Blockchain DXB

07th June

💡2nd Line of Bitcoin white paper…….. the main benefits are lost if a trusted third party is still required to prevent double-spending.

✋🏻Basic but so critical, yet many “Blockchain” start-ups fail to appreciate & realize the power of a fully distributed system. A peer-to-peer electronic cash system!

💥Centralized Blockchain such as Solana can easily switch off their systems. The same is applicable for Central Bank Digital Currencies (CBDC) maybe even more ie track your transactions, close bank accounts, confiscate & more. Atlantic Council has released a CBDC tracker that shows over 105 countries are exploring. Info here https://bit.ly/3MpC58p Bitcoin.com article states that Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says CBDCB could kill cryptocurrencies article here https://bit.ly/3NR6ugQ . Check out the session by Blockchain DXB where we discuss Central Bank Digital Currencies: The Basics, Threats to Freedom & Metaverse.

😱Failed experiment: Legal Tender

In El Salvador, a recent survey https://bit.ly/3Msv4Ui by the University Institute of Public Opinion of the José Simeón Cañas Central American University found that more Than 70% of citizens believe the Bitcoin Law has not improved their personal finances. Should they have implemented stable coins instead?

⚡NFT hype over?

Cryptoslam.io reveals that NFT sales have dropped 65.43% since last month Google queries are also on a downtrend & data indicates that interest in NFTs has dropped to the lowest point since the first week of October 2021 Bitcoin.com has a brilliant & detailed breakdown of this here https://bit.ly/3mhEM19 The trend in #Btc, #blockchain, #cryptocurrency world is as below

2008: Bitcoin is a scam

2013: Internet Money

2015: Blockchain NOT Bitcoin

2017: ICO ( Initial Coin Offering)

2019: DeFi

2020: NFT

2021: NFT + Metaverse (last quarter thanks to Meta)

2022: Metaverse + CBDC

⚒️Technical Market Info

Glassnode report indicates a stressful situation for #BTC miners & #Hodlers as investors are now holding unrealized losses.

- Mining Difficulty 🔺

- Miner Revenue 🔻

The report also talks about long-term holders facing losses Cumulative Realized Loss & more here https://bit.ly/3xnv4ka

CoinShares blog on Medium confirms that Inflows totalled US$100m last week, with investors focussing on Bitcoin. Could these mean bullish times ahead? Probably the 2nd half of 2022 is more positive for Bitcoin? Ethereum (AKA 1st world computer)continues to suffer from outflows totalling US$32m .9 straight weeks of outflows. Blog here https://bit.ly/3asJ5Eb

⛔It’s critical to understand the fundamentals & technical analysis. Don’t Trust Very as some key people also provide misleading information! Bitcoin price predictions are 100% right, 50% of the time.

For slides click here:https://bit.ly/3NVUxH0

Two UAE news: (Check slides)

💥Crypto.com Gets provisional approval from Dubai Regulatory Authorities

💥DAMAC Properties completes $50m in crypto deals

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 #cryptocurrency #crypto

06th June

💡Is Bitcoin Modernizing or Americanizing?

💥Bitcoin price predictions are 100% right, 50% of the time. Maybe it’s time to revisit a brilliant article written back in 2002 by Yoichi Shimemura called “Globalization vs. Americanization” & compare it with Bitcoin as Bitcoin has become the most important economic, political, & cultural phenomenon of our time. Article here https://bit.ly/3GZBSI4 With Deglobalization set as the next agenda where & how does Bitcoin fit in the New World Order? Treasury Secretary Janet Yellen of U.S. Department of the Treasury admitted last week that she had failed to anticipate how long high inflation would continue. She told CNN’s Wolf Blitzer on “The Situation Room” Article here https://cnn.it/3PZInhX

🙄#Bitcoinfixesthis is a narrative pushed by Bitcoin Maximalists without giving any concrete reasoning & explanation. The only explanation is Bitcoins supply is fixed! Where does Bitcoin fit in with Inflation, Deglobalization & New World Order? Currently, bitcoin is on track to record 10 consecutive weeks of losses for the first time! Demand vs Supply (Fixed) + Game Theory + Human Greed = Price Volatility.

