(Friday) Ethereum overtaking Bitcoin? Altcoin pump!

here and wow it's already friday it has been extremely crazy for me for the past few days as you guys know i've been busy helping out refinable project launch and that was just a roller coaster ride i think it's a situation where you know like okay i have a confession i wanted to go to a theme park to get on some roller coaster rides because i was just like i need some adrenaline but that launch was like it it was more thrilling or more crazy like that's probably the better word for it than a roller coaster ride it was um yeah it had some really low points it had some good points but you know it's it's all about making sure people understand the product and that was the hard part throughout all this insanity so anyways i'll tell you guys a little bit about it i'll go recap about it but let's take a look at the markets as well i mean the markets has just been crazy this week with ethereum rocking up to all-time highs yet again like i can't i i cannot express how happy i am i mean you guys know i have a big bag of eve and i'm a big believer in what this whole space is building out to be and the extensions of where it is right because bitcoin started off with sound money but what ethereum is doing and what this whole not just ethereum but this whole decentralized smart contract space is doing is they're really changing finance they're changing not just finance but also um nfts and everything so it's it's it's the the the mission parameters have definitely drastically changed and that's for the better because there's a lot of disruption that's necessary in this space so i'm pretty excited uh we'll talk about the markets today so that's uh we'll talk about the markets we'll talk about ethereum breaking some records we also have some really good news with regulation coming out of germany that we'll talk and touch about so we'll do a new segment and then we have some announcements and we have some upcoming projects that i'm looking at that are super exciting and i hope you guys can really enjoy this ride with me it's it's been absolutely crazy we've got some comedy too so anyways stay packed for that also guys make sure you guys are a subscriber recently we're doing a new series that's coming up it's called crypto with friends and this is something that is i just want to be super casual i want it to be fun and exciting and uh last episode it was the first time we we did this with crypto with friends series this is with uh john care from genesis blog it was with jeff kardakis from trust swap it was me and nathan from cryptonauts and yeah it was a super exciting episode uh we're trying out testing out some new tech and everything and we're just like casually discussing cryptocurrencies discussing what we like what we don't like and it's it offers like a lot of breadth it's it's it's it offers a lot of wider um ideas that's coming through and i thought that was really great for this channel so i hope you guys can stay tuned for that the best way to do it is to click that subscribe button and the notification bell the time for these streams have not been set yet so it's a new concept it's an absolute new idea so just you know if you see that pop up smash it smash it like it you know that's that's the way it works uh yeah and it really does help so make sure you guys do that um that's gonna be the fun part of this uh and then we'll eventually settle on a good time for everyone that's good and you know that will that'll be the fun part so anyways uh make sure you subscribe make sure you click the thumbs up button and let's get this show started all right so let's start off with what's this okay so let's start off with the markets first and foremost so yeah um lots and lots of green over the past week right so you definitely saw ethereum shooting up binance coin is all the way up to 600 again um bitcoin is staying relatively steady so it's a situation where bitcoin this time hasn't aggressively rallied and this is a situation where ethereum is outpacing bitcoin at this current point and this is very likely due to the fact that ethereum a lot of people discuss discuss stuff can't really pronounce words today but they're discovering ethereum for the first time and when you first look at it it's very confusing right i mean i still remember the first videos i did it's like i caught it ethereum ethereum hey ethereum guys this thing seems interesting right well maybe not i have no idea what it is well you know the whole idea of smart contracts smart money it takes a little bit of time to wrap your heads around but once you start seeing the developments that are being done in this space the fact that you can create a new product right something completely in your new decentralized finance product new lending platform a new uh maybe even an insurance platform and the moment you create it within a week there can be something like a billion dollars value locked inside that is the insane part about crypto right the fact that you can instantly get money from the entire community you can lock in value and you can also of course deploy that capital that's been the insane part about crypto it moves a lot faster than every single banking space obviously there's going to be a lot of you know mishaps along the way that's something to watch out for but you know um i still remember my chat with uh uh rashid uh from alliance block you know he comes from the traditional banking scene and you know he's been working for 10 years in traditional banking right bmp bartippus and he's been deploying products there he's been on the tech side of stuff and you know the amount of regulation in that space is insane which is great but it also slows down development it drastically slows down everything and the worst part about traditional banking is is that the traditional institutions that have been around for a long time the ones that have banking licenses well they have a pretty much monopoly over the entire space which is why there's no innovation so yeah i feel like that's kind of the reason why people are looking at ethereum obviously this week as well um doge is just like insane um the the amount of tiktok videos i've seen on dogecoin um was crazy i think what also deserves a shout out for me is also polygon polygon is up 