Blockchain DXB

Blockchain DXB

By Blockchain DXBBusiness
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Blockchain DXB episodes

  • Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 14th March 🚨🚀 Inflation 🚀🐶 Dogwifhat 4th largest meme coin 🚨Centralization of #BTC by MicroStrategy ❗ South Africa approves 59 crypto licences

    14th March- Crypto & Coffee at 8

    🚀Bidenflation 🐶 Dogwifhat 4th largest meme coin 🚨Centralization of #BTC by MicroStrategy ❗ South Africa approves 59 crypto licences

    📊 The Consumer Price Index (CPI), as reported by the Bureau of Labor Statistics, climbed by 3.2% year-on-year in February 2024, slightly exceeding the 3.1% increase recorded in January and surpassing forecasts which also stood at 3.1%. Month-on-month, inflation rose as anticipated by 0.4%, a quickening on January’s 0.3% pace. The official place to check Inflation is here https://www.bls.gov/news.release/cpi.nr0.htm Bitcoin & Crypto remained unchained BUT based on Jan data Federal Reserve Board chair Jerome Powell will be making a decision on keeping the interest hike or increasing it.

    🚨 The meme coin called dogwifhat (WIF), featuring a dog with a pink beanie, has gained significant popularity during the recent crypto bull market, reaching a market capitalization of $2.6 billion. Community members have successfully raised over $690,000 in USDC stablecoin donations within four days for a campaign to display the token’s mascot on the Sphere, an entertainment venue in Las Vegas. This achievement makes dogwifhat the fourth-largest meme coin by market capitalization. However, some analysts caution that the coin’s rapidly increasing price could indicate excessive market speculation. More info via CoinDesk https://tinyurl.com/592zwsfu

    🔥 MicroStrategy Plans to Raise $500 Million Through a Private Sale to Buy More Bitcoin. Official info here https://tinyurl.com/ypcu6hwc

    - MicroStrategy, the software firm and self-proclaimed “Bitcoin development company,” has announced plans for another private sale to acquire more Bitcoin. The company intends to offer $500 million worth of convertible senior notes to institutional buyers, with the goal of purchasing additional cryptocurrency. MicroStrategy currently holds 205,000 Bitcoin, making it the largest corporate holder of the digital asset.

    🟢South Africa’s financial conduct regulator, the FSCA, has granted operating licenses to 59 cryptocurrency businesses, as the country moves towards regulating the asset class. In 2022, the FSCA declared crypto assets as financial products, citing the need for regulation to safeguard customers and prevent illicit activities such as money laundering and terrorism financing. This regulation also empowers the central bank’s Financial Surveillance Department to mandate reporting of crypto asset transactions by South African trading platforms. Felicity Mabaso, an executive at the FSCA, announced these developments at a financial sector conference, revealing that 355 license applications were received, with 262 still under review. Via Reuters https://tinyurl.com/3xkr8d8c

    🟠 Two UAE News: (See slides)

    ⚡ Crypto Fight Night boxing event returns to Dubai endorsed by the World Boxing Council (WBC)

    ⚡ Mozn launches new solution within its AI-powered platform FOCAL to reinforce the financial sector

    For slides click here: https://tinyurl.com/mv957pbw

    LinkedIn Profile: ⁠https://tinyurl.com/bdeevbru⁠

    To support our channel click the link below

    ⚡ The Race Space Podcast

    🎙️ Instagram: @theracespoacepodcast

    Podcast Host: @am_aminoo_

    Podcast Host: @george_crewe

    Podcast Host: @black_incarnation

    🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman Listen here https://tinyurl.com/y26cu3td

    ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

    ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

    ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28

    42 min
  • Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 13th March 🚨 Ethereum ‘Dencun’ upgrade 🚨 CoinShares Completes Acquisition of Valkyrie Funds ⚡MakerDAO new tokens ❗Binance to delist TrueUSD pairs❗

    13th March- Crypto & Coffee at 8 

    🟢 Ethereum ‘Dencun’ upgrade 🚨 CoinShares Completes Acquisition of Valkyrie Funds ⚡MakerDAO new tokens ❗Binance to delist several TrueUSD pairs

    🟢 Scheduled for Wednesday, at around 13:55 UTC (9:55 a.m. ET)Ethereum’s Dencun upgrade combines Deneb and Cancun, aiming to reduce fees for layer-2 networks like rollups. This significant code change, activating EIP-4844 (proto-danksharding), enhances data handling. Originally slated for late 2023, it was delayed due to engineering concerns but underwent successful testing. Enthusiasts plan watch parties to mark the occasion, with communities like EthStaker and infrastructure teams like Nethermind hosting livestreams. Info via Cointelegraph here https://tinyurl.com/mr42t2u9

    🟢 What is the Dencun upgrade? Check out Blockchain DXB’s podcast we explain the following .