CoinDesk published an article “Bitcoin Might, in Fact, Be the Great ‘Equalizer’ https://bit.ly/3tgIY56 that takes into consideration a global survey by BLOCK. Quite a misleading report for instance it states Nigeria finds it more appealing to use Bitcoin, while this may seem true but basic common sense will tell us average citizen in Nigeria cannot afford to buy or send funds using Bitcoin Report here https://bit.ly/3x7sVYw The report is written with a woke mentality and mentioned the gender gap is more pronounced in America but less male-dominated when looking at the rest of the world.

Meanwhile all crypto price influencers via YouTube, Instagram TikTok are preaching two things 😆

👎🏻 #BTC price is Low = Buy Bitcoin now it’s on Discount

👍🏻 #BTC price if High- = Buy Bitcoin now it’s only going to go higher

🚨24-hour volume of stable coins is $38.01B (Side no 2 below)

Is 2022 the year of Binance? It announced it is the Official Sponsor of The Weeknd’s Global Concert Tour. The Weeknd’s ‘After Hours Til Dawn’ tour will be the first concert to introduce web 3.0 technology, The sponsorship was possible after a collaboration inked with HXOUSE official info via blog here https://bit.ly/3tgWOVn

Yuga Labs’ Bored Ape Yacht Club, OtherSide Discord group has been breached for over 145 ETH. As per Cointelegraph the attack was conducted by hacking into the Discord account of Boris Vagner. The article here https://bit.ly/3zn4lWi has more info. Now since Block+Chain Technology is Immutable what happens to the NFTs stolen? Is Code Law?

Two UAE news ( Check slides) Both great use cases for Crypto

- Dubai charity Al Jalila Foundation to accept donations in cryptocurrency

- Dubai’s Binghatti Developers to sell property against Bitcoin, Ethereum Muhammad BinGhatti

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

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

01st April: Metaverse & Dubai news

Dubai Police HQ has just released 150 free NFTs. The NFT's focus on #innovation, #security & #communication. To claim to follow them on Instagram their id is'dubaipolicehq' Send them your name, email & wallet ID simple as that. Great initiative & use case.

Future Innovation Summit the 2nd season. The event is bringing the most innovative solutions from all over the world to Dubai. Check the agenda here https://bit.ly/3J1sp21 The event focuses on #SPACE #SUSTANABILITY & #METAVERSE

At the World Government Summit that took place in Expo 2020 Dubai, Dubai announces a plan to enter the metaverse. Metaverse could provide nearly $800Bn in revenue by 2024. Check out the slides here to know more about the announcement https://bit.ly/3uHL12c. The National News published an article a few days ago where they talk about Metaverse to drive inclusion in education and health care sectors. Interesting article here https://bit.ly/3uMfFY6 & Noor Sweid, founder and general partner of UAE venture capital company Global Ventures also mentions the importance of hardware for Metaverse to be more accessible.

DAMAC Properties one of the UAE’s largest real estate property developers plans to launch a metaverse project. Managing Director Ali Sajwani company’s intended push into the metaverse comes after an online survey he conducted revealed that real estate is likely to be the first industry to use NFTs. More news via NEWSBTC here https://bit.ly/3uIYHKn

Dubai Fitness challenge may have a new addition this year. Fitness in the Metaverse? FitnessVR, First Health and Fitness Metaverse, was Officially incorporated in Dubai created by Scorpio Metaverse Corporation. They may launch the alpha and beta of FitnessVR Metaverse in Q2 and Q3 of this year. Info here https://bit.ly/3qSgfT4

News also in Yahoo Finance https://yhoo.it/38jCRpd Les Mills International (Dubai) recently advertised classes one can attend via Oculus VR with body combat app . Info here https://bit.ly/3qOtFj6 There was a post about the same on their Instagram page (lesmillsmiddleeast)

Where does Blockchain & Cryptocurrency fit into the Metaverse?

