ethereum + Blockchain Protocol = Store of Value + Medium of — -Exchange

- Stable Coins + CBDC = Medium of exchange

🚦 Lightning Network NOT Blockchain is a narrative slowly building up. Bitcoin with Lightning Network may be an ideal form of payment & medium of exchange in the Metaverse. Download info on Metaverse https://bit.ly/3xcRCTi & CBDC by Blockchain DXB here https://bit.ly/3zgiXFw

- Jack Mallers has an interesting video on YouTube at the Bloomberg LP Crypto summit last week explaining details of the actual use case of Lightning Network worth watching here https://bit.ly/3cJ9krh

❗Distributed or Decentralized or Fairly Decentralized?❗

❓ How many times is the word Decentralized mentioned in the Bitcoin White Paper?

❓ How many times is the word Distributed mentioned in the Bitcoin White Paper?

💡 Bitcoin: A peer-to-peer electronic cash system does have the ability to make $USA the greatest meme of money. A distributed system is the only way we will reach Separation of Money & The State. Unfortunately, Game theory + Human Greed and the simple yet complex nature of Demand vs Supply is an extremely challenging problems to solve. Replacing trust with Cryptography + Hashing Algorithm + Mathematic is a good start.

🙊 Decrypt has an informative article that talks about Tuesday were not a good day for Coinbase & MicroStrategy as their shares plunge amid ‘Tougher Macro Backdrop’ The article talks about how shares in Bitcoin-adjacent companies including Coinbase & MicroStrategy fell heavily at the Tuesday open. & MicroStrateg$ is currently 1 billion unrealized losses of $3.97 billion. Here https://bit.ly/3b6KnFH

⚡Fully Encrypted Peer to Peer Video Chat⚡

Tether.to, Bitfinex and Hypercore Networks, Inc. haunch Holepunch a Platform for Building Fully Encrypted Peer-to-Peer Applications Info via Twitter here https://bit.ly/3RWmvFc Currently only available for Windows & as of now inaugural product Keet is ready for download and brings peer-to-peer video chats to the masses. You can download Keet here https://keet.io/ The user experience is basic. Will be this a strong competitor to legendary Cryptographer & Bitcoin OG David Chaum’s xx network?

UAE news: (Check slides )

- Higher Committee for Future Technology and Digital Economy formed: Dubai

- Dubai Police HQ to release second NFT collection during GITEX Technology Week 2022

For slides click here: https://bit.ly/3Boi547

Check out our podcast Crypto & Coffee at 8 to get a detailed analysis Podcast available here

Anchor: https://bit.ly/3Po8eio

Spotify: https://spoti.fi/3y3Fapq

iTunes/Apple: https://apple.co/3u4Iak7

Google: https://bit.ly/3ysvrL0

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #cryptocurrency #fintech #blockchain #people #blockchaindxb nft #doge #blockchain #cryptocurrency #news #blockchaindxb #podcast #btc #nft #doge #blockchain #cryptocurrency #crypto #blockchaindxb #blockchain #cryptocurrency #blockchaindxb #blockchaindxb #btc

Series of episodes on Dubai Metaverse Strategy releasing soon

Please feel free to reach out to [email protected] for feedback or suggestions 

More info on www.blockchaindxb.com

26th July

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

⚡ Crypto market cap down to $952.04B

⚡ Stablecoins account for 93.48% of trading volume

👀 Critical for the stock market, Inflation & the cryptocurrency world as this week Apple, Amazon, and Meta will share their earnings report and The Wall Street Journal article states companies from The Coca-Cola Company to McDonald’s will share insights on #inflation, #supplychain and consumers. Info here https://on.wsj.com/3zzjyDz The official filings are available on the website. Last week Buy the rumour, Sell the news has strongly impacted the price of cryptocurrencies.

🚨 The global crypto market is down to $952.04B. Over 600M has been wiped off in 7days. The volume of stablecoins is over 93.48%, which is worrisome. Check out slide no 2 for a snapshot of the crypto market & check out our podcast Crypto & Coffee at 8 to get a detailed analysis Podcast available here

Anchor: https://bit.ly/3Po8eio

Spotify: https://spoti.fi/3y3Fapq

iTunes/Apple: https://apple.co/3u4Iak7

Google: https://bit.ly/3ysvrL0

📊 Some Technical Stuff

- Glassnode’s weekly inside Conviction through confluence discusses HODlers supply concentrations, Rebounding Off An Over-extension & The Mayer Multiple. If you are into technical graphs definitely worth go through this in detail. Info here https://bit.ly/3PBPRY3

- CoinShares weekly blog on Medium states Bitcoin saw inflows totalling US$19m last week & Ethereum saw inflows totalling US$8m. Digital asset investment products saw inflows totalling US$27m last week mostly from Switzerland totalling US$16m. Loads of useful information here https://bit.ly/3BgBNi3 Could this mean signs of a bullish market? Maybe just a temporary pump. It would be interesting to see the price movement when the Ethereum merge date gets closer.

🤩 Finance Magnates has reported that a Bitcoin Millionaire has moved14,000 BTC to an unknown wallet. This is generally a good indication which means #HODL culture is alive & well. The article also talks about separate transfers, someone moved 3,374 BTC from Coinbase on 24 July https://bit.ly/3otPse9. News originally released by Whale Alert & due to the nature of Bitcoin’s open blockchain we can verify the transactions here https://bit.ly/3zxoMQc

😯 Not Your Keys, Not Your Crypto

Do you buy cryptocurrencies from exchanges? Since 2014, roughly 42% of failed crypto exchanges have disappeared without a trace for no apparent reason Bitcoin.com has an in-depth article on this here https://bit.ly/3PAbSq9 CoinJournal’s report also notes that it is expected that the year will see a 55% fall in overall crypto exchange failures.

UAE news: (Check slides)

- Metaverse: The Hype, Reality & New World Order by Blockchain DXB 19th of August. Registration link via Eventbrite here: https://bit.ly/3PDziuS

- PESTLER analysis on Bitcoin on the 19th of August by Blockchain DXB Registration link via Eventbrite here: https://bit.ly/3OyjAjc

For slides:https://bit.ly/3JlQnXX

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #cryptocurrency #fintech #blockchain #people #blockchaindxb nft #doge #blockchain #cryptocurrency #news #blockchaindxb #podcast #btc #nft #doge #blockchain #cryptocurrency #crypto #blockchaindxb #blockchain #cryptocurrency #blockchaindxb #blockchaindxb #btc #blockchaindxb #realestate #technology #blockchaindxb #metaverse #news #podcast #experience #hiring #blockchaindxb #blockchaindxb #cr