Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 10th Jan 🚨 🔥 #shibainu burn rate of 1,395.89% , Less Supply = Demand. 😡🆚👺The drama between BlockFi, new FTX management & the legend Sam Bankman-Fried
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10th Jan 🔥 #shibainu burn rate of 1,395.89% . Less Supply (managed) = More Demand.

❓ Can Central Bank Digital Currencies also burn the currency to cleverly manage inflation? Blockchain DXB’s episode on CBDC where we explore this area in detail. https://lnkd.in/d3KDjvC4

📊 Shiba Inu Burn Rate Surges Over 1,300% In 24 Hours NEWSBTC has reported that According to data from the SHIB burn tracking site, Shibburn.com, a total of 37,400,646 SHIB have been burned in the last 24 hours, accounting for a surge in burn rate of 1,395.89%.

👜 DailyCoin has also reported that Shiba Inu (SHIB) might soon be featured on top luxury fashion handbags via the new collaboration between Canadian bag and luggage manufacturer The Bugatti Group Inc. The official SHIB Token Twitter profile announced the The Bugatti Group Inc deal over the weekend. Info here https://lnkd.in/dvyv8qjk & confirms there have been a total of 37,400,646 $SHIB tokens burned https://lnkd.in/dhsgmxCp

🏦 Binance Joins the Association of Certified Sanctions Specialists. Meaning all compliance specialists on Binance’s sanctions team as well as the money laundering reporting, compliance operations, and special investigations lead will be required to undergo training with the ACSS. They will be equipped with the latest guidelines issued by the U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) via Bitcoin.com here https://lnkd.in/dEpkS8gt

😡🆚👺The drama between BlockFi, new FTX management & the legend Sam Bankman-Fried The former CEO fights for his right to Robinhood shares & says He Needs Them More Than FTX Customers Who Only Suffer the ‘Possibility of Economic Loss’. He is attempting to gain access to his Robinhood shares, worth over $460 million. He needs them to “pay for his criminal defence,” stressing that without them the consequences would be serious and “irreparable.” FTX customers, on the other hand, “face only the possibility of economic loss,” SBF’s court filing states.

⛏️ Bitcoin mining update: ⚡ TeraWulf said Monday it mined 125 bitcoin in December, bringing its Q4 total production to 378 BTC, up 223% compared with Q3.Shares of the cryptocurrency miner rose 2.9% in morning trade. via Seeking Alpha https://lnkd.in/deDWUrkt

⚡ Hut8 Mining’s bitcoin reserves grow by 65% Y/Y in 2022 It increased its bitcoin (BTC-USD) holdings by 161 in December 2022, bringing its total self-mined holdings in 2022 to 9,086 bitcoin — a 65% increase over the balance at the end of 2021. The average production rate was approximately 5.2 bitcoin per day, with 100% of the bitcoin mined added to the balance sheet. via Seeking Alpha https://lnkd.in/dFCeA3Nt

⚡ Canadian bitcoin miner HIVE Blockchain Technologies LTD earned $3.15 million, or the equivalent of about 184 bitcoin, by curtailing its power use in December whereas it mined 213.8 BTC for the month. via CoinDesk https://lnkd.in/drvYA8hY

Two UAE news: (See slides)

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