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19th June: Blockchain DXB podcast🎙️
📊FOMC Interest Unchained 🟠Genius Act passed by Senate 🔴Iranian Nobitex Hacked for $90M 🔵 Relai 🇨🇭 & Casa Partner to Offer Multisig Bitcoin Security
FOMC Interest unchanged Jerome Powell stated under trump administration Unemployment rate low and labor market strong. We stronly recommend to watching full video by Federal Reserve Board chair Jerome Powell here https://lnkd.in/dp7kyDqn
🟠U.S. Senate Passes Stablecoin Regulation Bill – GENIUS Act
On June 17, the U.S. Senate passed the GENIUS Act, a landmark bill establishing federal regulations for U.S. dollar-pegged stablecoins. The bill received bipartisan support with a 68-30 vote and now awaits approval from the House of Representatives before reaching President Donald Trump.
Key highlights:
- Stablecoins must be backed by liquid assets like U.S. dollars or short-term Treasury bills.
- Issuers must disclose reserve composition monthly.
- The bill addresses concerns about Big Tech and foreign issuers entering the space.
This would be the first federal regulatory framework for stablecoins in the U.S.
- Circle &Coin-base Stock Prices Surge After GENIUS Act Passes Senate
🔴Iranian crypto exchange Nobitex was reportedly hacked for $90 million by Israeli-linked hacktivist group Gonjeshke Darande, according to Elliptic, a blockchain security firm. Blog here https://lnkd.in/d-mQwVV4
🔴The group, which previously targeted Iran’s state-owned Bank Sepah, claimed responsibility via X, calling Nobitex a “terror-financing tool” used to bypass sanctions. They also threatened to leak the exchange’s internal data and source code. While Nobitex confirmed the cyberattack, it has not verified the amount stolen, amid rising tensions between Iran and Israel.
🔵 Casa has partnered with Swiss-based Bitcoin platform Relai 🇨🇭 to offer a seamless solution for buying and securing Bitcoin. The collaboration combines Relai’s easy-to-use, compliant platform for purchasing Bitcoin with Casa’s industry-leading self-custody vaults, giving users a secure, end-to-end Bitcoin experience.
Through this partnership, users can:
- Buy/sell Bitcoin via Relai’s trusted platform
- Directly fund Casa vaults for long-term storage
- Access a secure on-ramp for individuals and businesses
🔵 Casa Inc. CEO Nick N. said the partnership empowers users to "fully own their financial future," while Relai 🇨🇭 CTO Adem Bilican called it a move to help users secure not just their savings, but their legacy. Info here https://lnkd.in/d44tJNAE
🟠 Two UAE news
⚡️ The Dubai Financial Services Authority (DFSA) begins engagement with firms selected for its Tokenisation Regulatory Sandbox, reinforcing its commitment to responsible innovation in the DIFC
⚡️ Forte Aviation Consultants partners with Deus X Pay to launch crypto payments for luxury travel
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🚀 AI-Generated Episode using Notebook LM by Google
In today's episode of Blockchain DXB, we dive into the latest high-impact developments in the world of Bitcoin, Ethereum, Solana, and digital assets—powered entirely by AI using Notebook LM by Google. Here's what you can expect:
Several Solana ecosystem projects—Pump.fun, GMGN, BullX, and Eliza OS—were abruptly suspended from X (formerly Twitter). No official explanation has been offered, only a generic rule violation message.
🔹 Key figures affected:
Alon Cohen, Co-founder of Pump.fun
Shaw Walters, Founder of Eliza OS
Trump Media & Technology Group has submitted a registration with the SEC for a dual Bitcoin + Ethereum ETF, to be listed on NYSE Arca.
🔸 Fund Allocation: 75% Bitcoin / 25% Ether
🔸 Custodian & Execution: Crypto.com
🔸 Sponsor: Yorkville America Digital
🔸 Expected Launch: Later this year
📄 Press Release
JPMorgan Chase filed a trademark for “JPMD”, targeting digital asset trading, payments, and transfers. While the term “stablecoin” isn’t used, analysts speculate it’s part of their expanding blockchain strategy via Kinexys (formerly Onyx), which processes over $2 billion daily in digital transactions.
