Public Investment Bank Bhd predicts that President-elect Trump’s administration is unlikely to fully reverse Biden’s AI chip export restrictions and computing capacity limits. As Biden’s term ends, could these measures be a strategic parting move with lasting implications for the tech landscape?
CatherineVitalik Buterin’s update to his profile picture, using an image from the Milady Maker collection, triggered a significant increase in the collection's floor price and trading volume. The NFT's market capitalisation rose to $21 million, with notable gains for the related CULT token and other Remilia collections.
AnaisIndonesia is considering a law to restrict social media access for children to protect them from online dangers, though concerns about privacy and data security have arisen. Many parents support the measure, but advocates call for a balance between child protection and digital rights.
WeatherlyThe Trump administration omitted cryptocurrency from its priority list and inaugural speech, triggering an over 30% drop in Trump’s meme coin. While optimism persists, concerns over long-term support are growing.
CatherineArthur Hayes is skeptical about Donald Trump's plan to establish a U.S. Bitcoin reserve, questioning its practicality and priority among other government needs. Despite Trump's past interest in crypto, Hayes believes the Bitcoin reserve is unlikely to happen, as other political concerns will take precedence.
JoyWith Gary Gensler out as SEC Chair, the crypto industry celebrates. President Trump has named Commissioner Mark Uyeda as acting chair until Paul Atkins is confirmed by the Senate.
KikyoSam Altman took to X to temper growing excitement about OpenAI's progress, addressing speculation that the company had secretly achieved superintelligence. He, along with other team members, worked to quell the hype and clarify the company's current capabilities.
CatherineGoogle Trends shows a surge in interest in buying cryptocurrency, driven by President Trump’s meme coin launch, inauguration, and anticipation of crypto-friendly policies, which has propelled digital assets into the mainstream.
KikyoThe launch of President Trump's Department of Government Efficiency (DOGE) has faced multiple lawsuits challenging its legality and transparency. Despite these legal hurdles, Elon Musk continues to lead the panel, while Vivek Ramaswamy steps down to run for Ohio governor.
WeatherlyCuba's Ministry of Foreign Affairs' X account was linked to a series of controversial memecoin launches, including the "CUBA" token, which saw a rapid rise and fall, leading to accusations of a pump-and-dump scheme. Although the Ministry claimed the account was hacked, the incident remains clouded in speculation and confusion, with investors expressing frustration.
Anais