159 this week overall i think like it's it's crazy it's crazy i mean we had um sandeep from matic um slash polygon right you guys know it's a rebranded polygon is rebranded matic and he explained a lot of the stuff that's going on and you know the moment people start realizing that boom you know like that's that's when things just explode so yeah definitely deserves a shout out um and he's a smart guy right we just uh like matic is like and we got waves moving up too like the past this past week has been just insane for crypto and uh uh i hope everyone's staying safe obviously like this is when we're reaching some insane heights like if you look at the seven day here you're seeing you know double digits not just double digits triple digits right on these coins and uh obviously that that does ring some alarm bells i'll be honest with you like when once you start seeing these numbers i mean if you look at page two it's even crazier right you got bakery okay you got prometheus which uh is now up like seven seven hundred and forty two percent then you got bakery swap which is kind of like pancake swaps brother or little brother um that's up like 200 percent iotex syscoin alien worlds is up injective is up so you know crazy doesn't really it doesn't even begin to describe um how how insane this market is becoming and we've seen that in 2017 and there's two kind of mentalities around this right like when you see something like this you're gonna initially be like oh my god this is crazy and uh one of the words to be to heed obviously is just be fearful when everyone is greedy so i've definitely see there's a lot more greed on the market and this is where i'm prepared to lose everything right this is just like um this is i know this is in the most dangerous part about crypto but at the same time right i showed you guys this before which is the bitcoin rainbow chart right the rainbow chart of where we are at you know where so the one that is quite important is the all queen season so you know everyone's looking at these alts right now and all queen season chart we've been looking at this for a long while right we've been seeing like i've been talking about this ever since march and earlier i'm saying look we're gonna go up to 100 percent here all coins are gonna have their time and when it hit 100 obviously at that time i was like okay look this is a time where i have to decide if i'm gonna take profits or not because we know all coin cycles lasts like uh it's a very cyclic in nature so in the uh in the even last summer right during the whole defy wave we saw the all coin cycle really peaking and it didn't peak for very long before it's crashed down it came it came tumbling down a lot of coins lost a lot of value it was savage right so this is something that i'm absolutely prepared for in the cryptocurrency space and especially in the all coin space i'm absolutely prepared for a total wipeout disaster but at the same time i told you guys i'm not selling at that point right i took very little profits like very very tiny maybe 10 15 profits on some certain coins others i didn't take profits why well because this all coin cycle can go to some insane level so if you look all the way back in 2017 it literally broke the charts right and towards the last few days like towards last few few kind of like the last few weeks of an all coin cycle that is when things become crazy right this is when you get the 100 percent gains per day and it continues for a while right so yes it's extremely dangerous and yes i am extremely controlling my risk i told you guys this before as well where i segment my portfolio into the long hoddles which i are on top the medium term hoddle like the medium hoddles the medium bags i have and then of course the extreme stuff is the all coin stuff the the small all coins which i am extremely you know risk controlling that but obviously it is the best performing portfolio it is absolutely just insane i mean uh did i get into matic yes i did you know like there was a situation where you know i didn't like matic for a while because they seem to be very pumpy you know i kind of i've kind of avoid coins are very pumpy and what happened was that as i slowly talked to sandeep someone convinced me to go on a call with sandeep i realized oh my god this guy is on to something even though it's at that time it was like 20 cents and it felt like it's an all-time high right um uh this was a situation where i did enter um and i did i said you know guys you know i'm gonna change my view and it's not too late you know i'm not gonna if my view was wrong i'm not gonna just like stick to it i talked i actually talked to sandeep and it was good right and at that time like if you if you if you think about it right so it was at this time at that time it felt like crazy buying into matic right because like look at it look at it it was at one cent in december right and then now it's at 21 cents like you must be crazy to go into something like this right like i thought i would be crazy but you know i still took a position because i thought you know what this guy you know if you watch the interview he knew what he was talking about in fact i think he was a little bit camera shy because like when you talk to him um off camera like we were both like circling each other like you know like when we were talking we're both like circling each other i'm like i'm testing how much he knows he's testing me how much i know and then we're like figuring out how much each other knows about crypto and about the scaling solutions in this space and then like it was it was very interesting it was great and that was when i said you know what if you can do this right i'm gonna take a position and yeah it paid off it paid off so um like yeah so so going to now it's it's at 90 cents i mean that that's pretty insane so i think that's what i'm looking for in the space um it felt like crazy i felt like crazy at that time like i like there was a certain period of time like where i thought to myself like what am i buying someone else's 100x bags right like i was like okay but at the end of the day i just really thought you know this guy performed super well he knew what he was talking and if they can build like i think this this quote really rang out to me and this is a quote that