Dubai: Crypto & Coffee at 8: 🚨 24th Oct 🚨 🥶 Winter is coming ❗ Sam Bankman-Fried, CEO of FTX all in for Censoring Defi transactions❗ Is Bitcoin & Crypto Apolitical? 🔴 Pillars of Open Blockchain
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24th Oct 🥶 Winter is coming ❗ Horrid global crypto market volume continues over the weekend 🔻#Defi — $2.45B 🔻#stablecoins — $37.74

🚨 See slides 1 & 2 & Checkout out the Blockchain DXB podcast to get commentary on the price & two pieces of news from UAE & AMA. Podcast links below

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• Google: https://bit.ly/3ysvrL0
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❓ Is Bitcoin/ Cryptocurrency Apolitical? Right Wing 🆚 Left Wing who supports Bitcoin, Freedom of Speech, Opensource & Innovation?

🚫 Multibillionaire & Extreme Left-leaning Sam Bankman-Fried, CEO of FTX has come under fire by the crypto community for comments that could imply that he is in favour of censoring DeFi protocols. Decrypt article states that Sam Bankman-Fried Pitches ‘Sanctions, Allowlists and Blacklists’ in Crypto https://bit.ly/3TKYLnE He also shared his thoughts on thoughts on crypto regulation via Twitter A document that contains a draft of a set of standards that we as an industry could enact to create clarity and protect customers while waiting for full federal regulatory regimes. Info here https://bit.ly/3DpcF9L

😶 The Atlantic article states He spent millions in support of Joe Biden’s presidential campaign and was one of the biggest Democratic donors in the country in the lead-up to this year’s midterm elections. The article states. The billionaire Sam Bankman-Fried isn’t putting his money where his mouth is. Article here https://bit.ly/3SpwkKR CNBC article also states FTX’s Sam Bankman-Fried backs down from ‘dumb quote’ about giving $1 billion to political races https://cnb.cx/3gAxC8t

❌ While he is focusing on censoring transactions, it’s important to remember the Centralized blockchain protocol #Solana has often stopped producing blocks on several occasions. CoinDesk has an excellent article explaining crypto means absolutely nothing without censorship resistance.

🔴 See the slides below where we discuss the pillars of open blockchain popularized by Andreas M. Antonopoulos.

👀 Web3.0: Hype vs Reality NASSCOM published a report that states India has emerged as a leading global player in the Web3 market. According to the report, Web3 investments in the country grew 37 times from the start of 2020 to Q1 2022 and $1.1 trillion in Web3 economic value is projected to be added to India’s GDP by 2032. Info here https://bit.ly/3MWbT7k

💯🤨 Tether.to announced via its blog post that Tether USDT will be available in over 24,000 ATMs across Brazil on 3 November. They are doing that in partnership with SmartPay. Smartpay’s integration of USD₮ into its product will provide millions of people with the opportunity and access to the digital currency ecosystem and new financial revolution. Blog here https://lnkd.in/dhGDa-QY

💥 Two UAE news: (See slides) 💡 Arabblockchainweek: Event info 11th — 18th Nov 💡 Pillars of Open Blockchain explained by Blockchain DXB

For slides click here:https://tinyurl.com/3knwz52z

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