📄 Trademark Filing
CoinShares is the latest to join the Solana ETF race with a filing for a SOL-based ETF. The ETF, which includes staking features, is expected to list on Nasdaq, following suit with other major players like Grayscale, Fidelity, and VanEck.
📊 Analysts project a 70% approval likelihood under the SEC’s evolving stance.
📄 Official Filing
⚡️ Bitcoin.com Opens First MENA Office
Located at Dubai’s DMCC Crypto Center, this marks Bitcoin.com’s deeper push into the region.
⚡️ MIT Media Lab Partners with Dubai School
In a pioneering move, MIT Media Lab is working with Dubai Heights Academy to reimagine AI-driven education and future workforce readiness.
📄 Slides | LinkedIn
🎧 Tune in to hear our AI-powered insights, analysis, and what these developments mean for the future of decentralized finance and regulation.
🔗 Visit BlockchainDXB.com for archives, media kit, and more updates.
🔴 Pump.fun and Solana-Based Projects Suspended from X (Twitter)🟠 Trump Media Files for Bitcoin and Ethereum ETF⚫️ JPMorgan’s “JPMD” Trademark Filing Sparks Stablecoin Buzz🟣 CoinShares Files for Solana ETF on Nasdaq🟠 Two Major UAE Crypto & AI Announcements
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17th June: Blockchain DXB podcast🎙️
⭕️Pump.fun X - Suspended 🟠Trump's Truth Social Files for BTC and ETH ETF ⚫️ JPMorgan - Trademark for Digital Asset Platform CoinShares SOL ETF
⭕️Several Solana-based crypto projects—including Pump.fun, GMGN, BullX, and Eliza OS—have been suspended from X (formerly Twitter) without prior notice. Affected accounts now display a generic rule violation message, but no specific reason has been given.
- Key individuals impacted include: Alon Cohen, Co-founder of Pump.fun
Shaw Walters, Founder of Eliza OS
🟠Trump Media Files Registration Statement for Bitcoin and Ethereum ETF
Trump Media & Technology Group has filed with the SEC to launch the Truth Social Bitcoin and Ethereum ETF. The fund will hold 75% Bitcoin and 25% Ether, aiming to reflect their market performance. Trump Media & Technology Group
Crypto.com will serve as the exclusive custodian, execution agent, staking, and liquidity provider. The ETF, sponsored by Yorkville America Digital, is set to list on NYSE Arca, pending regulatory approvals. Launch is expected later this year.
Press release here https://shorturl.at/uxOQN
🎙️ Check out the Blockchain DXB episode for today we share our commentary on this
⚫️ JPMorganChase has filed a trademark for "JPMD", a blockchain-based project offering digital asset trading, payments, and transfers, sparking speculation it could be a stablecoin—despite the filing not using that term. P Morgan already runs a blockchain unit (formerly Onyx, now Kinexys) that handles over $2B in daily transactions, reinforcing its growing commitment to Web3 and digital assets. Official filling here https://shorturl.at/nEJMh
🟣 CoinShares Files for Solana ETF on Nasdaq with the U.S. Department of Homeland Security, aiming to list it on Nasdaq. This follows revised filings by seven major firms—including Fidelity, Grayscale, and VanEck—who also plan to offer Solana-based ETFs with potential staking features. Official filing here https://shorturl.at/wQEmP
Analysts estimate a 70% chance of approval this year under the SEC’s more crypto-friendly leadership. SOL
🟠Two UAE news
⚡️Bitcoin.com establishes first MENA office at Dubai’s DMCC (Dubai Multi Commodities Centre) Crypto Center
⚡️MIT Media Lab US Partnership with Dubai School to Transform AI in Education
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📌 Episode Highlights
This episode of the Blockchain DXB Podcast explores some of the most compelling developments in the world of Bitcoin, blockchain, and digital assets. Powered 100% by AI and curated using Notebook LM by Google, this episode is part of the ongoing Blockchain DXB AI Takeover series.
🔶 Bitcoin Mining Difficulty Drops Slightly
Bitcoin mining difficulty fell slightly to 126.4 trillion, down from May’s all-time high of 126.9 trillion. The post-halving era continues to strain miners as block rewards decrease and competition grows. Still, major mining firms such as MARA (950 BTC mined in May, holding 49,000+ BTC) and CleanSpark (694 BTC mined, 12,502 BTC reserves) are expanding operations and doubling down on Bitcoin as a strategic treasury asset.