Can Metaverse function much better with Centralized systems such as Meta as it offers Easy user onboard & interface, better infrastructure. Or will there be a new market leader? Blockchain technology may have its hype but the user experience will be no match to a centralized system, It will be expensive & time-consuming as Scalability issues still exist in the crypto & blockchain world. Despite it being over a decade old technology was created by Satoshi Nakamoto. Metaverse combined with promises of Neuralink could change the current & future of humanity. How will Artificial intelligence play a role in the Metaverse? Area2071 will be the centre stage of Metaverse?

For more information check out www.blockchaindxb.com

For feedback & inquires drop us an email to : [email protected] & [email protected]

My LinkedIn profile to get connected is https://www.linkedin.com/in/r-a-george-19b102104/

For slides that has more information click here https://blockchaindxb.com/metaverse

For Bitcoin, Blockchain & Cryptocurrency news click here :https://blockchaindxb.com/daily-blogs

13th Oct

Shocktober having a great start with Bitcoin at$55,600 & Total Volume locked in Defi over $200 Billion!

Stats from https://defillama.com/ show that Curve Finance is leading the TVL stats followed by Aave & MakerDAO. 9 out of the top 10 are on Ethereum Blockchain. NEWSBTC has a great breakdown https://bit.ly/3ABIebM While the NFT hype has been circulating since earlier 2021. Defi has been growing at a steady pace. However, earlier in September Charles Hoskinson had mentioned “I think Defi is in a bubble and it’s always what happens NFT and Defi is the latest. Details can be found on YouTube interview with Forkast.News https://bit.ly/3v7yJQl at 18:48 mins. What do you think are Defi & NFT’s in a Bubble? In a similar view, Vitalik Buterin co-founder of Ethereum had a fantastic interview with The Stakeborg talk where they discuss “Technology Philosopher”, Ethereum history, DAO, Defi, NFT &more some important information on how Culture impacts Blockchain & vice versa. https://bit.ly/3v4YYXH and can Bitcoin & Ethereum become strong cultural forces?

In some cryptocurrency ( Not Blockchain) news Ripple has announced a strategic ESG Investment they have partnered

with Nelnet Renewable Energy to reduce over 1.5 million tons of US carbon emissions over the next 35 years. A $44 Million Clean Energy Fund! official release https://bit.ly/3n4HV4D

Celsius Network raises $400M mentioned via Twitter “The funding round was led by WestCap Caisse de dépôt et placement du Québec (CDPQ). They plan to continue expanding its offering and

products, focusing on institutional-grade products increase its employee count to nearly 1,000 CEO Alex Mashinsky will be in Dubai for Gulf Blockchain Week Another CEO who is in Dubai is Changpeng Zhao , CEO of Binance, Binance has launched a $1 billion to promote the Binance Smart Chain as well as promote a variety of other sectors. He will also be a speaker at the

Future Blockchain Summit taking place on the 17th — 20th. Gwendolyn Regina, investment director has stated half of the funds will go to blockchain services, & niche areas of the crypto world such as gaming and virtual reality. She has put a great post via LinkedIn https://bit.ly/3BDo0Qf

NFT’s

Reese Witherspoon & Snoop Dogg (Cozomo de’ Medici) share their involvement in NFT via Twitter. Snoop Dogg suggested that Witherspoon connects with Priyanka Desai, head of operations at OpenLaw and a member of the NFT-collecting DAO, Flamingo DAO. Tweet here https://bit.ly/3lCEfrf

Bored Ape Yacht Club creators Yuga Labs have signed veteran music manager Guy Oseary to expand the brand into other entertainment formats. The project has generated more than $900 million in secondary market trading volume across all collections! https://bit.ly/3ABH0NN

UAE news:

1) COVID Fund Lost $1.2B By Selling SHIB Too Early! Linked to UAE ?news by CoinMarketCap (check slides)

2) LBank Exchange Co-hosts 2nd Blockchain Dubai Summit in Expo 2020 Dubai (check slides)