    - What is Dencun?

    - How does it work?

    - What is “proto-danksharding”?

    - What about data availability layers (DA)?

    - & more

    Decrypt article states Ethereum L2s Arbitrum, Optimism and Polygon See Gains Ahead of Dencun Upgrade Info here https://tinyurl.com/5cb6w65y

    🔴 CoinShares, a European fund manager specializing in digital assets, has completed its acquisition of Valkyrie Funds LLC. This move gives CoinShares sponsor rights to Valkyrie’s new Bitcoin exchange-traded fund (ETF) and is part of their growth strategy, with a focus on the U.S. market. CoinShares now controls several funds, including the Valkyrie Bitcoin Fund, and is set to gain around $530 million in assets under management. Info here https://tinyurl.com/ycy95t9n & via Valkyrie’s Twitter here https://tinyurl.com/yj8jakkn

    ❗ With the move, CoinShares is set to gain around $530 million of assets under management across four funds.

    🟢 NewStable and NewGovToken

    - MakerDAO founder Rune Christensen has announced the launch of the first phase of Endgame, set for the summer of 2024. This phase will unveil two new tokens, NewStable and NewGovToken, while the current stablecoin Dai and governance token MKR will remain unchanged. Users will be given the choice to transition to these new tokens, which will provide additional staking and yield farming capabilities. Info via The Block here https://tinyurl.com/43us4m78

    ❗ Binance will remove and cease trading on the following spot trading pairs:

    RPA/BNB, COMP/TUSD, EDU/BNB, EDU/TUSD, PENDLE/TUSD Notice of removal was given to users here https://tinyurl.com/5hbzp8nc Cointelegraph article here states The TUSD stablecoin has faced many issues since the fourth quarter of 2023. On Oct. 17, the team behind the stablecoin announced a potential leak of certain Know Your Customer and transaction history data of its users after a third-party vendor was breached. https://tinyurl.com/y5a7bpub

    🟠 Two UAE news

    ⚡ Animoca Brands and King Abdulaziz City for Science and Technology (KACST) join hands to launch Web3 hub in Saudi Arabia

    ⚡ Abu Dhabi’s Mubadala, G42 launch technology investment company MGX

    For slides click here: https://tinyurl.com/mua3path 

    LinkedIn Profile: https://tinyurl.com/bdeevbru

    To support our channel click the link below

    ⚡ The Race Space Podcast

    🎙️ Instagram: @theracespoacepodcast

    Podcast Host: @am_aminoo_

    Podcast Host: @george_crewe

    Podcast Host: @black_incarnation

    🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman Listen here https://tinyurl.com/y26cu3td

    ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

    ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

    ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28


    45 min
  • Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 12th March 🚨 💡 Billionaires buying more BTC 🚨 Coinbase vs SEC ❗ MetaMask is testing a Mastercard payment card

    12th March- Crypto & Coffee at 8

    💡 Billionaires buying more BTC 🚨 Coinbase vs SEC ❗ MetaMask is testing a Mastercard payment card

    🔵 MicroStrategy, led by Bitcoin advocate Michael Saylor, has purchased an additional 12,000 BTC using the proceeds from its Convertible Senior Notes. With this acquisition, the software firm now holds a total of 205,000 BTC, valued at approximately $14.7 billion. They acquired, the latest batch of BTC for ~$68,477 per coin, Saylor said in a post on Twitter here https://tinyurl.com/2fdbzne9

    💡 A few days ago BitMEX data here revealed that BlackRock’s IBIT currently possesses close to 198,000 BTC, surpassing the holdings of MicroStrategy. Excluding Grayscale’s GBTC, the newly launched Bitcoin ETFs collectively hold assets valued at $28 billion as institutional demand continues to drive the cryptocurrency upward. Info via Cointelegraph here https://tinyurl.com/mv9hjj8p

    ❗ Bitcoin was a movement towards the separation of Money and the State but looks like the role of the state has been replaced by Billionaires, Multimillionaires & Early Adopters.

