🎙️ Blockchain DXB — AI Takeover Series🗓️ Episode Date: 28th April 2025🤖 Note: This episode is fully created using AI as part of the Blockchain DXB AI Takeover series, powered by Notebook LM by Google.
Episode Highlights:🚀 Bitcoin ETF Inflows Surge
- Bitcoin ETFs recorded $442 million in inflows yesterday.
- Total assets under management hit $108 billion, the highest since February 2025.
- Bitcoin is recovering from the low $80,000 range, with a current market cap of $1.86 trillion.
- Market boost linked to:
- Trump's comments on tariff reductions with China.
- Stronger correlation with Nasdaq (up 5% last week).
- Weaker U.S. dollar.
- Increased correlation with gold and bullish technical signals.
🎯 Ethereum Layer 1 Scaling: Vision to Execution
- Tomasz Stańczak (EF Co-Executive Director) shares updates post-leadership changes.
- Vitalik Buterin focuses on deep research over coordination, pushing advancements in:
- zkVMs, RISC-V, and near-term scaling.
- Research priorities include:
- L1 scaling, L2 support, UX improvements (via Pectra, Fusaka, Glamsterdam).
- Vitalik also proposed privacy features for Ethereum that anonymize transactions, ideally enabled by default.
🔵 Circle’s New Payment Network
- Circle launches a payments and remittance network from its NYC HQ at One World Trade Center.
- Targeting banks, fintechs, and USDC partners.
- Aims to rival Visa and Mastercard.
- Announcement follows delayed IPO plans.
- More details via CoinDesk ➔)
⚫ Blocksquare + Vera Capital: Tokenizing $1B U.S. Real Estate
- Launching with a $5.4M property in Fort Lauderdale.
- Investors can access tokenized commercial and multifamily assets across seven U.S. states.
- More details via Chainwire ➔)
🔵 WazirX Update
- After the $234.9M hack in July 2024, WazirX is near a comeback.
- Singapore High Court hearing set for May 13 to approve restructuring and compensation.
- If approved, payouts and relaunch will begin within 10 business days.
- If not approved, repayments could be delayed until 2030.
🟠 Two UAE Highlights
- ⚡ Dubai launches ASCEND: The world’s first AI-powered compliance verification platform for public finance.
- ⚡ Fuze: Secures a retail payment and card schemes license from the Central Bank of the UAE.
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