📊 Source: CryptoQuant
🟡 Amazon & Walmart Exploring U.S. Stablecoins
According to the Wall Street Journal, both Walmart and Amazon are exploring launching their own stablecoins in the U.S. These efforts could bypass banks, reduce transaction costs, and shift billions in payments into private blockchain systems.
📎 Full article: Read here
🤔 Key questions raised:
Why not adopt Bitcoin + Lightning Network for transactions?
Are stablecoin issuers replacing banks?
Do corporate stablecoins uphold the ethos of Open Blockchain?
Open-source
Permissionless
Borderless
Censorship-resistant
Neutral
Publicly verifiable
🟣 Cardano to Convert $100M ADA to Bitcoin & Native Stablecoins?
Cardano co-founder Charles Hoskinson has proposed converting $100M worth of ADA in the Cardano treasury into a mix of Bitcoin and Cardano-native stablecoins like USDM and USDA. This move, aimed at priming Bitcoin DeFi, signals a major shift in treasury strategy.
🎥 Full livestream: Watch here
📊 This contrasts with Cardano Foundation CEO Frederik Gregaard, who believes TVL (Total Value Locked) isn't a key adoption metric.
🔵 Vietnam Passes Comprehensive Digital Asset Law
Vietnam's National Assembly has officially passed sweeping legislation that legalizes digital assets and establishes clear property rights for tokens under civil law. The law—set to take effect on January 1, 2026—also supports semiconductors, AI, and tech startups.
📰 Official source: Read here
🇦🇪 UAE Highlights (See Slides)
⚡️ DGHR & Dubai AI Campus: Partnering to accelerate AI-based workforce transformation
⚡️ SMC Healthcare: Preparing for Saudi expansion via IPO and AI integration
📊 Slides available here: Click to View
👤 Host Info
Blockchain DXB is hosted in Dubai and brings you daily insights from the world of Bitcoin, Blockchain, and Web3. With over 820 episodes, the show is widely followed by policymakers, high-net-worth individuals, and institutional thinkers.
🔗 LinkedIn Profile
💡 Special Note:
This episode is 100% AI-generated using Notebook LM by Google as part of our Blockchain DXB AI Takeover Series.
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16th June: Blockchain DXB podcast🎙️
🟠 Bitcoin mining difficulty down❗️Walmart, Amazon - Stablecoins in the U.S 🟣 Caradano - $100M of ADA into bitcoin? 💯Vietnam Passes Digital Asset Law
🟠 Bitcoin mining difficulty has slightly decreased to 126.4 trillion after hitting an all-time high of 126.9 trillion in May. Miners continue to face challenges from reduced block rewards post-halving, rising costs, and increased competition. Data from CryptoQuant here https://shorturl.at/Gm8sE
🟠 MARA and CleanSpark are expanding operations and holding Bitcoin as a treasury asset. MARA mined 950 BTC in May while CleanSpark increased production to 694 BTC,
🎙️The Wall Street Journal is reporting that Walmart and Amazon are exploring launching their own stablecoins in the U.S. to reduce reliance on banks and save on transaction fees. This move could shift large volumes of payments outside the traditional financial system. By using stablecoins for customer payments and settlements, these corporations aim to reduce transaction fees and gain greater control over payment infrastructure, potentially saving billions annually. https://shorturl.at/tZfBk
- Why not use Bitcoin using Lightning Network for purchases?
- Are stablecoin issuers replacing the role of a Bank?
- Do stablecoins follow ethos of Open Blockchain? ie 1) Opensource 2) Permisionless 3) Borderless 4) Censorhip Resistant 5) Neutral 6) Publiucly verifiable?
🟣 Cardano co-founder Charles Hoskinson has suggested a major shift in treasury strategy, proposing the conversion of $100 million worth of ADA into a combination of Bitcoin and Cardano-native stablecoins, such as USDM and USDA.
🟣 Speaking on a recent YouTube livestream, here https://shorturl.at/yjz6R Hoskinson explained:“We could take $100 million of ADA in the treasury, convert it to a blend of stablecoins incumbent in Cardano—like USDM and USDA—and some into Bitcoin to prime Bitcoin DeFi.” His views contrast with those of Cardano Foundation CEO Frederik Gregaard, who previously told CoinDesk that TVL is not a key metric for measuring blockchain adoption.
