Crypto & Coffee at 8 ☕ 🚨 Dubai: 05th Jan 🚨 🚀Ethereum Classic & LIDO the moon 🚀+ World Economic Forum thoughts on Crypto 🚔 ⚡ Metaverse event by Blockchain DXB on 3rd Feb 23 - a podcast by Blockchain DXB

05th Jan
🚀Ethereum Classic & LIDO the moon 🚀+ World Economic Forum thoughts on Crypto

🚨 Shanghai Upgrade: Ethereum Classic is up by 19.90% & Lido in the last 7 days is up by 45.13% The Motley Fool has suggested that the Shanghai upgrade will allow stakers and validators to withdraw their tokens that have been locked since December 2020, providing more liquidity to a project like Lido DAO. Ethereum blockchain may make regulators view Ethereum as more of a security than it was previously. As a result, traders are speculating that Ethereum Classic may become more attractive. Interesting read here https://lnkd.in/dpkrcHzS


👀 On a side note Data from Dune Analytics show that despite the increasing interest in Ethereum (ETH) staking, only about 20% of all ETH staked is in profit following the crypto winter of 2022. Detailed info here https://lnkd.in/dryxQhVw

💥 WEF: Despite $ 2 trillion being wiped off the Global Crypto market in 2022 WEF Believes in Crypto’s Resilience & published an article that states That countries that enable responsible competition will shape the future. Cryptography and blockchains will continue to be integral parts of the modern economic toolkit, interesting read here https://lnkd.in/dui5g_6R

❗ Genesis Global Capital Update 1/4/23
A. Derar Islim, PhD Interim CEO, Genesis has an update as Cameron Winklevoss pressured the parent Company Digital Currency Group In the update Interim CEO believes it “can arrive at a solution” to its current financial pickle They remain focused on finding a solution for our borrowing and lending intermediation business and reaching the best outcome for all affected clients. Update here https://lnkd.in/dv3nDc8k

🥶 🚔 Coinbase reaches $100 Million settlement with the New York regulator over Compliance Programs Decrypt confirms The crypto exchange will pay a $50 million fine and invest $50 million into bolstering its compliance programs. Official news by New York State Department of Financial Services here https://lnkd.in/dPrTkc8f Coinbase has been licensed by the Department to conduct a virtual currency business and money transmitting business in the State of New York since 2017

🟥 The positive impact? Coinbase Stock Price Jumps 12% Following $100M NYDSF Settlement Decrypt article states Nasdaq Composite-listed COIN was up over 12% after the announcement, trading for $37.34 per share. The settlement means the end of the New York regulator’s probe, which Coinbase first disclosed in 2021. Could it be that investors now have clarity over regulatory matters related to the company? Article here https://lnkd.in/dxhH6G2v

💥Two UAE news: (See slides)
⚡ Metaverse: The Hype, Reality & New World Order by Blockchain DXB 03rd Feb
⚡ PESTLER analysis on Bitcoin on 03rd Feb (Political, Economical, Social, Technological, Legal Environmental, Religious ) session by Blockchain DXB

For slides click here: https://tinyurl.com/49dnz3c6

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