Dubai: Crypto & Coffee at 8: 🚨 23rd Nov 🚨 πŸš€ Curve DAO Token to the MπŸŒ•πŸŒ•NBUT What is the drama with Aave? "Metaverse" word of the year in 2022? by Oxford πŸ‘¨πŸΌ‍πŸ’» Core Scientific Bitcoin miner πŸ”»πŸ”»

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23rd Nov πŸš€ Curve DAO Token to the MπŸŒ•πŸŒ•N BUT What is the drama with Aave? Privacy coins to the πŸš€ 🀨 Curve DAO Token (CRV) was on a downtrend since last month the price has decreased by 58% over the past three weeks. An article by BeInCrypto article states there seems to be a coordinated attack against CRV going on right now. The attack is happening on the Aave protocol. Well-known trader Avraham Eisenberg allegedly has an $8 million short bet on CRV. Michael Egorov had $48 million of CRV supplied on Aave, which has a liquidation price of $0.259 CoinDesk article also states The token sank to a two-year low of 40 cents early Tuesday before quickly bouncing back to 53 cents. https://lnkd.in/dG8Re328 πŸ”»πŸ”Ί But as CRV faced Liquidation things are taking a turn and is up by 46% in the last 24 hours. According to data tracked by Glassnode The number of CRV held in centralized exchange wallets has increased by 70% to a record 148.9 million this month ⚠️ Aave has mentioned via Twitter a series of useful information & they have mentioned In the coming days, they believe the Aave community and its contributors will initiate a discussion in response to this incident https://lnkd.in/dEWuuvRm πŸ‘¨πŸΌ‍πŸ’» Core Scientific The Bitcoin miner warned its cash reserves may be depleted by the end of 2022 or sooner as it cuts back on spending, including not making loan repayments. Cointelegraph article states that it has warned of “substantial doubt” they will be able to continue operations over the next 12 months given financial uncertainty. In its quarterly report filed with the U.S. Securities and Exchange Commission (SEC) on Nov. 22, the firm indicated it had accrued a net loss of $434.8 million over the third quarter of 2022. After net losses of $862 million in the second quarter, its total net losses for 2022 are sitting at $1.71 billion. Article here https://lnkd.in/d8JE6ipA & filings with SEC here https://lnkd.in/dPJbUpth ⚽ Saudi Arabia’s 2–1 against Argentina causes Argentina’s fan token to sink by 31% after FIFA World Cup Qatar 2022 loss against CoinGecko data showed that ARG token price was at $7.21 at kick-off, but because of the poor performance by Argentina soccer team saw the token’s price fell 31% to $4.96 by the end of the match. The details can be tracked here https://lnkd.in/dq-A2Esg ⚑ Oxford University Press mentioned via Twitter three options for word of the year in 2022 - Metaverse ( 30.1% vote) - #istandwith ( 15.5% vote) - Goblin Mode (54.5% vote) With 6 days left to vote it would be interesting to see if Metaverse is the word of the year in 2022 πŸ’₯ Two UAE news: ( See slides) ⚑ WooCommerce partners with HAYVN Pay to launch crypto payments ⚑ Dubai Precious Metals conference highlights the importance of global sourcing integrity and the need for investment in technology (Blockchain) DMCC (Dubai Multi Commodities Centre) For slides click here: https://tinyurl.com/3x5epexe LinkedIn Profile: https://tinyurl.com/569zh78j The Podcast links with our commentary here ⚑ Anchor: https://bit.ly/3Po8eio ⚑ Spotify: https://spoti.fi/3y3Fapq ⚑ Google: https://bit.ly/3ysvrL0 ⚑ Anghami: https://bit.ly/3AiLNp5 ⚑ Podbean: https://bit.ly/3TqrsX1 To help support the channel click the links below ⚑Startup Oi Link here: https://bit.ly/3f46zC5 ⚑Global Blockchain Congress Link: https://platform.agoragroup.ae/apply/43 ⚑Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d ⚑Spartan World Championship Link https://sprtn.im/3EutG37 For a 15% Discount Use Promo Code: WCAMB-6191A ⚑Tough Mudder Arabia https://bit.ly/3rKGoDe Use Promo Code: George25 for a 25% discount Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795 Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6 #blockchain #blockchaindxb #dogecointothemoon

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