Crypto Pulse #17 - Saudi Arabia Appoints Crypto Expert for CBDC Program. Tuesday, 6th Sep 2022 | Powered by GenShards.
06 Sep 2022, 13:25
💸 Crypto Pulse #17 - Saudi Arabia Appoints Crypto Expert for CBDC Program
Tuesday, 6th Sep 2022 | Powered by GenShards
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⛰Macro Landscape
📌 Saudi Arabia’s banking regulator recently appointed crypto expert Mohsen AlZahrani to lead its virtual assets and central bank digital currency program in a sign of the Gulf state’s potential crypto ambitions (source)
📌 US Congressman Brad Sherman said that crypto has too much money and power and can not be banned in the near future (source)
📌 Former MicroStrategy CEO Michael Saylor said that the company is creating software that would easily connect more people and companies to the Bitcoin Lightning Network (source)
📈 Markets and Ecosystem
📌 Bitcoin has stalled around the $20k mark, as altcoins also have been "quiet" over the last few days - both volume and volatility of the market have plunged (source)
📌 After the Merge, ETH will no longer be mineable. What are the other options for miners after this ? (source)
📌 Researcher Kyle McDonald suggests BTC may crash after the ETH merge (source)
🀄️ NFTs and Metaverse
📌 Rug Pull Finder (RPF), an NFT watchdog aiming to look for Web3.0-oriented frauds, has reportedly been at the receiving end of a smart contract exploit of its own (source)
📌 LG Electronics said today it has released its NFT platform "LG Art Lab", which lets users discover, buy, sell and trade NFTs on LG’s smart TVs (source)
📌 FIFA will launch an NFT platform ‘FIFA+ Collect’ for digital collectibles with soccer themes ahead of the much-awaited 2022 World Cup in Qatar, in partnership with Algorand (source)
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