Dubai: Crypto & Coffee at 8: 🚨08th Aug🚨 Inflation Reduction Act & how will it effect cryptocurrency? 💥Security Exchange Commission 🆚 All U.S. Crypto Exchanges + - $75 Million Digital Asset fund
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08th Aug 🚨Bidenflation: “Money printers go BRRR” 🆚Inflation Reduction Act

🖨️ The U.S. Senate Passes Democrats’ $740 Billion Climate, Health and Tax Bill. Info here https://bit.ly/3A3FaYG via Alabama News Network How does this impact the price of Cryptocurrency?

💥Security Exchange Commission 🆚 All U.S. Crypto Exchanges (Legit or Fake news) Forbes article states that every U.S. Crypto Exchange & Binance is being Investigated By The SEC. An unnamed employee from Lummis’ office has claimed this Is this news Legit or Fake news to create panic & get more clicks? As there are no legitimate sources in the article. Article here https://bit.ly/3QnGgnC & the news is just based on chatter. Historically news such as these in the crypto world turns out to be #fake The news is based on Forbes lead crypto journalist Michael del Castillo his Twitter account here https://bit.ly/3bBLfCl

👀 Cryptoweekend + Fake Defi TVL? Check out slide no 2 to get detailed information on the Crypto market over the weekend. The number is not looking right! Is Defi dead or was it not reported correctly in the first place?

❗ As of 08th Aug — Defi TVL is down to $68.66 B CoinDesk has an informative article that mentions How a crypto developer faked the DeFi ecosystem mostly to do with Solana. The article talks about how The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain. Now they’re moving to Aptos. Info here https://bit.ly/3P6zGRe Another important article written here https://bit.ly/3P6Kuij shares more information & on how it could tarnish the reputation of the entire Solana ecosystem. Forkast.News also has an article that talks about how DeFi TVL plunged 67% in Q2 A good read BUT if u check https://defillama.com/ TVL now the ATH shows as $185B instead of $240B. It used to show $242 at the start of the year

⚡Lightning Network NOT Blockchain⚡: The narrative is slowly gaining momentum CoinDesk’s article has mentioned that according to a report by Arcane Research, the Lightning Network, in particular, has developed a diverse ecosystem of over 100 apps across at least 20 categories. Download the report here https://bit.ly/3Q0cvtf Data is only till April 2022. Check out the Blockchain DXB post on why Bitcoin using the Lightning Network may be an ideal form of payment in the Metaverse. Article here https://bit.ly/3p0Ncvf Also

⚡ZEBEDEE, a Bitcoin (BTC)-powered payment processor powered by Lightning Network for the gaming industry, has closed a $35M Series B. Source here https://bit.ly/3OZLkNW

Check our podcast at 8 am GST Anchor: https://bit.ly/3Po8eio Spotify: https://spoti.fi/3y3Fapq iTunes: https://apple.co/3u4Iak7

💥 Two UAE news (Check slides)

• $75 Million Digital Asset fund in Dubai by Nine Blocks Capital Management Henri Arslanian
• Dubai Digital Asset Association under the patronage of H.E. Omar Sultan AlOlama Ralf Glabischnig Crypto Oasis

For slides click here: https://bit.ly/3oZ4B7F

LinkedIn Profile: https://www.linkedin.com/in/r-a-george-19b102104/

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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