- Freeze withdrawals - Inform government - Set up an inquiry commission - years of investigation - Customers standing in queue - Branches closed - Competitors getting an advantage
Bybit exchange hacked $1.4 billion.
- CEO came live - Industry united - Competitors lend support - 1 hr and everything back to normal - Industry itself is tracking and freezing - Zero withdrawal pending
This is what they don't like about crypto -> UNITY.
Abu Dhabi's $400 million investment in Bitcoin validates that it falls under HALAL investment.
Bitcoin can potentially attract participants in the halal economy through several aspects that align with Islamic financial principles. However, there are ongoing debates among Islamic scholars regarding its compliance with Sharia law. Here's how Bitcoin might appeal to this market:
Asset-Backed Nature: Bitcoin can be seen as an asset similar to gold, permissible under Islamic finance. Some scholars argue that Bitcoin, like gold, has intrinsic value due to its scarcity, utility in transactions,
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