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cover of episode Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 06th March 🚨 📛 2023: Worst start for Binance, 👀Silvergate Bank discontinues its cryptocurrency payments ❌ Lido receives SEC notice, Legit or Fake News?

Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 06th March 🚨 📛 2023: Worst start for Binance, 👀Silvergate Bank discontinues its cryptocurrency payments ❌ Lido receives SEC notice, Legit or Fake News?

2023/3/6
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Blockchain DXB

Shownotes Transcript

06th March: Crypto & Coffee at 8 🎙️ 📛 2023: Worst start for Binance, 👀Silvergate Bank discontinues its cryptocurrency payments ❌ Lido receives SEC notice, Legit or Fake News?

❌Binance in 2023 🚨 Binance US is operating an ‘Unregistered Securities Exchange,’ an official from Security Exchange Commission has said during a Voyager Digital bankruptcy hearing. The staff believes the sale of VGX tokens by Voyager Digital violated federal securities laws. More info via CoinDesk here https://lnkd.in/dURNkwFp

😱 An accusation of Binance stealing AI-powered NFTs idea. Chatcasso, BNB Chain hackathon winner, accuses Binance of stealing AI-powered NFTs ideas. He responded to a tweet message from Changpeng Zhao for blatantly stealing his project. More info via Twitter here https://lnkd.in/d_zM_WM9

📊 BUSD market cap at $8.6B down by over 45% in the last month. The market cap for Binance Stablecoin BUSD has Plummeted by more than 45% since Paxos Trust, the stablecoin’s operator, said that it would stop minting the Binance-branded stablecoin BUSD. The move followed more news that the SEC intended to sue Paxos for violating investor protection laws.

🎙️ Check the Blockchain DXB podcast where we explore this area in detail & also discuss what is going on in DeFI. Link for the podcast here ⚡ Anchor: https://bit.ly/3Po8eio ⚡ Spotify: https://spoti.fi/3y3Fapq ⚡ Google: https://bit.ly/3ysvrL0 ⚡ Podbean: https://bit.ly/3TqrsX1

🥶 The DeFi crypto market cap is only at $51.80B, what does DeFi have to do to get mainstream adoption? See slides 1 & 2 for a detailed breakdown

🔻 Silvergate Bank has discontinued its cryptocurrency payments network. The decision to shut down Silvergate Exchange Network followed the withdrawal of banking relationships by several major cryptocurrency firms, including Coinbase, Gemini, Paxos, and Circle.

🔻Bitcoin.com article states that the bank claimed that as of Sept. 20, 2022, FTX represented less than 10% of its $11.9 billion total deposits from all digital asset customers. The bank is reportedly being investigated by the U.S. Department of Justice (DOJ) over accounts tied to the disgraced FTX co-founder & legend Sam Bankman-Fried (SBF). https://lnkd.in/dm7aArvX

❓ What does this mean for the crypto industry?

🚨 LIDO: Rumour OR Legit? 👽 Crypto podcaster David Hoffman of Bankless spread (and then retracted) a rumour that the SEC had delivered a Wells Notice to the decentralized staking service. A spokesperson for Lido declined to comment. This did cause Lido’s LDO Token Sinks 10%. More info via CoinDesk on this here https://lnkd.in/dAgJ2-Sh

🔴 Two UAE news: (See Slides) ⚡ ABO Digital to bring alternative financing structures t UAE’region’s crypto market 👽 chatGPT article on Dubai’s role in Cryptocurrency, Blockchain, Metaverse & Web3.0 OpenAI

For slides click here: https://tinyurl.com/2p8j2vjf

LinkedIn Profile: https://tinyurl.com/569zh78j

To help support his channel: ☕ Buy me Coffee ☕ 🚨 Link here https://www.buymeacoffee.com/info36/w/6987 🚨 Link here https://www.buymeacoffee.com/info36

⚡ 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 to it here https://tinyurl.com/y26cu3td

⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d

🔥 Tough Mudder event on 18th March - Mina Al Arab, RAK Use Discount code: George15. Registration link here https://tinyurl.com/yc2e8j2p

⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795 ⚡ Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6 ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28 #metaverse #btc #dogecointothemoon #metaverse #btc #metaverse #btc #dogecointothemoon