    🤘🏻Breaking the Law 🤘🏻Breaking the Law

    Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission, accusing it of arbitrary behaviour in denying the company’s petition for crypto rules. The lawsuit seeks clarification on the SEC’s oversight of the industry and its refusal to provide specific regulations. While not directly linked to Coinbase’s ongoing legal battle with the SEC over alleged unregistered securities trading, both cases highlight the SEC’s reluctance to define crypto securities. Coinbase is urging the court to compel the SEC to start new rulemaking or provide a clear explanation. The SEC’s track record in crypto-related cases has been mixed, with wins and losses in court battles. The outcome of these legal disputes could significantly impact the regulation of the crypto industry. Official filing here https://tinyurl.com/38z46fa4

    🕊️ Paul Grewal has put a series of 7 tweets here https://tinyurl.com/bddraw2t . Check out Blockchain DXB Crypto & Coffee at 8 podcast we use OpenAI chatGPT4 to analyse his tweet

    🟢 MetaMask and Mastercard have partnered to test the first blockchain-powered payment card, issued by Baanx Group Ltd. This card allows users to spend cryptocurrency for everyday purchases and is usable wherever traditional cards are accepted. According to marketing materials reviewed by CoinDesk, MetaMask claims it to be the first entirely on-chain card, representing a milestone in crypto adoption. MetaMask is the biggest self-custody wallet with more than 30 million monthly active users, while Mastercard provides key plumbing in the conventional financial system through its credit- and debit-card network spanning the globe. CoinDesk here https://tinyurl.com/mrx4kx7k

    🟠 Two UAE news (See slides for more info)

    ⚡ Dubai Police HQ Adopts Cardano Blockchain

    ⚡ UAE’s AI office signs agreement with UNDP

    For slides click here https://tinyurl.com/35x4yrv9

    LinkedIn Profile: https://tinyurl.com/bdeevbru

    To support our channel click the link below

    ⚡ The Race Space Podcast

    🎙️ Instagram: @theracespoacepodcast

    Podcast Host: @am_aminoo_

    Podcast Host: @george_crewe

    Podcast Host: @black_incarnation

    🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman Listen here https://tinyurl.com/y26cu3td

    ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

    ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

    ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28

    47 min
  • Blockchain DXB: Crypto & Coffee at 8 ☕🚨 Dubai: 11th March 🚨🟢 Ethereum Hardfork for quantum attack🚨Coinbase + SEC discuss SPOT Ether ETF ❌ Binance ceases Nigerian naira 💡MIT + Harvard accelerator

    11th March- Crypto & Coffee at 8
    🟢 Ethereum Hardfork for quantum attack 🚨Grayscale, Coinbase + SEC discuss SPOT Ether ETF ❌ Binance to cease all Nigerian naira 💡 Massachusetts Institute of Technology + Harvard University Accelerator

    🟢 Vitalik Buterin has published a post on “How to hard-fork to save most users’ funds in a quantum emergency”. He discusses what would happen if a “quantum emergency” happened as early as tomorrow. His post on Ethereum Research is here https://lnkd.in/dcTSS3By The blockchain would have to hard fork and users would have to download new wallet software, but few users would lose their funds. While the solution seems simple, check out Blockchain DXB Crypto & Coffee on the podcast, we explain it in detail and share our opinion on the potential crucial problems or errors that need consideration.

    🚨 Grayscale and Coinbase recently met with U.S. Securities and Exchange Commission officials to discuss a rule change for the launch of spot Ether exchange-traded funds (ETFs). Five Key Points from the meeting are via the SEC official website here https://lnkd.in/dVBQq-89

    - The Shares are properly categorized as commodity-based trust shares 
    - The Commission’s rationale in deciding to approve spot Bitcoin ETPs applies with equal or greater force for ETH 
    - Ethereum has mechanisms that significantly limit ETH’s susceptibility to fraud and manipulation 
    - Spot markets for ETH are highly indicative of a market resilient to fraud and manipulation 
    - As with Bitcoin, the Exchange’s comprehensive surveillance-sharing agreement with the CME will assist in surveilling for fraud and manipulation

    ❌ Binance discontinues NGN services in Nigeria due to regulatory issues, with NGN withdrawals ending after March 8 and balances converted to USDT. Regulatory scrutiny, including suspicions of illicit transactions, prompts action, with passports of Binance executives confiscated. Calls for bans on crypto platforms escalate despite Nigeria’s previous crypto growth, with the central bank already banning financial institutions from servicing exchanges two years ago. Official info here https://lnkd.in/dTP2Tqm8

