The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
A collapse basically created by its largest competitor who will now probably buy them for peanuts. Master stroke by Changpeng Zhao.
Always felt there was possibly one more final dip before the Bear had finished and this has triggered it. BTC (weathervane) target for me 13-15 USD - What an opportunity coming up!
small development update - development is ongoing to integrate subwallet inro the Pendulum Portal
https://subwallet.app/
The update mentions the first bidirectional HRMP channel between Amplitude and
Bifrost Finance -
Well also looks like they have also now connected with the Imbue Network as well on the rococco testnet.
https://dotsama-channels.vercel.app/#/
https://www.imbue.network/
https://pendulum-chain.medium.com/october-ecosystem-roundup-77731be82d6a
The Fiat - DeFi sector is hotting up in the trad-fi world.
BIS and central banks of France, Singapore and Switzerland to explore cross-border CBDC trading and settlement using DeFi protocols
https://www.bis.org/press/p221102.htm
New York Fed Announces Phase I Results of the New York Innovation Center’s Project Cedar
Experiment Studies Applications of Blockchain Technology in Facilitating Efficient Cross-Border Wholesale Digital Currency Payments
https://www.newyorkfed.org/newsevents/news/financial-services-and-infrastructure/2022/20221104
Blu
Amplitude is entering the final phase of the democracy launch which means the network will be live and the AMPE token will be tradable - estimated timescale end of Nov.
Then Pendulum parachain Auction begins 16th December but wont go live until sone time in Q1 2023 - along with Amber AMM and spacewalk bridge so that will be the big one although from an updated valuation point of view it has been hinted st several times of further VC funding prior the The auction which could/should have a positive effect
For info, 4 days ago Torsten submitted completion of milestone 2 of spacewalk to the Web3 Foundation for approval. Milestone 3 is projected to be 2.5 months although the repository shows it is already 12 % complete. So all on target for the launch along side Pendulum early 2023.
Global adoption continues
The Monetary Authority of Singapore
First Industry Pilot for Digital Asset and Decentralised Finance Goes Live
https://www.mas.gov.sg/news/media-releases/2022/first-industry-pilot-for-digital-asset-and-decentralised-finance-goes-live
More bedtime reading regarding regulation
President’s Working Group on Financial Markets Releases Report and Recommendations on Stablecoins
https://home.treasury.gov/news/press-releases/jy0454
Stepping up the PR before the upcoming Parachain Auction
What is Pendulum
https://pendulum-chain.medium.com/what-is-pendulum-a2b0259ddf47
Article on the subject.
Decentralized Forex Trading: The Next Evolutionary Step
https://www.financemagnates.com/forex/decentralized-forex-trading-the-next-evolutionary-step/
Getting Forex Onchain
https://pendulum-chain.medium.com/getting-forex-onchain-5939f7990d8c
https://menafn.com/1105091619/Ooredoo-Group-Announced-Revenue-Of-QAR-17-Billion-For-9M-2022
Bit of background reading
https://www.ooredoo.com/en/media/news_view/ooredoo-group-and-ck-hutchison-create-indonesias-second-largest-mobile-telecoms-company-by-completing-the-merger-of-their-indonesian-businesses/
https://www.thejakartapost.com/business/2022/10/28/beat-market-expectation-ioh-continue-strong-growth-in-q3-2022.html
Blubutton - agreed
Courtesy of doodlebug over on ADVFN
https://www.einnews.com/pr_news/598697627/pioneer-to-develop-web3-games-for-publishing-partner-dynasty-gaming-media-and-indosat-ooredoo-hutchison-southeast-asia-s-second-largest
Blu - if you remember it was stated in the Sept update that new contracts were going to be substantially larger than previous ones and Tony has described this contract ‘significant’.
I think it will not be until later in the year that we will be able to gain definite valuations as there is clearly a lot in the pipeline that should be monetised before reviewing the IPO but I think you are probably being conservative.
“Dynasty expects similar agreements to be signed and announced during the next two quarters, with several other markets launching Pioneer's P2E tittles within 2023, under Dynasty and Pioneer's recently signed publishing agreement.”