26th April: Crypto & Coffee at 8💥‘Crypto is dead in America’ 🚨 Ripple) may leave the USA? 🔥 Google) Cloud to help web3 developers 👀 Visa) hiring crypto developers.
🚨 Multibillionaire, early adopter & probably the largest Hodler of Bitcoin Chamath Palihapitiya), CEO of Social Capital) who previously claimed Bitcoin has replaced gold and would eventually get to $200,000, now says “crypto is dead in America.” For more information via ALL IN Podcast) check it out here via YouTube) here https://lnkd.in/dzHJfqhc) his comments are around the 1hr 21:40 mark
⚡ Palihapitiya blamed crypto’s demise largely on regulators, who have gotten much more aggressive in their pursuit of bad actors in the industry. Securities and Exchange Commission Chairman Gary Gensler has said crypto trading platforms should abide by strict U.S. securities laws.
💥 Ripple) may leave the USA.⚡ DailyCoin) reported that In July 2022, Ripple) CEO Brad Garlinghouse) warned that the company would consider moving to another country if it loses the case in the United States, citing the need to build its business in a more regulatory jurisdiction amenable to its operations. The article here mentions of the 66 open positions at Ripple, 46 are currently offered outside the United States, with only six US-based jobs being internships.https://lnkd.in/ddFgwFNe)
❗ It’s not regulations BUT lack of clarity by the U.S. Securities and Exchange Commission) seems to be the problem. ❗
🔥 Google) + Web3.0⚡ AI and Web3 startups can now get additional benefits as part of the Google for Startups Cloud Program. Google) Cloud is looking to help Web3 builders fast-track their projects by expanding its early-stage support program for the community. The “Google for Startups Cloud Program” initiative, which provides support for startups and emerging projects, will now be offered to builders in the Web3 industry to scale their projects faster and more securely, according to a press release on Tuesday. More info here https://lnkd.in/dCFrVgBJ)
🚨 Blockworks) is reporting that Visa) is hiring more crypto developers to drive mainstream adoption. Visa seeks experienced crypto developers to advance the acceptance of public blockchain networks and stablecoin payments. Article here https://lnkd.in/dshqq-3v) The Job listing is here https://lnkd.in/dpZVimG6) What is cool to note is that it states Visa is looking for engineers who are “passionate about the Web3 stack of technologies.”
Check out Blockchain DXB) crypto & coffee at 8 podcasts where we cover this & lot more such as the global crypto market, #defi), #stablecoins) & top performing Dapps.
🚨 Two UAE news: ( See slides) & listen to our podcast to get our commentary and thoughts on this⚡ Venom Foundation) Announces The Release Of Its Public Testnet⚡ Saudi Arabia teams up with South Korea’s WEMADE) to power gaming and blockchain sectors
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