uh one of my friends said who he said you know if scams can make a billion dollars uh smart people can make trillions in this space right i think that's that's that's important to know like super smart people like if you guys are following some serious narratives going on like the solana narrative right now uh you know guys know that sam bankman freed is pushing that super hard uh you guys know that ftx performed super crazy well um you guys know that binance did super well like these are projects that you know are good and they can perform well so i guess that's that's my long way window way of saying and relaying some of my experience here so i feel like so so reading that back into this whole topic of all coins i still feel like the whole coins are just getting started especially um for the like i feel like one of the biggest reasons why is right now you see so much activity on tiktok like this is something like this is some new space crypto was never on crypt tiktok and now we see like these infinite numbers of videos on it's kind of getting a little bit crazy i like it's good and bad obviously it's good that new people are getting into crypto but some people really have no idea what they're talking about and this is a this is a time where we have to be responsible and start educating people the right way right tell them about the risk because it's boring to talk about risks but you know anyways new new batch of people coming in i don't i feel like this cycle can last but i'm prepared for major you know catastrophes along the way especially there so let's take a look at the charts as well so what's happening on bitcoin and ethereum so right now on bitcoin you guys know that the support came in right on the 3rd of may uh sorry it's not a third of may to them 26th of april so this is on the one day charts for bitcoin you can definitely see that strong support coming in at 49 000 obviously we didn't really recover it wasn't a very strong u-shaped recovery so bitcoin is still lagging a little bit behind it seems like eath is definitely stealing some of the thunder you can see for eath the performance is just completely the opposite right eath did not drop heavily um during that time it did show its support and the moment that support hit right the moment that it hit the support line boom it just shut up it shut up um and it blew past the resistance that was at 2,500 so 2,500 this just couldn't hope eath back right like i was saying earlier with all this innovation in decentralized finance people looking at what is happening here like there's no holding back this right so this is kind of the situation that we're having we're seeing so right now of course the dangerous part is we don't really see where the kind of resistance really is we only have we basically it might be here but it might be a little bit higher right it could be that three thousand dollars would be a psychological barrier that might be the next big point at which you know ethereum stops moving but yes um you know it has moved up and what's going to happen is that the previous the previous resistance here right so we saw at 2,500 that's going to become the support line for ethereum although of course we don't know how strong that support line will be so this is where yet again the market is moving into a new territory we have not yet tested all right to see how strong that support at 2,500 is going to be so we're in this new area we don't know how strong this resistance is and we don't know how strong the support is this is a very much of a venturous time for us all here so obviously you guys know that the markets are extremely brittle to news as well that's what we saw last week and you can expect a lot of volatility going forward at this point i think that's just like obvious at this current point but one thing i do want to say is brace yourself something that really worked for me in 2017 was you you look at all the potential reasons for why bitcoin will fall right you prepare yourself for that first it's like psychologically you're bracing for it maybe there's going to be flood from miners right like maybe some flood people say oh mining centralized in china like that always seems to prop up or maybe some heavy regulation is going to come and hit a lot of cryptocurrency companies right you're bracing yourself for potential points of impact the reason why you do that is when that news hits and when the crypto falls you know that this is something you expected right this is what helps in volatility times at least for me not financial advice obviously but at least for me it helps because i won't be caught off guard right because sometimes what happens is that when the markets fall like what they did um just just a week ago right just a week ago the markets just completely plummeted you just see like you know back in the day if it looks like this right if it just looks like this markets are going down you see all that news on the miners being centralized in china hash rate is dropping maybe you don't even know what hash rate even is right that's going to create fear and that's why people sell at these bottoms right people are selling at this point oh my god it's all going down and you see then then the worst part is you see some traders say oh bitcoin's going to go to 30,000 and then of course the next day you know like it always happens it always happens and it's it's a rough ride and that's what that's what that's the the little tidbit i have to help myself it's a knowledge the knowledge of being prepared for whatever flood can come and that always helps that always helps a lot so anyway so that's kind of the markets and um what we're seeing now but we're also of course that's that's the main players right now i feel like right now it's it's going to be quite it's still all coin season time so that's what i'm spending most of my time on obviously looking at all coins investing in this space i think it just makes logical sense it's absolutely crazy smash up your likes i'll definitely want to look into other coins as well i think this week i spent a lot of like i said um let me relate to my experience as well so um yeah i spent a lot of time this week helping refinable launch i mean they built a good product right this is a situation where they were building super