    💡 MIT and Harvard have launched the MIT x Harvard Blockchain Accelerator to support early-stage web3 founders associated with the institutions. The accelerator is a non-dilutive program focused on mentorship and does not make investments or offer grants. Founding mentors include individuals from NFT marketplace Blur, Ethereum Layer 2 Blast, Monad Labs, Manta, and Injective Labs, as well as members from crypto firms like a16z crypto, Avalanche, Dragonfly, Galaxy Digital, Nascent, and Polygon. MIT x Harvard accelerator’s first cohort. Info via The Block here https://lnkd.in/d2qzKwrX

    🟠 Two UAE news- (See slides)
    ⚡ UAE’s RAK DAO and Tencent Cloud ink deal to boost crypto startups. 
    ⚡ SDAIA | سدايا empowers over 1,900 women with Data and AI certifications

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

    LinkedIn Profile: https://tinyurl.com/bdeevbru

    To support our channel click the link below

    ⚡ The Race Space Podcast

    🎙️ Instagram: @theracespoacepodcast

    Podcast Host: @am_aminoo_

    Podcast Host: @george_crewe

    Podcast Host: @black_incarnation

    🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman Listen here https://tinyurl.com/y26cu3td

    ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

    ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

    ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28


    49 min
  • 🔴 Markose Chenthitta🔴: ⚡Decoding Web 3 ⚡ Challenging the Narrative, Separating Hype from Reality

    Guest:  Markose Chenthitta

    Host: RA George 

    Date: 06th March & Time: 10:30 am GST

    1st Podccast session with Blockchain DXB May 2023- Link here https://tinyurl.com/mwwy3yz7 

    Contact information 

    • LinkedIn: https://tinyurl.com/3fz5a3sh

    • Website: https://markosechenthitta.com/

    • Twitter: @markose_ 

    • Crypto with Coffee

      • https://coffeewithcrypto.xyz/ , email [email protected]

      • LinkedIn: https://tinyurl.com/yckts7ba

      • Telegram group: Coffee with Crypto

      • Society X

        • Linkedin https://tinyurl.com/3x9vdtf
        • Website https://www.societyx.club/
        • Telegram https://t.me/society0x
        • Summary of the Conversation

          • Markose discussed the impact of AI Narratives & Tokenization in the crypto market since the last episode in May 2023, emphasizing their significance.
          • We discussed Markose's insights on data ownership within Web3, highlighting its implications for individual control over personal data.
          • Markose provided insights into the historical overview of Web3 and its evolution, highlighting differences within the Web3 space for better understanding.
          • We explored privacy-focused projects that align with the ethos of Open Blockchain, indicating ongoing efforts to prioritize user privacy and data security, as Markose shared.
          • Markose emphasized the significance of data accessibility in Web3, contrasting it with the centralized control of data by entities such as debit and credit card providers.
          • We delved into the challenges and risks associated with Central Bank Digital Currencies, including discussions on inflation and the potential benefits of stable coins for individuals, as Markose mentioned.
          • Markose considered stable coins as part of the Web3 landscape and the evolving concept of Web3.5, reflecting on their role in providing stability within decentralized ecosystems.
          • We explored AI-driven stable coins and their implications for the future of finance within the Web3 framework, as Markose shared his thoughts.
          • Markose expressed excitement about upcoming projects that integrate seamlessly with Web3 principles, signaling potential advancements in decentralized technologies, as we discussed.
          • We discussed privacy concerns and solutions, including the use of Zero Knowledge Proof to protect personal information in an increasingly digitized world, as Markose mentioned.
          • Markose delved into the current adoption of DApps and the transformative potential of the gaming industry within the Web3 space.
          • We considered challenges associated with Web3 tools like Uniswap and Metamask, highlighting areas for improvement in user experience and functionality, as Markose pointed out.
          • Markose explored communication challenges faced by CEOs, CTOs, and tech founders in the Web3 space, considering cultural contexts and the importance of direct communication.
          • We discussed potential applications of finance, trading, and supply chain management within the Web3 ecosystem, anticipating their integration in the near future, as Markose shared.
          • Markose discussed the evolving concept of the Metaverse and its relationship with Central Bank Digital Currencies, considering implications for user experience and privacy.
          • We reflected on the role of stable coins in a Web3 environment, particularly in light of CBDC adoption, emphasizing the importance of maintaining privacy, as Markose mentioned.
          • Markose examined the impact of financial giants like Blackrock on the Web3 space, discussing their entry into decentralized finance and its implications.
          • We considered the concept of separating money and state, reflecting on the role of tech giants in shaping financial landscapes and governance structures, as Markose discussed.
          • Markose provided insights on maintaining human connection in an increasingly digital world, offering tips for fostering meaningful interactions in virtual environments.
          • We discussed involvement in various projects and ventures, including Sociery X, reflecting on ongoing efforts to innovate within the Web3 ecosystem, as Markose mentioned.
          • Thank you for the podcast