For slides click here https://www.linkedin.com/posts/r-a-george-19b102104_blockchaindxb-btc-activity-6853858450405961728-50SP

Our website: www.blockchaindxb.com

email: [email protected]

LinkedIn Profile https://www.linkedin.com/in/r-a-george-19b102104/

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #bitcoin #cryptocurrency #blockchainnews #doge #dogecointothemoon #crypto #news #tbt #network #blockchain #innovation #podcast #blockchaindxb #btc

11th Oct

Settlement Layer! Bitcoin V/S Ethereum

Ethereum as payment Settlement layer? Over $6.2 Trillion in transactions have been settled on Ethereum over 12months Detailed info can be found in Messari Originally highlighted by Ryan Watkins via Twitter https://bit.ly/3iOacek. This does not even include ERC 20 tokens. In a similar post Nasdaq has posted an article over a month ago on Bitcoin vs Ethereum as a Settlement network. Some detailed comparison on Daily fees, Transfer volumes & more can be found here https://bit.ly/3oJtp4C Meanwhile in September Standard Chartered Bank Crypto assets global research states they structurally value Ethereum at $26,000 — $35,000 https://bit.ly/2YJ4HXt A bit too far fetched? ETH may overtake #BTC only in market cap in price maybe never?

Alexander Hoeptner CEO of BitMEX feels at least five countries that accept Bitcoin as legal tender, all from Developing Nations. Bitcoin Magazine articles provide more info https://bit.ly/3BBtivG As per The World Bank remittance flows to low- and middle-income countries (LMICs) reached $540 billion in 2020 as per data from Knomad https://bit.ly/3v0MVKM Bitcoin can solve any problems in terms of high fees & time and help remittances in developing nations! Vitalik Buterin however feels that El Salvador’s Bitcoin Approach Is ‘Contrary to the Ideals’ of Crypto. He replied to a Reddit, Inc. post https://bit.ly/3ByQoCX some important points made by him in the thread. Is Bitcoin A Political or can Autocratic leaders & politicians force the adoption of Bitcoin? Bitcoin was created as a movement towards Money and the State. A peer to peer electronic cash system but politics and politicians can sway the direction & adoption of #BTC Andreas M. Antonopoulos has often questioned what happens if there is a fork in the near future which Bitcoin would be legal tender

Republican senator Cynthia Lummis pro-Bitcoin & pro-Opensource buys more #BTC as she sees it as a Store of value. She disclosed her recent bitcoin purchase in a periodic transaction report detail via NEWSBTC https://bit.ly/3AodWJm. Democrats vs Republicans (6–0) who are in favour of Bitcoin & Opensource? Jameson Lopp projects http://bitcoinpoliticians.org/ shows only 6 politicians are (All Republican) have purchased Bitcoin & in favour of Opensource innovation & freedom

Boxing & NFT

Tyson Fury wins the Trilogy but promotes EthereumMax. The champ promoted via Facebook story a few minutes prior to the fight. Boxers & Rappers seem to be promoting EthereumMAX!

McDonald’s in China gave away “Big Mac Rubik’s Cube” 188 NFTs on its 31st anniversary on 8th Oct. Built on Conflux Network https://bit.ly/3iKhQWY

Rumours or Legitimate news? News articles from various crypto mainstream media state Godwin Emefiele, the governor of the Central Bank of Nigeria has confirmed the country’s upcoming digital currency will be launched “in a couple of days from now.” However not one of them has a legitimate source. The Central Bank of Nigeria also does not mention anything about it

UAE news: (Check slides)

1. Bitcoin Beginners Guide 9th session by Blockchain DXB

2. Ethereum Beginners Guide 5th session by Blockchain DXB

For slides click here https://www.linkedin.com/posts/r-a-george-19b102104_btc-btc-btc-activity-6853179732549275648-TGOS

Our website: www.blockchaindxb.com

email: [email protected]

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #bitcoin #cryptocurrency #blockchainnews #doge #dogecointothemoon #crypto #news #tbt #network #blockchain #innovation #podcast