hard and i guess you know because i followed them for a long time i knew that was happening right because they had to have multiple interview rounds with binance right you know you guys probably saw there was binance investment into refinable and that was not easy that was not easy like literally binance just grilled them on everything right like it was like oh what's your um back end like what's your code like on the back end okay what's your front end show me a demo okay make it look prettier and then like there were multiple rounds of this stuff it was insane right it was insane to secure that interest to build um binance's interest to get part to become about the binance smart chain fund that was what they were fighting for for the longest period of time and then of course towards the launch of people were excited and when the launch happened obviously the price just shot up like crazy because the initial the bots and stuff just completely ruined it for everyone right it was just a total mess so like that was a tragic to see right like this weekend i was like i saw that launch i was like it was tragic because the coin launched at three cents right three point three point two eight cents that's what that's what launched that but the bots just like drove it up and then binance marching got super slow and then a lot of people just like dove straight into it was crazy but the good news obviously is that you know the foot is dying down a lot um the launch was definitely not clean it was like an unclean will be an understatement like you know i completely understand the confusion and the the the insanity going on but the product itself like what i was saying throughout this whole um situation was the product itself is super solid and it was such a shame because like what i also saw with the refinable launch was that there were intentional groups of people trying to flood it even more we saw people that were trying to take advantage of the situation and bring them to their own project and say oh we find them was a pump and dump it's not it's got a seriously strong product backing it behind it right a lot of it's been built and a lot of it's going to come very very soon so anyways it was super disappointing it was um pretty upsetting actually to to to see um so much shade being thrown but the good news obviously is that we're having a little bit of recovery i still say that we're in still in the price discovery phase like you know this is where some of the insane volatility is at this current point but i feel like a lot more people are looking at the product now all right though they're looking at where it's going where this nft space is going and what they're doing and i think that's a lot more valuable at this current point so anyways that's that's my take on it that right now so um uh we got rob say rob crypto say smash those likes guys please please do smash it likes it really does help the channel um and honestly i i had a lot of support as well like a lot of people like even jeff kredakis we came on and it was totally on like like i didn't want to throw the whole refinable launch thing at him because like you know i invite you know i i started this like crypto and friends episode to just talk about crypto and you know jeff gave some really strong words of encouragement you know don't look at these haters you know like um really stay strong make a good product and i feel like it was a situation where you know he he was really um positive and it's like this is a situation where like i'm really thankful for all the friends and you know this whole community as well you guys have been super supportive as well throughout this whole time and um you know like i really appreciate that so um like it means a lot like you finally find who like who believes and who doesn't believe and i think who really deserves a shout out here is superman as well uh it was a situation you know superman believed in refinable you know i talked to him about it uh before and uh you know um he made a video talking about why he's still bullish and uh you know um for for for for someone to do this it's really hard i think you guys don't understand how hard it is because you get so much hate in your comments right especially if you're defending something that isn't doing super well at a certain given time like it's it's extremely hard it's it's something that a lot of influencers especially a lot of the weak influencers they are content creators whatever you want to call people who make content in the space they they just back away from right they're all fun and happy when like you know um the project's doing well and they they can you know make a buck out of it but when things aren't going well like they just scram but superman was different i totally respect him for that like he he came up stepped up and said you know what i still believe in i'm still bullish and that really means a lot like that's that's when you know like people aren't you know full of crap you know like that's that's when you know that's when you know people aren't like just posers right so anyways um super massive respect for that um um crypto graham thank you for your donation says rob said like but forgot subscribe and hit that ball buy a bell icon yes guys do that so anyways that's my recap of uh refinable launch is still a lot more like the team has been working super hard like i've been like you know forcing them to work hard like you cannot believe how hard they are working right now it's like literally like some members have not slept for two days like non-stop there's just like no no sleep for two days on this so they're working super hard and the key here is that you know i'm pushing them to deliver a product that can make this community proud that's the objective right that is what they need to do they need to dominate and you know just just to throw this into there too um not this one so binance binance nft is also launching soon so binance there are competitors now for um the nft space on uh on uh binance smart chain so what refinable is it's a it's a it's a marketplace right for nfts and it's on binance smart chain and there's no dominant one yet now binance also announced the binance nft platform and that is going to be a competitor but i think there's a lot of ways to work together