The Daily LEO #93 Ethereum, Russia CBDC and LEOs AMA

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(Edited)

Welcome to the second edition of The Daily LEO! We pull the best articles in Finances, Crypto news and Hive/Leo into one condensed information packed space.

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The Richest Man In America

The triumph brings to a screeching halt Bezos’ four-year reign as the wealthiest American, as Bezos was hurt by a decline in Amazon shares, which fell 27% and erased $50 billion of his fortune between the two lists (for the 2022 ranking, Forbes calculated net worth's on September 2, 2022). Only Mark Zuckerberg of Facebook’s parent company Meta Platforms, who shed $76.8 billion, fared worse. So who's the new richest person in America? Find out here


The Housing Bubble Just Burst

This was the first sequential drop in home prices tracked by Case-Shiller since March 2012, or ten and a half years. On a Y/Y basis, home prices rose just 16.06%, down from 18.66% YoY in July, and missing expectations of a 17.1% increase. The headline national average price index rose 15.77% YoY in August. Get the full details charts and more here



Vitalik Buterin Predicts What’s Coming for Ethereum Ecosystem Over Next Two Years

Ethereum (ETH) founder Vitalik Buterin says the leading smart contract platform needs to keep moving toward long-term sustainability.

In an interview with the Bankless podcast, Vitalik Buterin says there are two big priorities for the Ethereum community after the successful merge to proof-of-stake. “I think there are two big priorities. One of the priorities is...


Russia aims to use CBDC for international settlements with China: Report

Russia is in the pilot phase of its central bank digital currency development (CBDC), and new reports indicate that the country could use its national digital currency to settle international trade.The topic of digital financial assets, the digital rouble and cryptocurrencies are currently intensifying in society...



ETH Merge | Best Practices for Exchanges/Wallets

As some of you might have already noticed, we've been taking the discord roles more seriously lately, doing some updates, giving the Lions who power up their new roles, and overall looking for ways to gamify these roles and at the same time incentivize our community members to stake more $leo and get more involved with the community initiatives.

This takes us to our first step of gamifying the amount of skin in the game our Lions have in the LeoVerse. Check out the discord roles and perks


AMA LEOFinance Noon EST

During these AMAs they discuss anything related to the LeoVerse, the current state of affairs in the crypto and finance world, and most importantly, they respond to any and every question the community has about everything related to the LeoVerse. This AMA will be a special one and be an interactive AMA


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14 comments
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I like this format of short finance news! And, as a potential real-estate buyer (if crypto goes up... 😃), I'm happy to see that the housing bubble has burst... I hope that we will see some "normal" prices in the future as these are crazy...


I have picked this post on behalf of the @OurPick project which will be highlighted in the next post!

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Takes a good amount to put together for sure but that's time saved for many others and what gives it value. We should start seeing some "normal" prices in the housing market early 2023 I suspect.

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

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This whole CBDC thing is what WW3 is realy going to be about... who will have the first, most secure digital currency may be the next in power to control the world's markets!

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Yep its far easier to take a country down through finances and investment then it is in all out war. Hacks, digital age etc it's all here now

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Until that day arrives, wars for natural resources remain the greatest threat leading to WW3. The explosions of the Nord Stream natural gas pipelines in the Baltic Sea were 100% man-made; to be determined is the perpetrator. NatGas prices and energy prices in general will shoot up more due to less supply in the market.

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Yes there's the endless accumulation to control natural resources such as natural gas, there's oil, lithium... and all the resources that produce consumable energies. These same people have gained controle of food, the next resource will be that of data collection.

We're in the age of commerce, and no matter what triggered WW3, the fact remains that the world reserve currency is about to change... and that's going to make a lot of people a lot more poor than they may be right now.

I think WW3 is already here.

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