Blockchain DXB 🔴 21st July 🔴 📜 GENIUS Act into Law 💻 Bitcoin Core Ends 5 year Disk Fill Bug 💸 CoinDCX hacked $44M but funds are safe? ⚫️UK politics & crypto ban

🎙️ 21st July – Blockchain DXB Podcast

In this episode we cover key updates shaping digital assets and crypto policy:

🇺🇸 GENIUS Act Signed Into Law
On July 18, 2025, President Donald J. Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act. It sets clear rules for stablecoins, 100% reserves with monthly reports, and AML controls including freeze/burn powers. The Act aims to boost U.S. Treasury demand and make America a crypto hub. Concerns remain over regulatory overreach, privacy risks, DeFi impact, and global competition as innovators may move abroad.

🛠️ Bitcoin Core Bug Fix
A 5‑year disk fill bug letting attackers crash nodes is finally patched. Only 16% of nodes run Bitcoin Core 29.0, so manual updates are vital for network health and stability.

🇬🇧 UK Politics & Crypto Donations
Reform UK now accepts Bitcoin via Radom, sparking debate after Minister Pat McFadden suggested banning crypto donations, raising questions on transparency and fairness.

💸 CoinDCX Hack
Indian exchange CoinDCX lost $44M from an internal liquidity account; user funds remain safe and the treasury will absorb losses.

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