as well i think this place is like you know something that cz always said is that competition is good and not just competition but collaboration between things that are seemingly competitors right so binance launched their nft marketplace it's going to have a different tone it's going to have a different angle from refinable and it's going to make drive both teams to work ultra hard right this is space there's still a lot of brown to cover and it's good it's good like the competition like i want to acknowledge that that's like and the funny thing of course is that they announced it on the day of refinables launch i think that was almost intentional as i've tried to steal a little bit of refinables thunder acknowledging how strong refinable is so anyways like so yeah it was announced on the same day um but that's good it's like that's a compliment right when when your competitors try to announce and try to steal your thunder that's a compliment to know that you're really there and at the same time binance also of course um gave a lot of highlights i mean um nick was on the binance stream and then also um binance smart chain on blog actually featured us yesterday as well so um that's great uh of course full disclosure i'm a advisor for refinable i'm trying to push them super hard and to to really make sure that they dominate this space that's that's pretty much my goal here anyways um moving on to the news segment so i think um apologies for covering what was important to me before the news segment but the news segment is important let's move on to that so what's happening on the news first and foremost germany is allowing institutional funds to invest in crypto this seems to be a repeating theme throughout pretty much the whole entirety of this year right so another thing i just want to bring up today as well just in relation to institutional investment company investment tesla's q1 sec filings reveals that they have 2.8 billion dollars of bitcoin right so this is the current trend companies large institutions are trying to get into crypto and the regulators are figuring a way to make this possible right and this isn't just just with germany so germany's new law right this new law will permit over 400 4 000 not 400 4 000 institutional funds to gain exposure to cryptocurrencies it could spark mass crypto adoption in europe's largest economy for over the next few years so what they're doing is they're allowing these fund managers to have as much as 20 percent of the crypto portfolio in cryptocurrencies man i would have not have imagined that this day would come right this day it's such a big move right before all these institutions were anti-crypto don't touch crypto right all these governments like don't touch crypto that's suicide but now they're like oh yeah you can go up to 20 percent of your portfolio in crypto enjoy enjoy so yeah so so let's see how this goes um the other big change is china as well something that uh isn't very covered in western media but chinese companies are very heavily getting into crypto i mean may twine i'm sorry not many twine may two started at first um and then you've been seeing that there's a mad scramble this entire year and i'll try to dig up a summary for you guys very soon but the the kind of the talk right now especially if you're in asia the talk right now is like how do you allow institutions to onboard into crypto especially in china and yeah like i i would have you know i would never thought this day would come or at least come this soon right this is like barely three years since 2017 and it's arriving sooner than it is so definitely um definitely something to look forward to germany tesla's up there we also have the finance marketplace let's see what else we have there so but of course let's balance that positive news or some negative news so d5 hacks right this will be the biggest barrier and biggest fear and this is why a lot of people will probably like a lot of funds will probably stay away from d5 for a time being because it looks scary right so you have statistics like this where d5 hacks and exploits have um caused a total of 285 million dollars of losses since 2019 i think that's an understatement i think it's probably more if you account for the prices of cryptocurrencies going up the most recent one is 50 million dollars off uranium it seems like every week we're getting like 20 30 million um this is on the binance smart chain and uranium finance i guess is as toxic as uranium the metal because yeah 50 million dollars was just yoink taken away and this was something that um like i did a deep dive into all right so what was happening was that they had a two version 2.0 of their smart contract which was safe and they told their community to upgrade to version 2.1 which had a major exploit that allowed 50 million dollars of community funds to be stolen right so if your people were depositing in uranium well they would be pretty nuked by now like that's the unfortunate side effect luckily i wasn't there i think there was a situation where i was too busy like with everything else i didn't touch uranium but this is something to be a little bit careful of um in terms of analysis um the code side it seemed to be to do with a very small bit of code that allowed the hacker to basically bleed everything and the crazy thing is as i was talking to a programmer friend about this that that that this type of exploit um this certain type of exploit was almost found in pancake swap all right this was you know how pancake swap had a had a stalled migration they stalled their migration and there was a bug in their version two contracts right so if you look at exchange and um there was a there was a like a version two that was not deployed right that almost had a similar bug so this is a situation in crypto where you have to be extremely extremely careful they'll never admit to i think pancakes will never admit to it but divert their version two that they abandoned that they stalled their launch for had some certain bugs in it so i would say you know in crypto do be a little bit cautious what i'm going to do tonight is that we're going to do a car um there's a clubhouse chat with guys from hacking so it's a gbv clubhouse chat we're going to talk a little bit more about safety and security in this