Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 28th Feb 🚨 🥊 Drake Curse: Lost $400,000 in bitcoin 🔻 $700,000 drained from Binance BNB chain. 🚀 NFT trading to the 🚀 Two events by Blockchain DXB
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28th Feb: Crypto & Coffee at 8 🎙️ 🥊 Drake Curse: Lost $400,000 in bitcoin 🔻 $700,000 drained from Binance BNB chain. NFT trading to the 🚀

🥊 Jake Paul vs Tommy Fury took place On Feb. 26, 2023, in Diriyah, Saudi Arabia. Drake took to Instagram and showed off his bet, which was placed on the crypto betting platform Stake The Canadian rapper and singer Drake lost $400,000 in bitcoin after betting that the YouTuber-turned-boxer Jake Paul would beat Tommy Fury by knockout. Bitcoin.com has reported that he had placed a $400,000 bitcoin wager, or roughly 17 BTC, on Paul winning the fight by knockout (KO). Article here https://lnkd.in/dQZT6nFD

😱 Binance BNB Chain-based DeFi protocol LaunchZone claims an exploit led to $700,000 of funds being drained from its liquidity pool, with its native token plunging in value. They are alleging an attacker carried out an exploit. As of 27th Feb, more than 80% of funds in the LaunchZone liquidity pool were drained & value of its native token Launch Zone (LZ) dropped by over 80% as funds were swapped out through Pancake Swap, More info via Cointelegraph here https://lnkd.in/dQ3h6c9t

📊 Glassnode’s weekly insights state Despite the bearish sentiment, and an overhang of regulations, the application layer of Ethereum continues to flourish. The NFT market is experiencing great competition, with the new marketplace Blur taking market share from leader OpenSea, driven by a strategy focused on traders and liquidity. Important to note that The renewed interest in NFTs, however, has not yet attracted new users, or triggered significant new capital inflows into the Ethereum ecosystem. Detailed info here https://lnkd.in/dHMVqmnt

📊 DailyCoin has also reported that The generative art collection by Jack Butcher is trending on Blur and OpenSea & has skyrocketed by 98.72% And Opepen edition NFT floor price skyrocketed by 700% in the last 14 days.

📊 CoinShares weekly blog via Medium states a stronger than expected macro data weighs on crypto sentiment. The blog states Bitcoin saw outflows for the 3rd consecutive week totalling US$12m, while short-bitcoin saw inflows totalling US$10m (mostly from the USA) https://lnkd.in/dABBhqmb

❌ MakerDAO rejects $100M Loan to Cogent Bank, looks like Defi is not merging with Traditional Finance. The MakerDAO community rebuffed state-chartered Cogent Bank’s proposal to borrow $100 million from the decentralized lending platform More info here https://lnkd.in/dY9Kt66i

👁️ CoinDesk article reported that some 73% of the voters rejected the plan. Article here https://lnkd.in/d8RaRjMJ

🚨 Two UAE News (See slides) ⚡ Metaverse: The Hype, Reality & New World Order by Blockchain DXB

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