- Check out todays Blockchain DXB episode we share our commentary on this.
🔵Vietnam's National Assembly overwhelmingly approved landmark legislation Saturday, legalizing digital assets and establishing sweeping incentives for semiconductor manufacturing, artificial intelligence development, and digital technology startups. Official informaiton here https://shorturl.at/aGKKb The law, which takes effect January 1, 2026, defines digital assets as products "created, issued, transferred and authenticated using blockchain technology" with clear property rights under civil law.
🟠Two UAE news (See slides)
⚡️DGHR collaborates with Dubai AI Campus to accelerate AI-driven workforce development
⚡️SMC Healthcare eyes major Saudi growth with IPO launch, AI integration
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📍 AI-Powered Recap by Notebook LM | Hosted by RA George
🔴 Originally aired as a LinkedIn Live on:
🗓️ Monday, 27th May | 🕖 19:00 GST
🎥 Hosts:
Ralph Gebran, Managing Partner at Onramp MENA
RA George, Host of Blockchain DXB & Bitcoin DXB
Contact info for Ralph Gebran via LinkedIn here https://www.linkedin.com/in/ralphgebran/
Bitcoin Advisor & Educator | Helping HNWIs, Institutions & Sovereigns Navigate Custody, Access & Strategy | Managing Partner at Onramp MENA
Subscribe to Ralph's newsletter here - https://the-bitcoin-observer.beehiiv.com/subscribe
🧠 Note: This episode is 100% AI-generated using Notebook LM by Google, a tool that organizes, analyzes, and summarizes complex documents and conversations. It offers a uniquely structured recap based on our LinkedIn Live discussion.
RA George introduces Bitcoin DXB and outlines the goals of the discussion.
Ralph explains Onramp MENA’s mission and their work with institutional and regional Bitcoin adoption.
What qualifies Bitcoin as a reserve asset?
Satoshi Nakamoto’s cautionary advice:
“The project needs to grow gradually…”
Read more
Simon Dixon: Advocates for governments publicly holding BTC.
6 Forms of Money – Explainer
Briefed Boris Johnson in 2013; echoes in Trump’s 2024-2025 rhetoric.
Carlos Maslatón: Early proponent, claims $348M in BTC in 2014 would be ~$47B today.
President Milei aims to dismantle Argentina’s central bank.
First to legalize Bitcoin mining (2019); 1,000+ licenses issued.
BTC seen as a tool against sanctions.
BTC legal tender in 2021; may lose this status in Jan 2025 under IMF pressure.
Echoes Pakistan’s Bitcoin ambitions under Wakar Zaka.
Ricardo Salinas: From 10% BTC allocation in 2020 to 60% in 2022.
Banco Azteca integrates BTC.
Trump’s March 2025 Executive Order:
Strategic Bitcoin Reserve & Digital Asset Stockpile initiative.
Read more
States supporting BTC:
🟥 Republican: TX, AZ, GA, OK, WY
🔵 Democrat: IL, MA, MD, NM, MI
✅ Approved: NH (5% allocation), AZ (HB 2749), TX (Senate Bill 21)
May 2025 Remittance Tax Bill: 5% tax may fuel crypto adoption
Leading firms like MicroStrategy, Tesla, and Coinbase hold sizable Bitcoin reserves, signaling institutional confidence in BTC as a treasury asset.
Al Abraaj adds BTC to reserves – a regional milestone
Onramp MENA’s involvement briefly discussed
Still evaluating whether public or private entities may adopt BTC as a strategic reserve
CoinShares Report highlights optimal BTC allocations between 1–5%
📘 “A Little Bitcoin Goes A Long Way”
Short-Term Triggers:
🧮 CPI: bls.gov
🏛️ FOMC updates: federalreserve.gov
📦 Tariffs: whitehouse.gov
Long-Term Outlook:
Bitcoin’s role grows amid global economic volatility.
