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🤖AI Takeover🤖 📃 GENIUS Act Signed ✅ 🖥️ Bitcoin Core Fixes Disk Fill Bug 🐞 💰 CoinDCX Suffers $44M Hack 🚨 🏛️ UK Politics & Crypto Ban Debate 🔒
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🎙️ 21st July – Blockchain DXB Podcast (AI Takeover Series)
This episode was created entirely by AI using Notebook LM by Google as part of the AI Takeover series on the Blockchain DXB podcast.
🇺🇸 On July 18, 2025, President Donald J. Trump signed the GENIUS Act into law, setting clear federal rules for stablecoins, requiring 100% reserve backing, monthly disclosures, and AML compliance with powers to freeze or burn assets. It aims to strengthen the U.S. dollar’s global status and position America as a crypto leader. Concerns remain about regulatory overreach, privacy, impact on DeFi, and uncertain implementation timelines.
🛠️ Bitcoin Core fixed a 5-year disk fill bug that allowed attackers to crash nodes. Only 16% of nodes run the latest version, so manual updates are essential, showing the balance between decentralization and update speed.
🇬🇧 UK’s Reform party accepts Bitcoin donations, sparking debate after Minister Pat McFadden suggested banning crypto donations.
💸 Indian exchange CoinDCX lost $44M in a hack from an internal liquidity account; user funds were safe. Funds were traced through Tornado Cash and cross-chain bridges.
🎧 Tune in for AI-driven insights on these major crypto events.
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