            1 hr 4 min
          • Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 07th March 🚨 ORCA vol > UNISWAP 🟠El Salvador BTC at $50M Profit 🔶 Bitcoin Ordinals flip Ethereum 🟢 Bitcoin ETFs for retirement

            07th March- Crypto & Coffee at 8
            🚨 ORCA vol > UNISWAP 🟠El Salvador BTC at $50M Profit 🧡Bitcoin ETFs to Retirement Portfolios 🔶 Bitcoin Ordinals flip Ethereum 🟢 Ethereum and Solana Staking ETP

            - Check out Blockchain DXBs Crypto & Coffee at 8 for commentary on macro level news and see slides 1 & 2 below for a global snapshot of the crypto market such as #stablecoins #Defi #trading vol.

            - El Salvador
            🧡 Since becoming legal tender in El Salvador in 2022, Bitcoin’s value has surged, transforming the country’s holdings. President Nayib Bukele’s initiative to buy 1 BTC daily has resulted in the accumulation of around 2,380 BTC, valued at approximately $158.5 million. With Bitcoin reaching a new all-time high on March 5, the value of El Salvador’s holdings soared to $164.7 million, exceeding its initial investment by 53%. The average purchase price per BTC was $44,300.

            ❗ El Salvador remains a lone wolf among nation-states by adopting a “Bitcoin standard.” info Cointelegraph here https://lnkd.in/eFScui5y

            🟠 The Arizona State Senate is reviewing a proposal to promote the inclusion of Bitcoin exchange-traded funds (ETFs) in two state retirement portfolios. After passing the Senate’s Third Reading with a 16–13 vote on Feb. 22, the resolution is under House review. If approved, the proposal would encourage the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore incorporating Bitcoin ETF exposure in their investment portfolios.
            The Bitcoin retirement resolutions were first introduced and read by tSenate on Jan. 30, 2024. Official info here https://lnkd.in/ev4w_gYm

            💡 Bitcoin Ordinals-based NFT collections surpassed Ethereum NFTs in weekly sales after a spike in volume led by the collection called NodeMonkes. The sales of Bitcoin NFTs recorded $169.5 million in volume, representing an increase of 80% week-over-week. Ethereum, the top blockchain in all-time NFT sales, had $162 million in the same week.
            - Uncategorized Ordinals — NFTs that are not part of any collections — had the most sales, with $43 million in volume across 47,000 transactions. The NodeMonkes collection followed in second place, with $41 million in sales volume. info via Cointelegraph here https://lnkd.in/e42Wns8V

            🟢 Figment Europe and Apex Group Ltd will launch Ethereum and Solana staking exchange-traded products (ETPs) on the SIX Swiss Exchange. The ETPs aim to provide institutions with convenient access to staking rewards through traditional brokers or banks. The ETPs are designed to offer institutions convenient access to staking rewards through traditional brokers or banks. Info via The Block https://lnkd.in/eU2XFWus

            🟠 Two UAE news (See slides)
            ⚡ Emirati businesswoman set to transform real estate investment in the UAE Sarah Sajwani PropShop Real Estate
            ⚡ Ministry of Tourism of Saudi Arabia vision for excellence and sustainable growth with UiPath AI and automation

            For slides click here: https://tinyurl.com/j9k4xzkt

            LinkedIn Profile: https://tinyurl.com/bdeevbru


            To support our channel click the link below

            ⚡ The Race Space Podcast

            🎙️ Instagram: @theracespoacepodcast

            Podcast Host: @am_aminoo_

            Podcast Host: @george_crewe

            Podcast Host: @black_incarnation

            🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman Listen here https://tinyurl.com/y26cu3td

            ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

            ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

            ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28


            41 min
          • Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 06th March 🚨 🔴BRICS nations Blockchain payment system 🚨SEC vs Binance USA, ShapeShift Settles SEC Charges 💡Coachella to release NFT