Holds 13,029 BTC, ranking #5 globally
Nigel Farage (UK), Sławomir Mentzen (Poland), Czech Central Bank Governor, and Swiss Referendum in progress
BTC is transitioning from cypherpunk origins to a macro-reserve asset
Final reflections by George & Ralph
📣 Call to Action:
Learn the evolving BTC landscape
Assess treasury strategies
Stay informed through credible, real-time sources
📍 This review was created using Notebook LM by Google – an experimental AI notebook built to help understand, summarize, and reason through complex information.
Want more AI-powered breakdowns like this? Subscribe to Blockchain DXB wherever you get your podcasts.
🎥 LinkedIn Live Event
Topic: Bitcoin Reserve – The Hype, Reality & Some Details
Date: Monday, 27th May
Time: 19:00 GST
Hosts:
Ralph Gebran, Managing Partner at Onramp MENA
RA George, Host of Blockchain DXB & Bitcoin DXB
Contact info for Ralph Gebran via LinkedIn here https://www.linkedin.com/in/ralphgebran/
Bitcoin Advisor & Educator | Helping HNWIs, Institutions & Sovereigns Navigate Custody, Access & Strategy | Managing Partner at Onramp MENA
Subscribe to Ralph's newsletter here - https://the-bitcoin-observer.beehiiv.com/subscribe
George:
Brief background on Bitcoin DXB
What to expect from this conversation
Ralph:
Intro to Onramp MENA
How Onramp supports institutional and regional clients
George: What is Bitcoin? How do we define it as a reserve asset?
Explore Satoshi Nakamoto’s caution in 2010:
“The project needs to grow gradually…”
Link to Satoshi’s quote
Simon Dixon: Vision for governments to announce BTC holdings
Brilliant explainer: 6 forms of money
2013: Invited by Boris Johnson to explain BTC
Trump’s recent declaration parallels Simon’s idea
Carlos Maslatón: Advocate for Bitcoin since 2014
$348M (2014) → ~$47B (2024)
President Javier Milei – Pro-Bitcoin, wants to shut down Central Bank
"Bitcoin is a reaction to the scam of central banking"
First country to legalize Bitcoin mining (2019)
Over 1,000 licenses issued
Sanction workarounds?
BTC became legal tender in 2021
Jan 2025: Legal tender status revoked under IMF pressure
Parallels with Pakistan and their IMF loan
Wakar Zaka: Pushed BTC mining agenda with Imran Khan
Ricardo Salinas:
10% in 2020 → 60% in 2022
“Hardest asset in the world”
Banco Azteca accepts BTC
Trump’s Executive Order (Mar 2025):
Creation of Strategic Bitcoin Reserve
Link: White House Order
No federal BTC purchases yet
Political Divide:
🟥 Republican-led states: Texas, AZ, GA, OK, WY, AL, PA
🔵 Democrat-led states: IL, MA, MD, NM, MI
✅ Approved states:
New Hampshire – Up to 5% public fund allocation
Arizona – Signed HB 2749
Texas – Senate Bill 21 passed (awaiting Governor signature)
Remittance Tax Bill (22nd May):
5% tax – could accelerate crypto adoption
Discussion of top Bitcoin-holding firms:
(Screen share of top 5 during session)
Al Abraaj adds Bitcoin to reserves – a regional first
Ralph to mention Onramp MENA’s role
Any public/private plans toward BTC as a strategic reserve?
Ideal BTC allocation (% of reserves)
CoinShares Report: “A Little Bitcoin Goes A Long Way”
Benefits of adding 1–5% BTC to portfolios
For financial advisors and asset managers
Short-term:
CPI: bls.gov
FOMC: federalreserve.gov
Tariffs: whitehouse.gov
Long-term:
Global instability → Bitcoin’s appeal as digital gold
Holds 13,029 BTC
Ranks #5 globally in BTC holdings
Nigel Farage, Poland's Sławomir Mentzen, Czech Central Bank Governor, Swiss Referendum (pending 100K signatures)
Bitcoin is evolving from a cypherpunk dream to a global reserve strategy
Final Thoughts from George & Ralph
Call to action:
Consider diversified BTC strategy
Engage with policy & financial institutions
Understand the macro landscape before making moves
🎙️ Blockchain DXB Podcast | May 26, 2025
📢 AI Takeover Series | Powered by Notebook LM by Google
🎧 Voice: 100% AI-Generated
Welcome to another powerful episode in the Blockchain DXB AI Takeover Series, where we dive into the latest developments shaping the world of crypto, blockchain, and AI. This episode is 100% AI-generated using Notebook LM by Google.
