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cover of episode Dubai- Crypto & Coffee at 8 - 01st Oct

Dubai- Crypto & Coffee at 8 - 01st Oct

2021/10/18
logo of podcast Blockchain DXB

Blockchain DXB

Shownotes Transcript

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