Episode Details

04th Sep: Crypto & Coffee at 8 🎙️
🚨Bitcoin Spot ETF update! 💡France conducts checks on Worldcoin 🟢MakerDAO on Solana❓ Robinhood to buy back SBF’s Stake for Over $605M

🟥The U.S. Securities and Exchange Commission (SEC) has delayed until October making a decision on all of the spot bitcoin exchange-traded fund (ETF) applications filed by applicants including BlackRock, WisdomTree
, Invesco US Galaxy, Wise Origin, VanEck, Bitwise and Valkyrie Digital Assets earlier this year, according to agency filings on Thursday. Info via CoinDesk here https://lnkd.in/dwr2ZAwf

🔻 This has definitely crashed the price of #BTC & #crytocurrency It’s important to note the SEC has a total of 240 days from when it first begins its review of the applications to make a final decision to approve or deny.

🎙️ Check out Blockchain DXB’s Crypto & Coffee at 8 podcast where we share our opinions on it. Also, see slide 1 & 2 for global snapshot on #defi, #stablecoins

🌏Worldcoin
Bitcoin.com has reported that The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer OpenAI. Info https://lnkd.in/dqp7zUVB

❗ Makerdao on Solana?
🟢 MakerDAO cofounder Rune Christensen has proposed building the upcoming native chain for the decentralized finance project off of a fork of Solana’s codebase instead of the Ethereum Virtual Machine. Christensen believes that Solana’s codebase is the most promising option due to its technical quality, proven resilience, and existing examples of successful forks. The new chain, called NewChain, will serve as a backend for MakerDAO’s SubDAO tokenomics and governance security. More info here https://lnkd.in/d-JM2fKZ

🟢 MakerDAO’s native chain, dubbed “NewChain,” is part of the fifth and final phase of the MakerDAO “Endgame” upgrade an