Dubai: Crypto & Coffee at 8: 🚨 27th Oct 🚨 💥 Multiple Central Bank Digital Currencies (MCBDC) pilots & Central Bank of The UAE also part of it 🚀 #Dogecoin to the Moon 🔴 Defi volumes are low
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27th Oct 💥 Multiple Central Bank Digital Currencies (MCBDC) pilots: A real value CBDC transactions across borders 🚨 Global crypto market cap touches $1.00T thanks to Tether.to USDT? but Defi volumes are low 🚀 #Dogecoin to the Moon

❗ Bank for International Settlements — BIS has released a report called as Project mBridge: Connecting economies through CBDC. A joint report by the BIS Innovation Hub Hong Kong Centre, the Hong Kong Monetary Authority (HKMA), the Bank of Thailand, the Digital Currency Institute of the People’s Bank of China and the Central Bank of The UAE Report here https://lnkd.in/d-7-2dJU The 50-page document gives detailed information & shares pilot transactions statistics & also has suggestions for improvement.

👀 The article has crucial information on implementing Zero-knowledge proof & teams are in the process of evaluating zero-knowledge proof methodologies to enforce stronger privacy against arbitrary central bank validators.

❓ Will CBDC pose a threat to Stablecoins & Ripple? ❓ Is Retail CBDC an ideal form of payment in the Metaverse? ❓If CBDC were to make the source code open, built it on Open Blockchain & implement Zero-knowledge proof do we need cryptocurrencies?

💯 We at Blockchain DXB have an event on Central Bank Digital Currency: The Basics, Threats to Freedom & role in the Metaverse- on the 17th of November.

🔻 Meta’s Metaverse Division Reports $3.67 Billion Quarterly Loss The official earnings report here https://lnkd.in/dmE6J_7p states that Meta’s overall third-quarter losses are $600 million more than expected. Official info is here https://lnkd.in/dsnnE2ac & Meta Reports Third Quarter 2022 results here https://lnkd.in/d74wHBWC

🚀 Dogecoin to the Moon! Dogecoin Soars as Elon Musk’s Twitter deal nears completion The billionaire entrepreneur is supposed to close his purchase of the social media platform on Friday. CEO of Tesla, SpaceX & Neuralink $44 Billion deal is supposed to close Friday.

💰 Reddit, Inc. NFT volumes at All time high! CoinDesk has reported that Reddit NFT trading volume hits an all-time high as wallet holders near 3 million. The article states the trading volume of Reddit NFT avatars eclipsed $1.5 million in 24 hours on Oct. 24, according to data from Polygon and Dune Analytics. The daily sales volume of Reddit NFTs also hit a new all-time high of 3,780 digital collectables traded. These avatars are created by independent artists and minted on the Polygon blockchain. Article here https://lnkd.in/d5_p2VMf

💥 Two UAE news: 💡 Bitcoin Beginners Guide Session by Blockchain DXB 3-part series 03rd November — 17th November 💡 Central Bank Digital Currency: The Basics, Threats to Freedom & role in the Metaverse- 17th November

For slides click here: https://tinyurl.com/yd97yrud

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