Dubai: Crypto & Coffee at 8: 🚨18th July🚨 Listen 🚫 The Great Reset + Celsius Bankruptcy + Interesting new crypto trend over the last 3 weeks?
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18th July 🚫 The Great Reset- the name of the 50th annual meeting of the World Economic Forum Forum in 2020 #thegreatreset currently trending on Twitter

🌏 Professor Klaus Schwab, Founder & Executive Chairman of World Economic Forum two years about said “The pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world” More info here https://bit.ly/3PEiS53

👀 Two years later: Inflation + Deglobalization + War + New World Order.

❗ The first half of 2022 has been the worst here for #BTC & the 2nd half has started off even worse.

🥶 Crypto Winter in Summer 🥵 ➖ Devin Finzer, Co-Founder & CEO of OpenSea mentioned via Twitter that they are letting go of 20% of their team. His tweet here https://bit.ly/3IJYpt0

➖ Celsius has filed for Chapter 11 bankruptcy. Official filing here https://bit.ly/3aNHjhw & has also acknowledged a $1.2B hole in the Balance Sheet. They have hired a new law firm Kirkland & Ellis. Official info via their blog here https://bit.ly/3OjkGz8 . They have also released an informative video explaining the process via YouTube here https://bit.ly/3OdUWUT

❗The very 2nd line of Satoshi Nakamoto’s Bitcoin White paper reads “…..but the main benefits are lost if a trusted third party is still required to prevent double-spending”❗ Extremely important & still relevant over a decade ago. Central Bank Digital Currencies can be easily Double Spent. Blockchain protocols there are not Distributed can also easily double spend.

🎓 An interesting new trend over the last 3 weeks?

• The crypto market seems relatively better over the weekend
• The market dumps on Tuesdays & Wednesdays
• The 24-hour trading volume of Stablecoins has declined drastically
• Stablecoins account for over 90% of 24-hour trading volume
• The 24- hour trading volume of Circle’s USDC has increased on a daily basis since the 2nd quarter of 2022

🗣️ Jeremy Fox-Geen, CFO at Circle has written an excellent blog here https://bit.ly/3Ph5ZOf called ‘Providing Greater Transparency’ & has provided a full breakdown of the USDC reserve assets that you can read here https://bit.ly/3oaK9QK Details of the filing with Security Exchange Commission can be found here https://bit.ly/3AV3zR4.

🙊This is definitely more detailed than Tether.to USDT’s audit?

👏🏻 New York Yankees employees will now be able to convert a portion of their paycheck to bitcoin via the NYDIG platform. Employees do not pay any transaction fees nor any fees for secure bitcoin storage. Official info https://bit.ly/3yKYjNi They are the team’s official Bitcoin Payroll Platform

💥 UAE news: (check slides )

• OKX has acquired a provisional virtual assets license granted by Dubai’s Virtual Assets Regulatory Authority (VARA)
• Dubai jeweller, KISEL Diamonds now accepting crypto payments using IN4X Global Yulia K.

Podcast Anchor: https://bit.ly/3Po8eio Spotify: https://spoti.fi/3y3Fapq iTunes: https://apple.co/3u4Iak7 Google: https://bit.ly/3ysvrL0

For slides click here: https://bit.ly/3cm8u3c

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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