Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 23rd Feb 🚨 📛”Crypto Is Really Dangerous” — Sir Tim Berners-Lee 🚨 👀 Polygon Blockchain explorer 🚨 Energy Giant aramco Signs Agreement With droppGroup (Web3)
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23rd Feb: Crypto & Coffee at 8 🎙️ 📛”Crypto Is Really Dangerous” — Sir Tim Berners-Lee 🚨 Federal Reserve Board’s FOMC minutes cause the crypto market to shrink by 11.06% 👀 Polygon Block explorer

❗ World Wide Web inventor Sir Tim Berners-Lee says cryptocurrency is “really dangerous” & “only speculative.” & likened it to gambling. He shared his thoughts about cryptocurrency on CNBC’s “Beyond the Valley” podcast, which you can watch via YouTube here https://lnkd.in/dWeyGTFE Three decades after inventing the web, Tim Berners-Lee has some ideas on how to fix it.

👁️ The Federal Reserve Board released the FOMC minutes here https://lnkd.in/dYadYzEr . The minutes clearly mention that the unemployment rate had remained low & the Members agreed that inflation had eased somewhat but remained elevated & due to the Geopolitical situation between Russia-Ukraine, the FED is remaining highly attentive to inflation risks.

🟠 CoinDesk reported that Bitcoin dropped to nearly $23,600 following the release of less than encouraging minutes from the FOMC January meeting but rebounded along with other significant cryptos later in the day Article here https://lnkd.in/dPvWishr

🔵 Barron’s states precisely the opposite that Bitcoin Gains After the Release of Fed Minutes, article here https://lnkd.in/dPvWishr

🚨 The next interest rate hike will take place on the 22nd of March. How will this impact the price of Bitcoin & Cryptocurrencies?

❗ All price predictions are 100% right, 50% of the time❗

❌ Polygon : Polygonscan crashed for several hours Wednesday, leading many to falsely believe the Polygon network itself had gone offline. However, Polygon has not experienced any outages in processing blocks, Decrypt confirmed with multiple validators on the network. A few nodes on the network did, though, go out of sync, according to a Polygon spokesperson. More info here https://lnkd.in/diXanQKQ Unlike Centralized Blockchain Solana, Block production never stopped, however, there could have been a degradation in network performance temporarily.

❗ The interruption on PolygonScan created the appearance that no transactions were taking place, sowing confusion and ultimately prompting Polygon’s co-founders, Sandeep Nailwal, to tweet that there were “issues” with the blockchain explorer. He tweeted You can use OKLink explorer in the meanwhile. His tweet here https://lnkd.in/dR4hpGjS

⚖️NFT: A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered unregistered security. Tim Draper has responded with crucial information via Twitter here https://lnkd.in/dMjd7E9h

Two UAE news: (See slides ) ⚡ Annual Middle East CIO Summit in Dubai ( Metaverse & Web3 ) ⚡ Saudi Arabia: Energy Giant aramco Signs Agreement With droppGroup to Build Web3 Tech

For slides click here: https://tinyurl.com/5ekjy66y

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