07th Oct

Bitcoin has gone mainstream! George Soros’ family office has invested in cryptocurrencies, saying that the asset class has officially gone “mainstream.” fund’s CEO and CIO Dawn Fitzpatrick revealed this in an interview with Bloomberg LP. via YouTube https://bit.ly/3oFJEjc Listen at 03:57

Long-term thinking 😎 as Bitcoin crosses the 1Trillion market cap again! All news about Bitcoin this week, the new narrative slowly building momentum is Lightening Network, Not Blockchain

Long term bitcoin holders Accumulated 2.35 million BTC in the Last 7 Months while only 180,000 Bitcoins were mined. Glassnode CEO Yann Allemann mentioned via Twitter https://bit.ly/3lh8SlA. Also, a great article published by Stelios Rammos via Medium is definitely

worth a read & some contrasting & interesting points https://bit.ly/3AoBXAc. In similar news, James Butterfill of CoinShares posted on Medium which states Bitcoin saw inflows of US$69m last week. Good stuff https://bit.ly/3aeVWXg He also recently posted via LinkedIn Bitcoin has been the best performer for 7 of the previous 9 years. We mentioned yesterday Bitcoin has performed better than Gold since the last decade NEWSBTC article states https://bit.ly/3iAzufW “Bitcoin Inflows Shows Institutional Investors Are Back On The Bull Train” Shocktober seems to be a good month for #Bitcoin & #cryptocurrency. The Fear & Greed index is also now at 68 ie”GREED” https://bit.ly/3oIBdU7 .

Katie Stockton, CMT of Fairlead Strategies says Momentum is on Bitcoin’s side with short-, intermediate-, and long-term momentum indicators all in positive territory as of Tuesday. Detailed info via Business Insider https://bit.ly/3myuRUA Greg Foss has written an article on BitcoinMagazine “The Intrinsic Value Of Bitcoin, Calculated Using Sovereign Credit Default Swaps” u can read here https://bit.ly/3msE1SM. He has referenced the US Debt clock & notes total funded plus unfunded liabilities of the U.S. equal

$29 trillion-plus $158 trillion & some useful websites https://bitbo.io/

The future would look something like this

Bitcoin as store of value

Ethereum as a store of value

Stable coins — USDT, USDC, CBDC, Facebook DIEM as a medium of exchange

Gustavo Petro, A Colombian senator said that “virtual currency is pure information and therefore energy.” https://bit.ly/3mpJKbQ. He also mentioned that South American countries could use renewable energy to mine Bitcoin instead of making cocaine. Full info via Decrypt https://bit.ly/3oER4mA

AMC Theatres “ DogeCoin to the 🚀 moon” as they now accept crypto payments. CEO Adam Aron just tweeted “now you can buy AMCTheatres digital gift cards (up to $200 per day) with Dogecoin and other cryptocurrency using a BitPay wallet.

https://bit.ly/3lheD2P

UAE news:

1) UAE crypto exchange BitOasis raises $30M to expand in MENA (Check slides)

2) Gulf Blockchain Week Week, on October 8–15, 2021 (Check slides)

For slides click here https://www.linkedin.com/posts/r-a-george-19b102104_bitcoin-cryptocurrency-blockchain-activity-6851672351680073728-vinw

#blockchain #blockchaindxb #bitcoin #cryptonews #cryptocurrency #btc #newsupdates #tbt

06th Oct

Bitcoin vs Gold What has performed better in the last decade?