space i think it's just my it sounds like the most boring thing to talk about you know security and uh safety but i think it's quite quite important um at this point to um it's probably an understood statement but um yeah it's quite important to make people aware that this is going that security is necessary it's important and because in crypto there's no such thing as like reversing a hack right if a hack happens it happens and there's no you know there isn't enforcement to to really um stop that from hap like unlike in traditional finances like you can call the cops and they'll freeze accounts and they'll freeze like layers of accounts to stop crime from happening in crypto a lot of times like if you look at this case with uranium what they did was that the um the hackers managed to bridge those funds from binance smart chain move it from using any swap onto ethereum and once it's on ethereum they also used um a mixer to mix those funds up so they use tornado cash to to to mix those funds so now it's actually almost impossible for anyone to try to track and for law enforcement to to stop these funds from being getting stolen it's considered stolen but at this current point so anyways uh yeah it's it's pretty bad um harvey reams is um safety and security is boring really it is to a lot of people it is um people i think people are used to how like um how brain dead they can be in traditional finance because like if there's ever a big problem like as you if you have a credit card fraud event your bank can take care of you right you can report it to fraud department and there's law enforcement that can deal with these issues and then a lot of times you can get your money back because you know it's fraud someone stole your credit card but in crypto there's no such thing as like a bank you can call um to help with you so anyways um there's a talk tonight at 8 pm hong kong time um from genesis block um um and it's me uh dima from hacken and john from genesis block um so yeah that's coming up today i just want to i just want to show you guys but i have no idea where the uh where the the thread is but i'll find it for you guys soon i'll post it here and share that with you guys so that's that's today's stuff so anyways um d5 hacks uranium man that that was not relatively unpleasant um there's some suspicion that the developer leaked information uh there's definitely some suspicion there obviously there's no proof of this but yeah this is something that i'm gonna follow um very very soon all right next up for some comedy i thought this was interesting this was one of the top uh posts on reddit right now uh it's kind of funny basically uh uh uh scammer scammer creates token and scams himself i don't know man so basically this guy was like posting on a support thread says hey i created a token on pancake swap but now i want my money back it says i can't trade it back because the price impact is 2k so basically i lost two three hundred dollars i'm like huh what did you want to do with that token sir sir sir what were you trying to do hmm but anyways yeah uh um that's that's crypto for you that is that is crypto for you now in terms of upcoming projects so who did i talk to this week this week i've also been a little bit busy i've made two talks or i'll talk to two projects one is singularity dow so singularity dow is a quite an interesting concept um it's using ai and i'm very very i'm careful about the use of ai because it's used everywhere right it's the biggest fad word right now it's ai defy and dow's all right it's like the three hottest words right now all right but beyond beyond the three big words and beyond the hype what's quite important about this and what what's what's interesting about this is that they're using ai and they're using and the expert at this right um is they're using general they're trying to use and deploy general ai to manage small outgoing cryptocurrency baskets right this is something quite interesting because at the end of the day the the the ai field is growing exponentially and there's many different types of ai right so there's ai that just looks like a traditional algorithm right but there's also general ai which is kind of general artificial intelligence which is the holy grail of ai right it's like like can we replicate human intelligence but anyways um i did speak with their ceo uh singularity uh singularity um and uh so take me a sec so um singular detail um not that that it was with ben singularity net singularity net singular sing net this guy yeah okay there we go so so i speak with ben gertzel all right he's um he's this guy over here um he looks a little bit crazy but he's very very sharp and he talked a lot about general ai like his research in the space and a lot of this work is um built on his work right a lot of both singularity is built on his work and singularity dow is going to be based on his work on general intelligence so it's it's a little bit out there it's a little bit like it's one of those like kind of a little bit crazy things out there for general intelligence and ai to manage this but anyways that's what singularity dow is they're coming up on both pools um and they're doing a sale soon so definitely check that out uh i was pretty i was pretty enlightened by that but it was kind of fun um um yep okay so the other interesting thing that's going on obviously you guys um probably know i've been talking to alliance block a lot and alliance block they're doing something big that doesn't look big on paper all right so they partnered with gbg which yet again it's not a big publicly known company but gbg group is basically a big kyc provider they have clients like hsbc like paypal basically they're used by the banking um in the banking institutions to verify clients why is this important is because alliance block they're bridging that gap between traditional finance and decentralized finance right now decentralized finance just completely blossomed over the past year but of course a lot of those investors right now in decentralized finance are people like me people who believe in crypto people who have looked at the space grow and we have confidence in the space but to allow new parties to come in especially the traditional institutions kyc needs to be done that's just a this is a fact