            06th March- Crypto & Coffee at 8
            🔴BRICS nations Blockchain payment system 🚨SEC vs Binance USA, ShapeShift Settles SEC Charges 💡Coachella to release NFT 

            🔴 Kremlin announces creation of blockchain-based payment system in BRICS
            - The BRICS nations, comprising Brazil, Russia, India, China, and South Africa, are collaborating on a blockchain-based payment system to reduce reliance on the US dollar. The system, as per Kremlin aide Yury Ushakov, aims to facilitate cost-effective and politically neutral payments for governments and individuals. By promoting settlements in national currencies and enhancing correspondent banking networks, the initiative seeks to bolster the role of BRICS countries in the global financial system and reduce dependence on the dollar for international transactions. Info via TASS here https://lnkd.in/dJEaszhC

            - Details of the payment system, such as whether BRICS will develop its blockchain or use an existing platform, were not disclosed by the Kremlin.

            - U.S. Securities and Exchange Commission 🆚 Binance.US
            Binance.US, is facing scrutiny from the U.S. Securities and Exchange Commission (SEC) over its handling of customer assets and other critical aspects of an ongoing investigation. The SEC claims that Binance.US, operated by BAM Trading Services, has failed to provide adequate responses to requests for information regarding customer asset custody. In a joint status report filed on March 5, the SEC requested court intervention to expedite the discovery process. Info United States District Court for the Southern District of California here https://lnkd.in/dA5JZsv7

            - Central to the SEC’s investigation is whether employees of the non-U.S. arm of Binance maintained access to Binance.US customer assets. The SEC claimed Binance.US has failed to prove that it didn’t have access to private keys or other forms of access to customer assets.

            🔵 ShapeShift 🆚 SEC Settlement
            ❗ In a filing on Tuesday, the SEC indicated acceptance of a settlement offer from ShapeShift, including a $275,000 fine and an agreement to comply with the Securities Exchange Act moving forward. ShapeShift had offered approximately 79 crypto assets to customers, including those considered investment contracts, though specific digital assets were not named in the filing. Filings here https://lnkd.in/dpk__yyA

            🚨Coachella and OpenSea launch NFTs with music festival utility and keepsakes. The NFTs can be turned into real-life VIP experiences, exclusive merchandise and digital collectables. They will have three unique NFT collections serving as all-access passes to some of the festival’s most exclusive on-site experiences and merchandise.

            🟠 Two UAE news (See slides)
            ⚡ Nexo Secures Initial Approval to Offer Digital Asset Services in Dubai
            ⚡ Saudi Arabia attracts $10 billion to build data centres

            For slides click here: https://tinyurl.com/uv9p49du

            LinkedIn Profile: https://tinyurl.com/bdeevbru

            To support our channel click the link below

            ⚡ The Race Space Podcast

            🎙️ Instagram: @theracespoacepodcast

            Podcast Host: @am_aminoo_

            Podcast Host: @george_crewe

            Podcast Host: @black_incarnation

            🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman Listen here https://tinyurl.com/y26cu3td

            ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

            ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

            ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28

            43 min
          • Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 05th March 🚨 🚀Bitcoin 🚀Shiba Inu ECash🚀, Ethereum ETF update❗ The US Gov controls 1% of BTC 🚨 Taiwan’s new digital currency law⚡ Coinbase Glitch

            05th March : Crypto & Coffee at 8
            🚀Bitcoin 🚀Shiba Inu ECash🚀, Ethereum ETF update❗ US Government controls 1% of BTC 🚨 Taiwan’s new digital currency law⚡ Coinbase Glitche❗

            🔴 The US government persists in seizing Bitcoin, now controlling close to 1% of the circulating supply. Substantial seizures from Bitfinex hackers contribute to the government’s growing stockpile. Edward Snowden anticipates significant government involvement in the Bitcoin market. Through a series of seizures and asset forfeitures, the federal government has amassed enough Bitcoin to rank among the largest whales in the market. Info via Bitcoin Magazine here https://lnkd.in/dTqHHz2K Check out Blockchain DXB’s Crypto & Coffee at 8 we share our commentary on this