Kevin O’Leary in an interview with Stansberry Research’s Daniela Cambone said that “For the first time ever, my crypto exposure is greater than gold” You can watch the full video via YouTube here https://bit.ly/3oBGdKm . Yesterday we mentioned Virgin Galactic Chairman Chamath Palihapitiya in an interview with CNBC said Bitcoin has replaced Gold. Details here https://cnb.cx/3Bde5jV Peter Schiff just a few hours ago used Twitter to tell his followers that #Gold and #silver mining stocks continue to be the ironic victims of surging #inflation. https://bit.ly/3oEO8GD Another detractor of Bitcoin Jamie Dimon CEO of J.P. Morgan did share a valuable insight in an interview with Axios on HBO said that “It’s got no intrinsic value, regulators are

Jim Cramer reacts & echo’s a similar opinion on CNBC & feels the need for better crypto regulation ( could he be talking about stable coins https://bit.ly/2WOyPzO. Circle on the other hand reveals cooperation in ongoing SEC investigation. Official release can be seen here https://bit.ly/3DbdoZd The filing is part of its plan to go public through a merger with Concord Acquisition Corp, with the firm valued at $4.5 billion. Full details can be seen on Cointelegraph https://bit.ly/3Aesawv

In similar news, Congressman Patrick McHenry has introduced the Clarity for Digital Tokens Act of 2021, which seeks to make SEC Commissioner Hester Pierce’s “safe harbour” proposal into law. A detailed letter to Chair of U.S. Securities and Exchange Commission Gary Gensler was sent on the 5th https://bit.ly/3uFWqiA. If adopted, these new rules may allow crypto firms to dodge securities laws?

Blockchain DXB has a session via Eventbrite & Podbean where we talk about PESTLER analysis on Bitcoin https://bit.ly/3Dka665

P- #Political — Is Bitcoin Apolitical

E- #Economincal — Global wealth Redistribution

S- #Social — Social impact

T- #Technological — User exp of #BTC

L- #legal — Law & Regulations governing Bitcoin

E — #Environmental — ESG ( Bitcoin Mining & More )

R- #Religious — Is Bitcoin Sharia Compliant

#BTC crosses the $51,000 price once again! With over 12,300 cryptocurrencies via CoinMarketCap Bitcoins, dominance is at 43.2% ( 01:00am GST )

Since WhatsApp had a downtime can Secretum App be the solution for a Decentralized messaging app? They claim to be the world’s first and only decentralised, encrypted messaging app,

built on the Solana. A bit ironic that Solana had a downtime of over 17 hours a few weeks ago Details posted by Finance Magnates https://bit.ly/2YkoifY

UAE news:

1) TOKHIT and Welthee choose the UAE for their Middle East Debut (Check slides )

2) TDeFi blockchain business hackathon with over $1 million rewards at GITEX ,Dubai (Check slides)

#blockchaindxb #cryptocurrency #btc #news #crypto #dubai #news #doge #bitcoin #law #finance #digital #interview #mining #socialimpact #ceo #video #middleeast #middleeast

For slides click here https://www.linkedin.com/posts/r-a-george-19b102104_gold-silver-inflation-activity-6851316073728405504-g7lt

Our website: www.blockchaindxb.com

email: [email protected]

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #cryptocurrencynews #pandorapapers #btc #blockchainnews #btc

05th Oct

Shocktober! Bitcoin nears 50,000 as Facebook Instagram WhatsApp were down! Will a Distributed social media platform perform much better?

Bitcoin has had downtime in the past. Recently, Solana, had a downtime of over 17hours or are current systems work fine?

Edward Snowden mentioned via Twitter #bitcoin is up 10x

since despite a coordinated global campaign by governments to undermine public understanding of & support for cryptocurrency. In a similar yet contrasting view Former President Donald Trump in an interview with Yahoo Finance said “I don’t want to have other currencies coming out and hurting or demeaning

the dollar in any way.” The full interview can be found here https://bit.ly/3l7pCvJ & Virgin Galactic Chairman Chamath Palihapitiya in an interview with CNBC said Bitcoin has replaced Gold. Details here https://cnb.cx/3Bde5jV

How many bitcoins do u think the multi-billionaire, CEO of Social Capital LP has? Definitely more than #satoshi at this point?