right you you cannot uh you need to have that bridge between what is being currently regulated if you want regulated entities to come in you need that bridge so what cbg cbg does it mean and what they're doing and working with alliance block means that alliance block can get the kyc approval process right they can get their clients on board they can make sure that everyone that's using the platform are kyc approved and they can then seek investment from traditional finance so this is kind of what matters here this is what what's uh what they're looking at which is essentially building up uh a regulate a kyc entity right so yeah so that's kind of the situation and in terms of the partner like in terms of what cbg does it's like they're literally working with people like stripe with harrods with fujitsu like these big brands nike to get this done and uh yeah it's something that's a little bit more nuanced but that's something that's quite important in the space and i feel like that's that's what's happening like a lot of the non-sexy stuff like this is this what i would say it would be like it was not it's not immediately obvious like if you would say that you know doge will be sexy because it's a meme and it's funny um this would be not sexy but this would also build a foundation or lay the foundation works for that explosion in decent the next explosion in decentralized finance um all right so let's see what else is up there i'm gonna do some k um answers and q and a right now let's see what's happening um uk can't can't kyc for singularity dow that sucks it's unfortunate and i do want to say this too right so um kyc is a big issue right now um uh it's it's it's gonna be a problem that really plagues crypto for a while um like getting getting getting these two systems to work together and uh i think there's gonna be better solutions i think like we're still at a stage where we're deploying old concepts and new ideas and i think we need to have a bridge somewhere like we'll have to basically the the the institutions are being around like cbg they're gonna come in and they're probably gonna either innovate on a solution or make a better solution um to improve the kyc process i think that's that's kind of the the necessary next big step to be honest so anyways my my two cents um also let's see we'll also try to bring a lot more people onto this channel as well so um we got rob i'm trying to invite rob i'm trying to get a lot of people back from our community into crypto and friends i think that'll be really fun so if you guys are interested you know shoot me a shout out on telegram i'll try to arrange that to happen and we'll just build that community that's gonna be fun all right that's gonna be the that's gonna be our community right here um let's see all right so all right so let me just look at the chat it's a lot going on and take a little mental break here lololol well this is one of the good thing about crypto friends as well because like something i realized when i'm doing crypto and friends show is that if there's four people talking i can take a little bit of a break uh when i do a stream myself it's like my brain needs to be constantly looking at what's next and then reading comments and everything and like i i sometimes need a mental break on everything that's going on so it's kind of insane i want to do a shout out as well for trust swap they're launching the defund project that's going to launch in literally 12 hours so if you guys are into trust swap like sometimes you get very short notice for these things right so sometimes um especially with these launch pads so what's going to happen is defund is going to come up in around 12 hours so if you guys are already into trust swap this is uh something that jeff has been working very very closely to get launch um they're basically so personally so i'll be honest here i haven't fully looked into everything yet but i know that jeff has been working non-stop on getting these good projects onto trust swap so what the fun is is it's a it's it's basically loan platform on polka dot right so that's essentially what it is it's going to be allowing these investments to happen it's going to happen in around 12 hours so first of all make sure you guys look into it but if you guys are into trust swap raise amount is around 1.2 million dollars so there's plenty to go around and it's going to be fun so big shout outs to jeff like total respect for how hard he's working i think it's one of those situations where you know uh with trust swap a lot of people were very doubtful at the start but jeff worked like non-stop right he's one of those people who can like i don't know how he does it like uh it was a situation this week i was like you know how do you do this like i asked him like how do you do this like how do you get good projects how do you build this um also um you know for trust swap as well uh mint is coming up i've basically told him you know asap when it's ready show me get this community uh preview of what's happening with mint because that is what i'm excited for i i made a video about that because that's gonna bring a lot more legitimacy to this space as well because when people create new projects and coins you see so many rug pulls just bring crypto down but with ability to just mint coins and lock them and prove that that's power right there so anyways um last thing last thing last thing we have we have this ice full link so this is the last project i spoke to this week so this is launching on dow maker all right so i told you guys i was looking at a lot of new projects coming up this one's a little bit more interesting it's not related to decentralized finance rather it's related to recruitment so it's targeting a segment very similar to linkedin right you guys know linkedin is unfortunately the de facto place to find jobs right but linkedin is so bloody broken it's not even funny a lot of times um linkedin completely relies on a person to provide their own credentials and trust so for example like on my linkedin profile i can type whatever the hell they want and one of the biggest attacks that i had on linkedin unfortunately was that people are claiming they work for box mining because i have a you know box mining is up there um there are people who just edit their profiles