            🟢 ETF update
            🟩 The Security Exchange Commission has postponed its verdict on numerous spot Ethereum ETF applications, including those from Fidelity Investments, Invesco US, and Galaxy Digital. Bloomberg’s ETF analyst, James Seyffart, CFA, CAIA, foresees ongoing delays until May 23, marking the ultimate deadline for VanEck and Cathie Wood’s ARK Investment Management LLC to submit their applications. Both applications were lodged on September 6, 2023. We strongly recommend following James Seyffart, CFA, CAIA via Twitter here https://lnkd.in/dR5xNfB7 for the latest update The only date that matters now is May 23rd 2024

            🔵 Taiwan
            - According to a March 4 report by UDN, the Financial Supervisory Commission (FSC) of Taiwan has disclosed its intention to introduce a new draft of digital asset regulations by September 2024. Huang Tien-mu, the FSC chairman, stated that the forthcoming draft bill will focus on establishing more robust regulations for digital asset markets and ensuring investor safety.

            🔵 He also cautioned investors of the potential fraud risks associated with digital currencies and warned that strict administrative penalties will be imposed on merchants trying to defraud investors More info here https://lnkd.in/dZDKhCVJ

            🔴 Coinbase Glitch
            ❗ Coinbase experienced another glitch during volatile Bitcoin price action, sparking criticism from the crypto community. This follows a similar incident less than a week ago where users saw $0 balances. Despite assurances that funds were safe and trading unaffected, concerns arose as some users again reported zero balances. Developers swiftly worked on a fix, but criticism on Twitter highlighted frustration with Coinbase’s recurring technical issues.

            🟠 Two UAE news (See slides)
            ⚡ Tsangs Group Forges Strategic Partnership with Peregrine Ltd in Abu Dhabi’s Financial Hub
            ⚡ King Saud University pioneers in metaverse technology

            For slides click here: https://tinyurl.com/2s2ez5n8

            LinkedIn Profile: https://tinyurl.com/bdeevbru

            To support our channel click the link below

            ⚡ The Race Space Podcast

            🎙️ Instagram: @theracespoacepodcast

            Podcast Host: @am_aminoo_

            Podcast Host: @george_crewe

            Podcast Host: @black_incarnation

            🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman Listen here https://tinyurl.com/y26cu3td

            ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

            ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

            ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28

            39 min
          • Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 04th March 🚨 FDUSD vol > USDC 🟠 BTC daily withdrawal = $2B ❌ UK Law to Seize Crypto 🔵Indonesia wants better taxation 🟢 Nigeria Detains Binance Exec

            04th March : Crypto & Coffee at 8
            🚨 Binance FDUSD vol > Circle USDC 🟠 Bitcoin daily withdrawals = $2B, ❌ UK Law to Seize Crypto Assets 🔵Indonesia wants better taxation 🟢 Nigeria Detains Binance Executives

            Stablecoin volume is $82.66B out of $95.51 via CoinMarketCap See slides 1 & 2 BinanceFDUSD volume has overtaken Circle USDC 24-hour volume. Check out Blockchain DXB’s Crypto & Coffee at 8 podcasts for more info on this

            🔴 James Van Straten, research and data analyst at crypto insights firm CryptoSlate, flagged multibillion-dollar BTC withdrawals via his post on Twitter here https://lnkd.in/dn4YFvWi Just over $2.3B worth of #Bitcoin left exchanges. One of the biggest withdrawals in over 5 years.

            ❗ Bitcoin leaving exchanges = HODL = More Demand = Higher Price

            🔴 Starting April 26, 2024, UK law enforcement will gain more power to seize crypto assets linked to crime, including terrorism. This follows approval of secondary legislation under the Economic Crime and Corporate Transparency Act 2023. The provisions enable authorities to freeze and confiscate such assets, including through civil recovery and crypto asset confiscation orders.
            - More info via CoinDesk here https://lnkd.in/dbmAA27B

            💡 But how will law enforcement freeze and confiscate crypto assets associated with criminal behaviour? 
            💡 $20 Baton test and one may easily spil the private keys?

            🔴 An official from Indonesia’s crypto regulator, Bappebti, has urged the Finance Minister to reconsider tax rates for digital assets. Currently, cryptocurrencies are treated as commodities and are subject to value-added tax (VAT) and income tax. However, with crypto oversight transferring to the broader financial services regulator OJK in 2025, there’s a call for tax review. Tirta Karma Senjaya from Bappebti highlighted the need for this review, noting that tax regulations typically undergo annual checks, emphasizing the evolving nature of the crypto landscape. More info via Bisnis Indonesia Group here https://lnkd.in/dmYJb64w

            🔴 Nigerian authorities are intensifying their investigation into Binance, demanding access to customer data and probing whether the crypto exchange is involved in terrorism financing and money laundering. The detention of two Binance executives marks a serious escalation in the dispute between the Nigerian government and the exchange, leading to the blocking of Binance’s website in Nigeria and prompting some users to turn to alternative platforms for trading Info via DLNews here https://lnkd.in/d9Au2k4R

            🔴 The Binance website is no longer accessible to Nigerians and some users have reported moving their trading activity to alternative platforms like KuCoin and Bybit.

