🤖AI Takeover 🤖 Global Crypto Insights 23rd Jan 2025 💯 Trump: Promises Kept ⚡ Tornado Cash Ruling 🟢 Circle Buys Hashnote ❗ Coinbase Solana Fix 🚨 UAE Crypto Wash Trading
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🎙️ **Episode Overview:**In this AI-crafted episode, we dive deep into the latest in the world of crypto, blockchain, and AI. Using Notebook LM by Google, this episode has been entirely curated by AI to bring you the most important updates and insights. Tune in for an AI-powered commentary and analysis of the top headlines shaping the industry!

🔗 Don’t miss: Listen to the full Blockchain DXB) episode for an in-depth review of these stories and more.

• Former U.S. President Donald Trump pardoned Ross William Ulbricht, the founder of Silk Road, calling it a move toward justice.

• Trump also announced a $500 billion ‘Stargate’ AI infrastructure project. The announcement was joined by key industry leaders:

• The announcement boosted the price of Worldcoin (WLD) by 25%.

• Watch the full video here).

• A U.S. court in Texas overturned OFAC’s 2022 sanctions against Tornado Cash, a crypto mixing protocol accused of laundering funds for the Lazarus Group.

• Despite the legal victory, Alexey Pertsev, Tornado Cash developer, remains in custody, charged with laundering $1.2 billion.

• The court emphasized the need for privacy in blockchain transactions and limited OFAC’s authority over immutable smart contracts.

• Circle announced its acquisition of Hashnote and launched the USYC Tokenized Money Market Fund, alongside a strategic partnership with global trading firm DRW.

• The partnership will enhance liquidity and adoption of USDC and USYC.

• Circle plans to deploy native USDC on the Canton blockchain to enable 24/7 financial transactions in traditional finance (TradFi).

• Read the official announcement here).

• Coinbase resolved transaction delays on the Solana blockchain caused by the TRUMP Memecoin Frenzy.

• Key outcomes:

• UAE-based CLS Global pleaded guilty to market manipulation and wire fraud for faking trading volumes of the NexFundAI token.

• Fines: $428,059 and an annual compliance certification requirement.

• Official details available here).

• ⚡ Dubai Press Club and Dubai Media Academy launch a training program on AI’s transformative role in media.

• ⚡ KSA’s Aramco partners with SandboxAQ for AI collaboration.

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