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cover of episode 🤖AI Takeover 🤖 👿 U.S. Treasury Hacked, ⚡ Tether Adds BTC, 🚨 Russia’s Bitcoin Trade, 🟢 Argentina Freezes $3.5M USDT

🤖AI Takeover 🤖 👿 U.S. Treasury Hacked, ⚡ Tether Adds BTC, 🚨 Russia’s Bitcoin Trade, 🟢 Argentina Freezes $3.5M USDT

2024/12/31
logo of podcast Blockchain DXB

Blockchain DXB

Shownotes Transcript

**⚠️ Disclaimer:**This episode was entirely AI-generated using Google’s Notebook LM. Please note that Google’s Notebook LM has been criticized for being extremely left-leaning and displaying strong bias, which is inappropriate for AI-driven content creation. Listeners are encouraged to remain aware of potential biases and consume information critically. Blockchain DXB) Podcast – December 31, 2024

Topics Covered:

  • 👿 U.S. Treasury Department Hacked

  • 🟢 Tether Adds Bitcoin to its Reserves

  • 🚨 Russia Uses Bitcoin for International Trade

  • 🟢 Argentine Authorities Freeze $3.5 Million in USDT

  • Date of Breach: December 8, 2024.

  • Perpetrators: Chinese state-sponsored hackers.

  • Method: Exploited BeyondTrust security keys, accessing employee workstations and unclassified documents.Analysis in This Episode:

  • U.S. response to the attack.

  • Denials by China.

  • Broader geopolitical implications.

  • Impact on Bitcoin price and market sentiment.

  • Exploring Bitcoin’s nature in a trustless, decentralized world.

  • Transaction Details: $700 million worth of Bitcoin added on December 30, per Arkham on-chain data.

  • Significance: Reflects Tether's growing reliance on Bitcoin for corporate reserves.

  • Net Profit: Tether.io is closing the year with over $10 billion in net profits.Read more: Fortune article).

  • Why Bitcoin? To bypass Western sanctions and SWIFT removal.

  • Key Updates:

  • Case: Tied to Rainbowex, an alleged pyramid scheme.

  • Key Findings:

  • Supporters in Investigation: Lemon, Chainalysis, and other firms.Read more: Bitcoin.com article).

  • Crypto Jobs List partners with Dubai Islamic Bank.

  • Messier Tech LTD registers in the UAE, opening new opportunities in crypto and blockchain.

  • Slides for Today’s Episode: Click Here)

  • Follow Us on LinkedIn: Blockchain DXB)

This podcast, including all content and insights, was entirely crafted with the assistance of Notebook LM by Google.

To support this channel:

https://www.patreon.com/BlockchainDXB

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