Dubai: Crypto & Coffee at 8: 🚨04th Aug 🚨😱Solana suffers exploit & 8,000 SOL-based wallets compromised + 😔 August worst month for Robinhood? -reduce its Workforce by 23% & Fined $30 million
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04th Aug 🔻Anatoly Yakovenko “If bitcoin doesn’t move to POS…. wait what? Solana suffers exploit & close to 8,000 SOL-based wallets have been compromised. Solana’s solution is simple: Make a centralized decision to stop producing blocks for those involved in the hack. He has mentioned via Twitter that it could be an iOS supply chain attack & that You should move those assets out of mobile wallets. Preferably Ledger https://bit.ly/3cX8LKh

😱 Anatoly Yakovenko made a controversial statement about Bitcoin back in April 2022 in an interview with CNBC available on YouTube here https://bit.ly/3PbYwzv since then, they have had numerous outages & several centralized decisions to stop producing blocks. As a jab to Solana Bitcoin Maximalist & lately #fakenews provider Bitcoin Magazine has tweeted You can’t hack #Bitcoin, would be interesting to have a conversation about Mt. Gox with Bitcoin Magazine.

🚥 To get the latest & real-time update on the Solana wallet exploit follow SolanaStatus here https://bit.ly/3br7SJA

⚡ Finance Magnates article here https://bit.ly/3Qf98hM has reported that over $6 Million has been drained from Solana’s ‘Hot’ Wallets & as a precautionary measure Bybit has announced it is suspending SOL deposits and withdrawals. Official news via Twitter here https://bit.ly/3OYz6VQ

👀 2022 the year of hacks & Exploits? ZBExchange world’s most secure digital asset exchange faces a hack The funds went missing from the crypto exchange’s hot wallet on Tuesday. A Security firm PeckShield made the announcement via Twitter, posting data showing that $4.8 million in over 20 cryptocurrencies, including #SHIB, #USDT, & #MATIC, had been transferred out of the exchange on Tuesday. Tweet here https://bit.ly/3vDR5tQ ZB exchanges twitter post states “Due to the sudden failure of some core applications …….Deposit and withdrawal services are now suspended.” Tweet here https://bit.ly/3BB9w63

😔 Robinhood Robinhood has decided to reduce its Workforce by 23% Due to the ‘Deterioration of the Macro Environment Approximately 780 employees will be laid off. CEO and Co-Founder, Vlad Tenev mentioned via their blog here https://bit.ly/3PXNQWl The Wall Street Journal has reported that Robinhood crypto unit has to pay $30 million penalty for AML and Consumer Protection Violations & the news was announced by the New York State Department of Financial Services, they allege that Robinhood violated anti-money-laundering and cybersecurity regulations. Article here https://on.wsj.com/3oQoxcz

⚽🤑 €100 Million in FC Barcelona Socios.com will invest $100 Million in FC Barcelona in a Metaverse Push in return for a 24.5% stake. FC Barcelona announced the sale of 24.5% of Barça Studios to the company.Info here https://bit.ly/3zUJids

UAE news: (Check slides)

• Blockchain DXB event on Central Bank Digital Currency: The Basics, Threats to Freedom & role in the Metaverse
• Podcast episode on Dubai world leader in Crypto+ Blockchain + Metaverse (Web3.0)

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Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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