On May 23, 2025, President Donald Trump announced aggressive new tariffs:
50% on all EU goods
25% on iPhones manufactured abroad
This unexpected escalation in trade tensions sent ripples through global financial markets, sparking increased investor anxiety.
🟡 Bitcoin (BTC) reacted sharply, dropping to $107,000, as the world braces for potential economic instability.
The institutional race heats up! On May 23, BlackRock’s IBIT Bitcoin ETF:
Became the most traded ETF in the U.S.
Recorded a record daily inflow of $877M
Now holds $45B in total assets
Achieved $5.2B in trading volume, its second-highest ever
Bloomberg’s Eric Balchunas dubbed the moment a "classic feeding frenzy" as institutional interest surges.
On May 22, Cetus Protocol—Sui’s largest DEX—was hit by a $223M exploit:
Attackers used spoof tokens to manipulate oracle prices and drain liquidity pools.
Meme tokens like Lofi, Sudeng, and Squirtle dropped by up to 97%.
46 Sui tokens posted double-digit losses.
Key numbers:
$164M still held by the attacker on Sui
$61.5M USDC bridged to Ethereum
🚨 Cetus has paused contracts, fixed the vulnerability, and proposed an on-chain vote to return frozen funds.
🟢 Surprisingly, SUI token rose 2.2%, now trading around $3.53.
🔗 Source via Decrypt
The Wall Street Journal reported that major U.S. banks, including JPMorgan Chase and Bank of America, may explore launching a joint stablecoin via consortium-backed entities like:
The Clearing House
Early Warning® Services
Could this be genuine? Or is it just another round of speculative hype? As always, approach with caution.
🔗 Read More
Two major announcements from the UAE:
💡 Tarjama (Dubai) raises $15 million to scale its Arabic.AI solutions.
🚀 G42 (Abu Dhabi) partners with OpenAI, Oracle, and NVIDIA to launch the Stargate UAE initiative—part of a new Global Tech Alliance.
📊 Click here for slides
🔗 Connect with Blockchain DXB:
LinkedIn: RA George – Blockchain DXB
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🎤 Note: This episode is fully generated using Notebook LM by Google, part of our experimental AI Takeover Podcast Series, where artificial intelligence brings you breaking insights and market coverage.
🔻 Market Shocker: Trump’s Tariff Threats Hit Bitcoin💰 BlackRock’s IBIT ETF Hits All-Time Highs🔓 $223M Oracle Attack on Sui’s Cetus Protocol🏦 Big Banks Considering Joint Stablecoin?🇦🇪 UAE Tech Power Moveso support this channel:
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26th May: Blockchain DXB podcast🎙️
🚀Tariff Threats = BTC🔻BlackRock Dominates Bitcoin ETF Race 🚀Sui Ecosystem- $200M ‘Oracle Manipulation Attack’ 💯JPMorganChase + Bank of America - Stablecoin?
🔴On May 23, 2025, President Donald Trump announced plans to impose steep tariffs—50% on all European Union goods and 25% on iPhones manufactured abroad—as part of escalating trade tensions. This unexpected threat unsettled global markets, increasing uncertainty and risk aversion among investors. As a result, Bitcoin’s price dropped to around $107,000, reflecting concerns over the potential economic impact of heightened trade conflicts and market instability.
🎙️Check out the Blockchain DXB episode, where we share our commentary on this ❗
🔴BlackRock's IBIT Becomes Top-Traded ETF
- On May 23, 2025, BlackRock’s IBIT Bitcoin ETF became the most traded ETF in the U.S., pulling in $877 million in a single day—its highest ever daily inflow. It now boasts $45 billion in total assets and saw $5.2 billion in trading volume, the second-highest in its history. Bloomberg’s Eric Balchunas called the surge a “classic feeding frenzy,” as IBIT continues to dominate institutional Bitcoin exposure.
💯On May 22, 2025, Sui’s largest DEX, Cetus Protocol, suffered a $223M oracle manipulation attack. Exploiters deployed spoof tokens to distort price data and drain liquidity pools. Meme tokens like Lofi, Sudeng, and Squirtle crashed up to 97%, and 46 Sui tokens posted double-digit losses. The attacker still holds $164M on Sui and bridged $61.5M USDC to Ethereum.
