Episode Details

 20th Nov: Blockchain DXB Podcast
🔴 Teresa Goody Guillén new SEC chair? ⭐Sky USDS stablecoin on Solana 👀 Lido DAO Partners Liable After Court Ruling 🚀 Dogecoin Large Transactions surge 🚀
🔴 Trump Considers Teresa Goody Guillén for SEC Chair
- President Donald Trump is considering Teresa Goody Guillén, a former SEC attorney and blockchain law expert, to lead the SEC. Known for her experience in both SEC enforcement and representing blockchain companies, She is seen as a strong pro-crypto candidate. The Trump team aims to overhaul the U.S. Securities and Exchange Commission by shifting away from the "regulation by enforcement" approach under Gary Gensler, and Goody Guillén is favoured for her understanding of both traditional and crypto markets. Trump plans to select the new SEC chair before Thanksgiving.
🔥USDS is live on Solana:
- USDS, the first major DeFi-native stablecoin on Solana, is now live, offering new opportunities for lending, borrowing, and trading. Early adopters can earn over 500,000 USDS in weekly rewards across top DeFi platforms like Kamino Finance, Drift Protocol, and Save Finance. Series of tweets here https://t.ly/Gnbt8
❗Additional rewards are available for users bridging USDS to Solana via Wormhole, with integrations across platforms like Jupiter, Raydium, Phantom, and Orca.
🔥 The case Samuels v. Lido DAO, filed in December 2023 in California federal court, involves Andrew Samuels accusing Lido DAO and related companies of securities fraud. The lawsuit claims violations of federal securities laws and has seen several procedural steps, including summons, motions to dismiss by the defendants, and an updated complaint in April 2024. Court documents here https://shorturl.at/JheJN
🎙️ Check out today's Blockchain DXB episode we discuss this in detail. We also share
- What is a DAO?
- Benefits of Legal Protection for DAOs
- Negatives of Legal Protection for DAOs
🚨 Should DAOs Have Legal Protection at All? DAOs are inherently a governance mechanism designed to move away from traditional governance models.
👀 According to analytics platform IntoTheBlock https://shorturl.at/PY3Gy Dogecoin has seen a surge in activity, with large transactions rising by 41% in the last 24 hours, signalling increased involvement from whales or institutions. Despite a price correction that dropped Dogecoin below $0.40, the blockchain also recorded a 35% increase in active addresses. This suggests sustained investor interest, with large holders remaining active in the market, indicating that the correction may not end the positive sentiment around Dogecoin.
🟠 Two UAE news (See slides)
⚡ Unlocking the Full Potential of AI in the Middle East - Report by Amazon Web Services (AWS) download here https://shorturl.at/kFZRt
⚡ M2 Engages Haruko for Position and Risk Management Across the Trea