Glassnode’s week on chain 4th Oct report states The Bitcoin

price has rallied strongly out of a zone of heavy accumulation, seeing around $1.75B worth of capital inflows per day. Some useful stats on mining difficulty requiring around 80 sextillion hashes to solve a block full technical info here https://bit.ly/2ZQDu5b Anita Posch had a fantastic video with Adam Back from Blockstream on YouTube where she questions if the cost of security is much higher

than required. It’s definitely worth a listen https://bit.ly/3B6HbS6

. With Iran having restarted the mining operations last month (22nd

of September ) most likely the difficulty mining gets adjusted in the next 2016th block. NEWSBTC has published a technical analysis where Antpool Bitcoin Mining has been the top mining pool dedicating hashrate to the BTC network with 29.7 EH/s or 20.47% of the global hashrate. Antpool is followed by f2pool with 23.58 EH/s or 16.2% of BTC’s overall hashratehttps://bit.ly/3FlQgc6 Is the security too strong for Bitcoin & can the electricity usage be used in Bitcoin Blockchain elsewhere? Game theory does

not seem to be beneficial in this case

OpenSea has its largest day of trading on the 3rd. Ethereum-based NFT project CrypToadz by GREMPLIN led the charge with over $19

million worth of volume in a single day. OpenSea recorded its highest single day of trading volume in nearly a month. More info can be found here https://bit.ly/3iA4Sej

The Joke is on you! A Tweet mocking how little value NFTs have turned into $5K NFT Cointelegraph posted article https://bit.ly/3mn8aml

Another crazy NFT via Mintable regarding fake news can be seen here https://bit.ly/3A5V01S Where #Fakenews will be created &fake news in Blockchain is Immutable!

UAE news

1) Dubai based Exor exchange is launching a digital platform in Latin America (Check slides)

2) Blockchain DXB podcast: Over 70 hours of live sessions in Crypto & Coffee at 8 (Check slides)

#blockchaindxb #btc #cryptocurrency #whatsapp #twitter #instagram

For sides click here https://www.linkedin.com/posts/r-a-george-19b102104_bitcoin-satoshi-fakenews-activity-6851070663151685632-Bq_K

Our website: www.blockchaindxb.com

email: [email protected]

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #cryptocurrencynews #pandorapapers #btc #blockchainnews #btc

04th October

Pandora Papers! How ultra-rich move their $$$ leaked! Will it affect the price of #Bitcoin & #cryptocurrency? Over $32 Trillion stashed aware in offshore havens 😱

As per CoinMarketCap, the Global crypto market is over $2Trillion once again. While Bitcoins long-term holder supply reaching ATHs, the 24 volume of stable coins has gown down to $67 Billion ( Not surprising ) Of this $67 Billion Tether.to still accounts for $60 Billion ( almost double of Bitcoins trading volume). Speaking of stable coins, the Biden administration is considering regulating stablecoin issuers as banks, this would mean they will have to register as Banks. More details on The Wall Street Journal can be seen here https://on.wsj.com/3B8Q8dK & by Reuters here https://reut.rs/3Fe30ld . Probably the right move! The issuers of the stable coin are in control of the creation, managing & supply of its coins so probably does make sense? In the case of Bitcoin, no one is in charge of the creation, managing & supply of its issuance.

Will Clemente from Blockware Solutions & Stephan Livera discuss some on-chain technical analysis on YouTube. Loads of useful information here https://bit.ly/2Yhg8os

The new narrative in the Bitcoin world growing is Lightening Network, Not Blockchain. Bitcoin Magazine has published an informative article https://bit.ly/3l5sol6 “TWO DIFFERENT IDEAS OF THE LIGHTNING NETWORK” 1) Conventional thinking of Profit incentives 2) Non-Profit oriented thinking. Definitely worth a read. Blockstream has also published an informative blog on Liquid Network “ Preparing for Dynafed https://bit.ly/3D70MSF. Once Liquid Network, Lightning Network & Phinx chat works do we need any other “Blockchain” platforms like Ethereum, EOS, Cardano?