❗Cetus paused contracts, identified and fixed the bug, and proposed an on-chain vote to return frozen assets, without a chain rollback. The incident sparked debate on Sui’s decentralisation and validator coordination. Surprisingly, the SUI token rose 2.2%, trading around $3.53. Info via Decrypt https://shorturl.at/RqbyK
- As of May 25, 2025, the Sui ecosystem continues to address the aftermath of the significant exploit on Cetus Protocol.
🚨The Wall Street Journal reported on Thursday https://lnkd.in/dukerHsc Banks Explore Venturing Into Crypto World Together With Joint Stablecoin. The discussions involve payments companies co-owned by JPMorgan Chase, other large banks. Knowing their recent history, it could be hashtag#fakenews? One bank consortium possibility that has been discussed would be a model that lets other banks use the stablecoin, in addition to the co-owners of The Clearing House and Early Warning® Services, the Journal said, citing unnamed sources.
🟠Two UAE news (See slides)
⚡Dubai’s Tarjama secures $15mln to accelerate Arabic.AI rollout
⚡Abu Dhabi's G42 teams up with OpenAI, Oracle and NVIDIA to build Stargate UAE - Global Tech Alliance Launches Stargate UAE
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🍕Bitcoin Pizza Day, Texas BTC Reserve, Hong Kong Stablecoins, Robinhood’s RWA, and More!
🧠 Powered by AI – Curated with Notebook LM by Google
Welcome to another episode of Blockchain DXB’s AI Series, where we explore cutting-edge news in crypto, blockchain, and AI. In this AI-powered episode, curated using Google’s Notebook LM, we’re diving into the hottest updates shaping the digital assets space on this historic day — Bitcoin Pizza Day!
🔸 Bitcoin Pizza Day + New BTC All-Time High
Today marks Bitcoin Pizza Day, commemorating the legendary transaction in 2010 when Laszlo Hanyecz spent 10,000 BTC on two pizzas — now worth a mind-blowing $1.9 Billion! Poetic timing as Bitcoin hits a fresh all-time high!
🔸 Texas Advances Bitcoin Reserve Bill (SB21)
Texas becomes the 3rd U.S. state to pursue a Strategic Bitcoin Reserve as Senate Bill 21 heads to Governor Greg Abbott’s desk. With Abbott’s pro-crypto stance and legislative backing, Texas continues to align crypto with its state goals.
🔸 Hong Kong Approves Stablecoin Legislation
Hong Kong’s government has passed its Stablecoins Bill, creating a regulatory framework for fiat-referenced stablecoin issuers. Only licensed firms can serve retail customers, aiming to protect investors, stabilize markets, and foster innovation.
🔗 Official Link
🔸 Robinhood Proposes RWA Exchange Framework to SEC
Robinhood is prepping its RWA Exchange (RRE) platform with a proposal to the U.S. SEC, focusing on real-world asset tokenization. Built on Solana and Base, the platform promises instant settlement, global KYC, and on-chain auditing, with a 3-year target of $10B TVL and 5M users.
🔗 Read Proposal
🔸 VanEck’s Avalanche-Focused PurposeBuilt Fund
VanEck is launching the PurposeBuilt Fund dedicated to the Avalanche ecosystem, investing in gaming, DeFi, and AI-focused projects. The fund emphasizes fundamentals-first investing, leveraging Avalanche’s strong tech and business case.
🔗 Via Blockworks
🔸 NYC’s Crypto Momentum – Eric Adams Leads the Way
New York Mayor Eric Adams delivered the opening remarks at the first-ever NYC Crypto Summit. Known for taking his first three paychecks in BTC, Adams is forming a crypto advisory council to support blockchain innovation.
📺 Watch Speech
🟢 Bitcoin Suisse AG gets ADGM Approval
The Abu Dhabi Global Market (ADGM)’s Financial Services Regulatory Authority has given in-principle approval to Bitcoin Suisse AG.
🏙️ Trump Towers Dubai Now Accepts BTC
Deus X Pay has enabled Bitcoin payments for real estate purchases at Trump Towers Dubai, merging crypto with luxury real estate.
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