and claim they're working for box mining and the worst part is i can't even remove that i had to message linkedin and say look this guy does not work for me right and what they were doing what these scammers are doing is that they're saying that they work for box mining and then they use my brand and they like oh check my linkedin profile work for box money all right let's uh then they scam those projects for money they're like oh if you want to work for box money pay me i pay the the scammer money it's like stupid it pisses me off but anyways ice falling is solving that problem it's bridging the uh it's really allowing trust so it's allowing candidates to get trust onto the network and for that trust to be verified so you can verify what people's credentials are going into that space so i feel like that's kind of value that they're trying to provide it's basically providing verified education it's trying to prevent it's trying to do that automated screening it uses a bit of ai i'm going to be very cautious of the word of ai here because i don't know how deep they can use that ai but they're using ai to try to weed out scammers like the ones that are like scramming the credentials saying that they were maybe graduated from a top university when they did it you know none of this is verified on linkedin so yet again this is a situation where i think that's a disruption so iso link is coming on dow maker um that's coming up quite soon as well so make sure you guys check that out um yeah that's pretty much what i'm looking at all right um rob crypto says you can work for me i'm looking for a personal chef and trainer i got some perfect experience for you this is my this is my my education right there all right guys uh rob if you want burgers hit me up right hit me up hit me up sir hit me up i need i need to flip burgers sometime all right all right i need to make that like what is it ten dollars eight dollars an hour all right just pay me the minimum pay me the minimum i'll be your slave i'll be your slave i know i know i know do buy right do buy sorry i'll see you there man um uh anyways guys guys guys guys uh um that's it for for today's episode guys uh i just have to apologize for something uh but anyways guys guys guys guys guys thank you guys so much for watching guys today i hope you guys enjoyed this episode there's more coming next monday we're gonna be live we're gonna see what's happening in market maybe it's gonna go crazy uh but i hope you guys enjoy this crazy time sirs um um crypto has been a little bit crazy i've been very thankful this week as well like like just looking at crypto like looking ethereum like finally getting that validation that ethereum is not a scam i still remember you know there were times when people were hating both ethereum and bmb um you know i still remember tone vase calling that a absolute scam at ten dollars now it's at 600 um eth um eth also e fell to like 100 and you know now it's at 2400 so uh yeah so guys thank you guys so much for watching today there's plenty more coming soon so make sure you smash up those likes hit the little subscribe button crypto and friends it's gonna be my next big focus you can bring more people onto this channel um talk to them i think that was a super good video um on friday uh on wednesday and we're gonna perfect and make that uh episode format a lot better give you guys more insight into everything that's going on invite other experts into this channel i'm really excited for that so guys stay tuned smash up the subscribe smash up the likes see you guys next stream stream next stream next stream up stream next stream stream next stream next stream all right all right see you guys how do you take the time now to tell you a little bit about everything that's happening in the box mining ecosystem first and foremost if you guys like listening to all that's happening in crypto on the go then i would highly recommend you checking out the box mining bitcoin out of the box podcast and the reason why it's called bitcoin out of box is because we have long interview segments very much exploring the detail of the newest and latest of what's going on in this whole cryptocurrency space whole idea of it is to bridge that gap between knowledge privileged institutional investors and the rest of us here in this space now with the podcast it's on everything so it's on apple podcast it's on google podcast it's on spotify just search anywhere bitcoin out of the box so just add that onto a playlist and let's just follow the new episodes when it's released next up we also have the box mining newsletter so this happens roughly bi-weekly we give you an update of the latest that's going on in a very summarized condensed format so this is perfect for anyone that wants an overview of the market say for example what's happening with okx the biggest event or maybe the little things like what's happening with different coins and overall the trend so what i use the newsletter for personally myself is to understand what kind of phase we're in in crypto to kind of get kind of in tune so if you don't read crypto every day the newsletter is perfect for you last but not least in the link down below if you're a telegram user we have the box mining announcements channel so this is to announce you basically what's the latest videos coming up but also we have a daily update a community driven daily update to provide you an idea of the latest updates on a day and a lot of people have been using that to get informed of the crazy amounts of trends that we see and i have to give a big thank you for claudio our community member for doing this it's just been phenomenal definitely want to give you a shout out there claudio as well for that and taking us to the end of the live stream so make sure number one you click like and subscribe on this video because it really does help this channel and then of course check out the podcast it's one of the best ways to know a little bit more to extend that knowledge especially in your spare time and then of course check out the newsletter if you're um you know if you want those updates and summaries and trends newsletter is the place for you and with that guys thank you so much for watching this video i really hope you have a good one see you in the next video so many