13th Oct Shocktober having a great start with Bitcoin at$55,600 & Total Volume locked in Defi over $200 Billion!
Stats from https://defillama.com/ show that Curve Finance is leading the TVL stats followed by Aave & MakerDAO. 9 out of the top 10 are on Ethereum Blockchain. NEWSBTC has a great breakdown https://bit.ly/3ABIebM While the NFT hype has been circulating since earlier 2021. Defi has been growing at a steady pace. However, earlier in September Charles Hoskinson had mentioned “I think Defi is in a bubble and it’s always what happens NFT and Defi is the latest. Details can be found on YouTube interview with Forkast.News https://bit.ly/3v7yJQl at 18:48 mins. What do you think are Defi & NFT’s in a Bubble? In a similar view, Vitalik Buterin co-founder of Ethereum had a fantastic interview with The Stakeborg talk where they discuss “Technology Philosopher”, Ethereum history, DAO, Defi, NFT &more some important information on how Culture impacts Blockchain & vice versa. https://bit.ly/3v4YYXH and can Bitcoin & Ethereum become strong cultural forces?
In some cryptocurrency ( Not Blockchain) news Ripple has announced a strategic ESG Investment they have partnered with Nelnet Renewable Energy to reduce over 1.5 million tons of US carbon emissions over the next 35 years. A $44 Million Clean Energy Fund! official release https://bit.ly/3n4HV4D
Celsius Network raises $400M mentioned via Twitter “The funding round was led by WestCap Caisse de dépôt et placement du Québec (CDPQ). They plan to continue expanding its offering and products, focusing on institutional-grade products increase its employee count to nearly 1,000 CEO Alex Mashinsky will be in Dubai for Gulf Blockchain Week Another CEO who is in Dubai is Changpeng Zhao , CEO of Binance, Binance has launched a $1 billion to promote the Binance Smart Chain as well as promote a variety of other sectors. He will also be a speaker at the Future Blockchain Summit taking place on the 17th — 20th. Gwendolyn Regina, investment director has stated half of the funds will go to blockchain services, & niche areas of the crypto world such as gaming and virtual reality. She has put a great post via LinkedIn https://bit.ly/3BDo0Qf
NFT’s Reese Witherspoon & Snoop Dogg (Cozomo de’ Medici) share their involvement in NFT via Twitter. Snoop Dogg suggested that Witherspoon connects with Priyanka Desai, head of operations at OpenLaw and a member of the NFT-collecting DAO, Flamingo DAO. Tweet here https://bit.ly/3lCEfrf
Bored Ape Yacht Club creators Yuga Labs have signed veteran music manager Guy Oseary to expand the brand into other entertainment formats. The project has generated more than $900 million in secondary market trading volume across all collections! https://bit.ly/3ABH0NN
UAE news:
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