Coinbase hack! At least 6,000 customers accounts were victims of hackers. A breach notification letter was sent out to customers. #fundsaresafu & they have reimbursed and have promised to deposit funds equal to the value of currency improperly removed from the account. https://bit.ly/3a4VCKu Details of the hack & procedure can be found CoinDesk the article is here https://bit.ly/3mkiECU

Gary Vaynerchuk’s hand-drawn VeeFriends Doodles Sell For $1.26M, the auction took place at Christie’s New York on October 1. His digital scans of his “VeeFriends” hand-drawn doodles have generated more than $90 million in sales to date. Detailed news by Decrypt here https://bit.ly/3iuGieJ

UAE news:

1) Dubai Police HQ & BitOasis are working closely together to build awareness around the risks prevalent in the crypto space. A successful event called Crypto Safe for the people took place on the 29th Sep by Future Blockchain Summit, Cointelegraph & more. We have added info on how to identify scams vs legit projects (Check slides for more info )

2) AI Everything 17–21 October ( Dubai World Trade Centre) definitely a must even to attend! ( check slides for more info)

For slides click here https://www.linkedin.com/posts/r-a-george-19b102104_bitcoin-cryptocurrency-fundsaresafu-activity-6850613587237515264-olRa

Our website: www.blockchaindxb.com

email: [email protected]

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #cryptocurrencynews #pandorapapers #btc #blockchainnews #btc

01st Oct

The last quarter of 2021 seems to have had a good start for the crypto market! Historically performance for BTC during Q4 has always been on an inclining trend 📈

Chairman Jerome Powell of the Federal Reserve Board says he has no intentions to ban #Bitcoin. Powell testified before the House Financial Services Committee on the 30th. You can watch the full video via YouTube here. The Questions about CBDC & Stable coins start at 1 hr 16 mins https://bit.ly/2Y27gDd ( Terrible start to the session though 🤢 by Maxine Waters )

Kraken Digital Asset Exchange's security labs have identified vulnerabilities in commonly used Bitcoin ATM. They published a blog. Details can be found here https://bit.ly/39QanAZ. In a nutshell, a large number of ATMs are configured with the same default admin QR code, allowing anyone with this QR code to walk up to an ATM and compromise it ( detailed explanation with video is in the blog).

Researchers at tradersofcrypto.com found some really interesting insights about UK's view on cryptocurrencies.

Survey shows 64% of Britons believe crypto Is 'Not a Safe Investment,'

Ethereum Is a Drug🥴

Cardano Is Cheese😂

Details of the survey are here https://bit.ly/3B0IjGK. Looks like cryptocurrency still has a long way from mainstream adoption! The report has some interesting information about Dogecoin too.

Postage + Blockchain (Switzerland & Russia)

Switzerland national postal service to debut crypto stamp on Polygon. The Swiss crypto stamp is a digital collectable (NFT) linked to a traditional physical stamp issued by the Swiss Post Details can be found here https://bit.ly/3mcB9JA

Russian Post to Employ Blockchain Technology in Parcel Tracking, A Blockchain-based tracking system to help Russian Post save time & resources https://bit.ly/3uup5Hp

Both may seem like a good use case for Blockchain? Or can current existing systems work cheaper, faster & better quality?

Czech Aristocrat Family are turning to NFTs to protect a 700-Year-Old Art Collection, The Lobkowicz collection has survived Nazis and Communists. To preserve art in the age of COVID, the family is turning to NFTs! Having overseen the collection for 700 years, the House of Lobkowicz is pinning its hopes for cultural preservation on an invention that wasn't around seven years ago: NFTs—the digital, 21st-century version of a receipt of ownership. Details published by Decrypt here https://bit.ly/3ooWBxA

NEWSBTC just reported that DC Comics aims to release 'One of the Largest NFT Drops Ever' at This Year's Fandom in partnership with Palm NFT Studio The event will take place on the 16th of this month & the website is www.dcfandome.com List of NFT's in the article

UAE news:

1) WOW! World of WEB3 Summit to take place on the 14-15th of October 2021 (Check slides)

2) Blockchain Economy Expo 2020 Dubai, which will take place as part of the Expo 2020 Dubai ( Check slides)

#blockchaindxb #bitcoin #news #dogecointothemoon #crypto #dubaiexpo2021 #dubai #uae