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Whispers of a new player in the blockchain and cryptocurrency game are circulating, fueled by the recent reactivation of the dormant Twitter account, @MrGreed, after a 15-year silence. This unexpected resurgence coincides with record-high fear and greed indices in the crypto market, sparking speculation about a carefully orchestrated plan. Adding to the intrigue, Mr. Greed has launched a TikTok challenge, inviting participants to unleash their creativity with videos featuring a duck and the question, “Who’s Mr. Greed?”. The creator of the video garnering the most views within a week of the launch of the enigmatic financial game, “Greed,” will receive…

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Homepage > News > Business > This Week in AI: Biden administration’s AI chip exports restriction Biden administration proposes tiered restrictions on AI chip exports The Biden administration is making what looks like a final effort to implement measures that further protect the artificial intelligence (AI) hardware and innovation developed and exported from the United States. The administration has proposed a new policy that can go into effect as soon as January 10, to limit the distribution of semiconductors specializing in processing AI applications. The proposal introduces a three-tier ranking system to regulate AI hardware exports. Tier One countries can…

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South Korea’s Cube Entertainment is under scrutiny after its CEO, Kang Seung-gon, was accused of allegedly misleading investors into a cryptocurrency investment that resulted in significant financial losses. A coalition of investors has accused Kang of promoting Nestree, a cryptocurrency launched by South Korean blockchain firm Nestree Media Group, as a promising investment with guaranteed returns, according to a Jan. 9 report by local media outlet The Korea Economic Daily. Nestree Media Group advertised itself as a blockchain-based technology company specializing in community-focused messenger services and e-commerce platforms. Its cryptocurrency, Nestree, was listed on major South Korean exchanges, including Coinone…

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GOP leader and Billionaire businessman Donald Trump will be the first sitting U.S. President to hold meme coins. Magic internet money maybe, but the President has some.  Once sworn in as the 47th President of the United States, Donald Trump would be the only sitting U.S. leader in history with meme coin holdings. Arkham reported roughly $8 million worth of meme coins in Donald Trump’s crypto wallet. The White House returnee holds $5.5 million of TROG tokens, $1.5 million of a TRUMP meme, 1.3 billion GUA coins valued at almost $400,000, and $167,000 TRUMPIUS. Donald Trump used to be a…

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Blockchain tracking firm Lookonchain says one savvy crypto trader generated astronomical returns on an artificial intelligence (AI) related digital asset in just three months. According to Lookonchain, an anonymous trader pulled in massive profits after buying nearly 21 million utility tokens for the AI agent project ai16z (AI16Z). “This trader spotted ai16z early on October 25th, 2024. He bought 13.45 million ai16z with $70,000 and 7.45 million ai16z for $547,000. He currently holds 6 million ai16z ($11.04 million), with a total profit of $11.5 million – a 16,564% return!” AI16Z is trading for $1.37 at time of writing, down 20.4%…

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The fate of TikTok in the United States hangs in the balance as the Supreme Court deliberates a contentious ban that could see the app go dark by January 19. The justices, during over two hours of oral arguments on Friday, weighed national security concerns tied to TikTok’s parent company, ByteDance, against questions of free speech and corporate rights. The case, stemming from a congressional mandate that ByteDance divest its US operations or face a ban, has become a flashpoint in debates over foreign influence, privacy, and the First Amendment. The proposed ban stems from fears that the Chinese government…

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Este artículo también está disponible en español. After the recent market-wide selloff, Dogecoin has faced significant pressure, experiencing a 20% decline from its local highs. Despite the drop, the popular meme coin still holds a bullish structure, keeping investors optimistic about its potential for recovery. However, the current levels are critical, as Dogecoin is testing key demand zones that could determine its next move. Related Reading Top analyst and trader BigCheds recently shared a technical analysis on X, highlighting that DOGE is testing crucial demand at $0.31 on the daily time frame. This level has historically acted as a strong…

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Volatility continues to reign over the general crypto market, causing major digital assets like Ethereum to retest key support levels that previously prompted an upward move. With ETH experiencing notable bearish pressure, its price performance shows that the altcoin is on the verge of entering a crucial zone. A Potential Accumulation Zone Ahead For Ethereum Recent price movements show that Ethereum, the second-largest digital asset, is at a key moment that could determine its next direction. Technical analysis platform Rose Premium Signals delving into ETH’s price action highlights that the altcoin might be gearing up for an accumulation zone. The…

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The Graph has just announced the early access launch of Geo Genesis, a new Web3 browser and knowledge graph application that puts information-sharing front and center. Instead of focusing solely on digital assets, Geo Genesis gives communities the tools to collaborate on knowledge. The platform aims to show how users can work together to gather, verify, and shape fast-moving stories. By doing this, The Graph hopes to show that blockchain infrastructure can support fair community collaboration. Inside Geo Genesis At the core of Geo Genesis is a feature called “Spaces”. Each Space is like a shared workspace for a specific…

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US stocks plunged on Friday following a stronger-than-expected jobs report, tempering Wall Street’s hopes for additional interest rate cuts by the Federal Reserve in the near term. The Dow Jones Industrial Average sank by 592 points, or 1.4%, while the S&P 500 and Nasdaq Composite both dropped 1.3%. These declines pushed the major indices into negative territory for 2025, underscoring the market’s sensitivity to economic data. The December employment report revealed US payrolls surged by 256,000, significantly exceeding economists’ forecasts of 155,000. Meanwhile, the unemployment rate edged down to 4.1%, contrary to expectations of holding steady at 4.2%. The 10-year…

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