            🟠Two UAE news
            ⚡ IOTA’s UAE-based Ecosystem Foundation has committed $10 million to startups in the UAE and Africa.
            ⚡ Abu Dhabi sovereign fund to invest space tech, AI this year

            For slides click here https://tinyurl.com/4ad2pc39

            LinkedIn Profile: https://tinyurl.com/bdeevbru

            To support our channel click link below

            ⚡ The Race Space Podcast

            🎙️ Instagram: @theracespoacepodcast

            Podcast Host: @am_aminoo_

            Podcast Host: @george_crewe

            Podcast Host: @black_incarnation

            🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman Listen here https://tinyurl.com/y26cu3td

            ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

            ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

            ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28

            40 min
          • 🔴Redefining Limits🔴: Rajeev Kumar's Journey through OCR, Hybrid Fitness, and Beyond ⚡

            Episode Name: Redefining Limits: Rajeev Kumar's Journey through OCR, Hybrid Fitness, and Beyond

            Host: RA George (Blockchain Podcast)

            Guest: Rajeev Kumar

            Date: 27th Feb & Time: 19:00 GST

            Instagram @raje3vkumar https://tinyurl.com/4c5w8934

            Summary of the conversation

            • Rajeev began by providing insights into his fitness journey, highlighting his background in Boxing and MMA.
            • He recounted his transition into Obstacle Course Racing (OCR) and how he was introduced to the sport.
            • Volunteering experiences led him to join OCR Nation, a significant community in the OCR realm.
            • We explored Dubai and UAE's proactive role in hosting world championship OCR events.
            • Rajeev delineated his training regimen for OCR events, contrasting it with preparations for Hyrox events.
            • He detailed his pre-race routines spanning months, weeks, and the event day itself.
            • Emphasizing his focus on a forthcoming Hyrox event in Qatar, he elucidated the unique nature of Hybrid events.
            • Mobility training's importance in enhancing performance was underscored by Rajeev.
            • Acknowledgments were extended to OCR Empire and Xtreme Endurance team for their pivotal role in his journey.
            • Rajeev shared a compelling narrative of resilience during a Kayaking event, drawing parallels to his OCR endeavors.
            • His experiences in OCR have translated positively into his personal life.
            • We delved into the training ethos of world champions affiliated with OCR Empire.
            • Rajeev's shift from relying solely on strength to employing technique in OCR was discussed.
            • Being part of OCR Empire has significantly contributed to Rajeev's athletic development.
            • He recounted challenging moments during AOGE events in Liwa, Abu Dhabi, stressing the importance of teamwork and mental fortitude.
            • We explored the perseverance displayed by Rajeev amidst adversity, contrasting it with international athletes who withdrew from events.
            • Rajeev shared a hallucination experience during a grueling 60-hour event.
            • Athletes completing AGOGE events followed by Spartan World Championships were analyzed.
            • The variety of OCR events Rajeev has participated in was discussed, along with his preferences.
            • Distinctions between World Championship and regular OCR events were highlighted.
            • Rajeev proposed potential locations for future Spartan Race World Championship events.
            • His younger fitness companion's journey and inspirational impact within her peer group were explored.
            • Rajeev advocated for introducing fitness to children early on, citing its benefits for mental and physical well-being.
            • We delved into the nuances of training for Hybrid events compared to OCR.
            • Rajeev shared his experiences in Hyrox events in Dubai, contrasting solo and double event formats.
            • Plans for future events, including one in Qatar, were outlined.
            • The unique Highlander hiking event was discussed, with Rajeev reflecting on memorable moments and offering constructive feedback.
            • His passion for music was highlighted as a source of motivation and focus.
            • Rajeev's adept handling of surprise questions underscored the role of personal experiences in building mental resilience.
            • Thank you for the podcast. For feedback and suggestions, send us an email to [email protected]

              1 hr 18 min

            About Blockchain DXB

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

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