Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 24th Jan 🚨 🚨 2023 the year of Defi❓ 😱 Cardano Blockchain experienced an outage! 🚀Dogecoin to the 🚀? Two events by Blockchain DXB in Feb 2023
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24th Jan: Crypto & Coffee ☕ at 8 podcast 🎙️ 🚨 2023 the year of Defi❓ 😱 Cardano Blockchain experienced an outage! Dogecoin to the 🚀?

🔴 Venture Capital Firm Pantera Capital’s 2023 Crypto Forecast says the Future Is DeFi. Three reasons why it could be the future as per Dan Morehead are

• Transaction fees
• Liquidity
• Usability.

🧾 Details in the article here https://lnkd.in/dUpCbRFi via CoinDesk some interesting points by co-Chief Investment Officer Joey Krug in here too.

📩 He has also written Blockchain Letter to their investors worth reading here https://lnkd.in/dy2uut2t & mentioned “Even if you go back 250 years, you can’t find a worse year than 2022.” Paul Veradittakit of Pantera Capital believes that now could be a good time for new entrepreneurs to enter the crypto space. “In our experience, bear markets typically represent a time where there is less noise and distraction from building.”

😱 2022- TVL across Defi took a beating from $402B (ATH) on 03rd Jan last year & down to $47.51 as of 24th Jan (today) The daily volume is ridiculously low but it would be a game changer for the industry if Defi picks pace: See slide 2 below where we Blockchain DXB have been tracking and analysis this daily in our Crypto & Coffee at 8 podcasts.

❓ In the future could we use Fiat Currencies & CBDC for Defi? ❓ What role will Defi play in the Metaverse?

👀 Dogecoin to the moon? via NEWSBTC 150,000,000 $DOGE ($13,263,900 USD) was transferred from a #Top20 wallet to an unknown wallet. with a Fee: of 1.33 ($0.12 USD) Details can be found here https://lnkd.in/dnARNW6k The power of publicly verifiable. More detailed information in the Article here https://lnkd.in/d3p-S4MT

🖐🏻 Cardano: Block 8300569–8300570 A brief period of degradation: ⚡ On Sunday, January 22nd, the Cardano blockchain experienced an anomaly in which approximately 50% of all active relay and block-producing nodes disconnected for a short period before they automatically restarted. Detailed technical information is available of the incident via GitHub here https://lnkd.in/dmDHkmbM

🚥, Unlike Solana Blockchain, The network did not go down, and no “network restart was required.”

📈 Glassnode weekly insights ‘An Opportunity, or a Trap? discusses the increased motivation for holders and miners to take exit liquidity, especially after the prolonged and painful bear of 2022. Detailed info here https://lnkd.in/dv_2tjiP

📈 CoinShares weekly report via Medium discussed key details from US, Europe & Asia here https://lnkd.in/d9j9ugFd

• US$37m inflows last week, although this was predominantly into short investment products (68%)
• Inflows were seen in Europe, most notably Germany and Switzerland with US$14m and US$10m respectively.
• Hong Kong saw outflows
• 95% of the inflows into the US were into short-Bitcoin products.

🎙️ Check out Crypto & Coffee at 8 to get our commentary on this

Two UAE news (See slides for two events by Blockchain DXB) #blockchaindxb

For slides click here: https://tinyurl.com/287s8na4

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

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