event

ETHDubai 2025 will feature prominent figures from the Ethereum Foundation and Web3 space, gathering on April 28–29, 2025, at Conrad Dubai to discuss advancements in blockchain technology and decentralized applications.
This gathering highlights Ethereum's ongoing ecosystem influence and aims to inspire technical innovations and potential market movements within the cryptocurrency sector, though no immediate market impact is observed.
Ansgar Dietrichs and Sergey Nazarov Lead Ethereum Dialogues
ETHDubai 2025 is set to host prominent figures like Ansgar Dietrichs and Sergey Nazarov. Their involvement marks a commitment to further Ethereum and Web3 ecosystem progress. Developers, educators, and investors are anticipated to participate actively. Ansgar Dietrichs, a researcher from the Ethereum Foundation, stated that ETHDubai will be "gathering builders, founders & educators. Focus on L2s, experiments, privacy, AA, DAO, UX &+... Both experts & novice welcome! With Hackathon, talks, workshops, Pitch Demo Day and parties!"
Major participants include Ethereum core developers and key figures from Chainlink and WalletConnect. Their roles in ecosystem growth highlight the importance of this event for network advancements and potential blockchain usability improvements.
Venture Interest High Despite Lack of Immediate Financial Effects
The event generates interest from venture capitalists and institutional players. While no immediate financial impact is confirmed, the focus on developer-investor networking may lead to future project funding and collaborations expanding Ethereum's influence. Insights into the expectations for ETHDubai 2025 further emphasize its potential impact on the industry.
Potential outcomes include advancements in Layer 2 solutions and DeFi technologies, leading to temporary market sentiment changes. Historical data shows modest positive momentum around such events; however, they require key announcements for sustained impact.
Previous ETHDubai Gatherings: A Catalyst for Short-Term Price Action?
Previous ETHDubai events have triggered short-lived upticks in Ethereum and DeFi token activity. These occurrences align with broader trends in crypto conferences, where network-building often precedes market movement. More on the Ethereum Dubai Conference 2023 highlights past innovations and networking opportunities.
Experts from Kanalcoin note that while ETHDubai may see momentary price action, significant changes depend on pivotal technical breakthroughs or strategic partnerships arising during these gatherings.
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April 22 – Lyora Upgrade (Injective Mainnet) Injective rolls out the Lyora upgrade to boost mainnet performance and scalability.

April 25, 1:00 PM – SEC Crypto Custody Roundtable The SEC’s Crypto Task Force will host a roundtable to explore key aspects of digital asset custody.

April 28 – Validator Expansion (Enjin Relaychain)
Enjin Relaychain increases its validator slots from 15 to 25, taking a step forward in decentralization.

April 29, 1:05 AM – BSC Mainnet Hardfork (BNB Chain)
BNB Chain undergoes a major mainnet upgrade with a scheduled hardfork.

April 30, 9:30 AM – XRP ETF Launch (ProShares)
ProShares gears up to debut its XRP futures-based ETF on the NYSE Arca exchange.

April 30, 10:03 AM – Pectra Hard Fork (Gnosis Chain)
Gnosis Chain will activate the Pectra hard fork at slot 21,405,696 to enhance protocol capabilities.

#Event

Binance has introduced Event Trading, a feature where users can predict whether the price of Bitcoin (BTC) or Ethereum (ETH) will go up or down. While this might seem like an exciting way to engage with the crypto market, it’s essential to analyze this practice from an Islamic perspective.

What is Event Trading?
In event trading, participants bet on the future price movement of cryptocurrencies. For example, you predict whether BTC will be above or below a specific price at a given time. If your prediction is correct, you earn; otherwise, you lose your investment.

Why Is It Considered Haram?
In Islam, gambling (Qimar) and speculation (Gharar) are strictly prohibited. Event trading shares characteristics of these practices:

1. Gharar (Excessive Uncertainty):

Event trading involves uncertainty, as no one can precisely predict the future price of cryptocurrencies. This level of risk falls under Gharar, which is forbidden in Islam.

The Prophet Muhammad (ﷺ) said:

"Whoever engages in Gharar-based transactions will not prosper."

(Musnad Ahmad, Hadith 15726)

2. Qimar (Gambling):

Event trading is essentially betting on the rise or fall of an asset's price, making it akin to gambling. Gambling is clearly prohibited in the Qur'an:

"O you who believe! Intoxicants, gambling, sacrificing to stones, and divination by arrows are an abomination of Satan’s handiwork. Avoid it so that you may succeed."

(Surah Al-Ma’idah, 5:90)

The Islamic Alternative
Instead of engaging in speculative trades, Muslims can focus on halal investments that involve:

✅ Real ownership of assets.

✅ Transparent and fair transactions.

✅ Avoiding interest-based (Riba) practices.

Conclusion: A Cautionary Note 🚫
Although event trading might seem lucrative, it contradicts the principles of halal trade in Islam. As Muslims, we must avoid practices that compromise our faith for worldly gain.

🛑 Stay vigilant and prioritize ethical trading methods! Always seek guidance from Islamic scholars for clarity on financial matters.

👉 What are your thoughts on this? Let’s discuss in the comments below!
💬 Are you a trader or a holder? Share your experience in the comments below and repost too ♻!

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