EPISODE · May 9, 2024 · 47 MIN
Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 09th May 🟢 Ethereum Proposal EIP 7702 - Vitalik Buterin 💳Mastercard + US banks work on Tokenization 👀Robinhood V/S SEC 🔻Grayscale Withdraws Eth ETF
from Blockchain DXB · host Blockchain DXB
09th May: Crypto & Coffee at 8 🟢 Ethereum Proposal EIP 7702 by Vitalik Buterin 💳Mastercard + US banks work on Tokenization 👀Robinhood receives Wells notice by SEC 🔻Grayscale Withdraws Ethereum ETF 🟢 EIP 7702 Targets Enhanced Security and Compatibility Ethereum Improvement Proposal (EIP) 7702 represents a pivotal advancement in Ethereum’s ecosystem, targeting enhanced security and compatibility. Authored by Vitalik Buterin along with co-authors Sam Wilson, Ansgar Dietrichs, and Matt Garnett. More info via GitHub here https://t.ly/PgcE5 🟢 EIP 7702 enhances Ethereum’s security and compatibility by avoiding obsolete opcodes, integrating with EIP 4337 for quantum computing readiness, and introducing a new transaction type. It simplifies interactions, reduces costs, and prioritizes user security. This proactive approach makes Ethereum resilient against future threats. 🎙️Check out Blockchain DXB podcast we explain this in detail. Also see slides 1 & 2 below for macro details of #defi, #stablecoins #BTC & more 💳 Mastercard, along with major US banks like Citigroup, Visa, and J.P. Morgan, is testing distributed ledger technology for banking settlements using tokenization. They’re trialing the Regulated Settlement Network (RSN), which streamlines settlement processes by converting various assets into tokens and settling them on a single platform. The ongoing trials, building on a previous 12-week pilot phase, now focus on simulating US dollar settlements. Source via Bloomberg https://t.ly/KXhMK 👀 Robinhood, a major American crypto exchange, received a Wells Notice from the U.S. Securities and Exchange Commission, suggesting possible enforcement action for alleged breaches of securities laws. Details of the wells notice can be seen here https://t.ly/tlQVt via StreetInsider.com As a result of the news, Robinhood’s share price fell 2.5% before the market opened, hitting $17.95 at 12:50 p.m 🔻 This news led to discontentment among investors. Additionally, a significant amount of Dogecoin was cashed out as Robinhood faced increased outflows. Dogecoin’s price dipped below $0.15 despite rising trading volumes, partly due to these developments and the liquidation of long positions worth nearly $4M. 🟢 James Seyffart, CFA, CAIA mentioned via Twitter (x) that Grayscale Investments just withdrew their 19b-4 filing for an #Ethereum futures ETF. Info here https://t.ly/QAxyf But Grayscale’s strategic Ethereum trust retraction filing raises questions. According to the James was Ethereum futures ETF was e essentially a trojan horse filing i, in order to create the same circumstances that allowed Grayscale to win the GBTC lawsuit (approve futures deny spot) but withdrawing doesn’t make sense right? 🟠 Two UAE news ⚡ Chainalysis sets up regional HQ in Dubai amid local crypto boom ⚡ Trezi to transform UAE’s AEC landscape in the Metaverse era For slides click here: https://t.ly/lmCN- LinkedIn Profile: https://tinyurl.com/bdeevbru To support this channel: ⚡ Advanced Media ⚡ https://www.amt.tv/ ⚡ Ledger Wallet 🔑 https://shop.ledger.com?r=ae54df359c4d ⚡ https://startupoi.com/ ⚡ Download the App ⚡ The Race Space Podcast 🎙️ Instagram: @theracespoacepodcast Podcast Host: @black_incarnation ⚡ Buy me Coffee ☕ https://www.buymeacoffee.com/info36/w/6987 To show your support see below ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795 ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28
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Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 09th May 🟢 Ethereum Proposal EIP 7702 - Vitalik Buterin 💳Mastercard + US banks work on Tokenization 👀Robinhood V/S SEC 🔻Grayscale Withdraws Eth ETF
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