Blockchain DXB: 🔴 28th Jan🔴 DeepSeek impact 🚨Roger Ver has appealed to Donald Trump 🔴Nasdaq Proposes In-Kind Redemptions for BTC ETF ❗KuCoin Pleads Guilty - $300M in Fines
Blockchain DXB
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28th Jan: Blockchain DXB Podcast 🎙️🔮 DeepSeek impact 🚨Roger Ver has appealed to Donald Trump 🔴Nasdaq) Proposes In-Kind Redemptions for BTC ETF ❗KuCoin Pleads Guilty - $300M in Fines🔮 DeepSeek - A Temu AI on steroids?- DeepSeek’s AI Assistant surpassed OpenAI’s ChatGPT to become the most downloaded free app in the U.S. on the Apple App Store. Meanwhile, global tech stocks, including AI chip giant Nvidia, saw a decline, with Nvidia dropping 10%.- Bitcoin & Global crypto market did suffer a setback but the prices have pumped up since the last few hours- The National News) is stating The company’s potential disruption has caused a ripple effect in the stock market, with Nasdaq and S&P 500 futures falling, and tech stocks, including Nvidia, experiencing declines. Article here https://shorturl.at/sU9py)- Reuters) is reporting that DeepSeek hit by cyberattack as users flock to Chinese AI startup https://shorturl.at/9Hxm6)🎙️Check out the Blockchain DXB) episode for today we share our experience using it and commentary👨🏼⚖️ Bitcoin Jesus Roger Ver) has appealed to President Donald Trump for assistance in resolving a dispute with the US IRS over a $48 million payment. Video via YouTube) titled Bitcoin Jesus: The Rise, Legacy, and Fight for Freedom here https://shorturl.at/9GkIS)🚨Nasdaq) has proposed allowing institutional investors in BlackRock)’s Bitcoin ETF to redeem shares for Bitcoin instead of cash, streamlining operations, cutting costs, and reducing market impact. This in-kind redemption model could improve efficiency, tax benefits, and market stability. The change comes as Bitcoin ETFs grow, with Nasdaq responding to evolving regulations and increasing institutional demand. If approved, it could enhance the appeal of Bitcoin ETFs, benefiting both institutional and retail investors. Info via Bitcoin Magazine) here https://shorturl.at/hl9Bu)🔥 Could in-kind redemptions for BlackRock’s Bitcoin ETF stabilize Bitcoin’s price by reducing sell pressure and attracting more institutional investment?❗ KuCoin Exchange) co-founder Michael Gan stepped down from all roles at the company as part of a settlement agreement following charges of operating an unlicensed money-transmitting business. KuCoin pleaded guilty and agreed to pay nearly $300 million in fines and forfeitures. The settlement includes a $113 million fine and $184.5 million in forfeitures. Founders Gan and Ke Tang signed deferred prosecution agreements, avoiding further legal action and forfeiting $2.7 million each. Gan described the resolution as favourable, emphasizing that they did not intend to violate U.S. laws. Press release here https://shorturl.at/aeb4p)🟠 Two UAE news⚡ DP World) aims to introduce accessible, instant, and transparent cross-border payment solutions powered by stablecoins⚡ Rackspace Technology) and Dubai Health) Partner to Explore Establishing a Healthcare Digital Hub
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