Episode Details

12th Sep: Blockchain DXB Podcast
🚀 CPI - Bidenflation rose 0.2% 👀UK Bill - BTC & NFT are Personal Property 📊Chainalysis - Crypto Adoption Index Indonesian 😱Indodax Exchange hack
📊 The U.S. Bureau of Labor Statistics reported today that the Consumer Price Index for All Urban Consumers (CPI-U) rose by 0.2 per cent in August, matching the increase seen in July on a seasonally adjusted basis.
CPI here https://rb.gy/d5dvz7
❗How does Inflation impact the price of Bitcoin & Crypto market? Check out Blockchain DXB we share our commentary on this and more
🟢 UK Bil
- Bitcoin and other digital assets can be considered personal property under new draft law introduced in Parliament on 11 Sep. This provides owners with greater legal protection against fraud and disputes. Justice Minister Heidi Alexander emphasized the law will keep the UK a global leader in crypto and tech. The bill, based on the Law Commission’s recommendations, introduces a new category of property to cover digital assets, ensuring the UK’s legal system remains up-to-date and competitive. Official info Gov.UK here https://t.ly/CkJXJ
🔴 The 2024 Global Crypto Adoption Index by Chainalysis, highlights trends in global cryptocurrency adoption. Central & Southern Asia and Oceania (CSAO) lead the rankings, with India taking the top spot, followed by Nigeria and Indonesia. The index measures on- and off-chain crypto activities and is divided into four sub-indexes:
- On-chain value received by centralized services (weighted by GDP per capita).
- On-chain retail value received by centralized services (retail transactions under $10,000).
- On-chain value received by DeFi protocols (weighted by GDP per capita).
- On-chain retail DeFi value received (for retail-sized transfers).
Report here https://shorturl.at/VrP3C
👀 CyVers 》Proactive Web3 Security mentioned via Twitter/X that on Sept. 11, Cyvers reported detecting multiple suspicious transactions involving wallets from the Indonesian cryptocurrency exchange INDODAX - Indonesia Digital Asset Exchange. Initially, the suspicious address was found to hold $14.4 million in digital assets, but later, the security firm revised the estimated losses to about $20.58 million. Series of useful tweets here https://t.ly/-qoFA
- Some updates on WazirX too on their posts!
🟠 Two UAE news (See slides)
⚡ Ripple announces New York University Abu Dhabi Abu Dhabi partnership extension cresearch in the UAE
⚡ SDAIA | سدايا signs MoU with IBM for AI Centre of Excellence

For slides click here:  https://t.ly/loFff 

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