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The New York Times exposed the White House encryption czar's corruption, with David Sacks involved in insider trading profits of 100s of billions of dollars.

The New York Times investigation reveals serious conflicts of interest during the tenure of White House AI and crypto chief David Sacks, who holds 708 technology investments, of which at least 449 are related to AI, and uses his government position for personal and friends' benefit, involving amounts up to 100s of billions of dollars. This article is based on the New York Times article "Silicon Valley’s Man in the White House Is Benefiting Himself and His Friends," compiled, translated, and authored by Foresight News. (Background: White House crypto czar David Sacks: Confident that the "crypto market structure law" will pass this year, providing regulatory clarity for the industry) (Background supplement: Crypto czar insider trading? Davi
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Elon Musk predicts: AI will solve 38 trillion dollars of U.S. debt within 3 years, and humans will no longer need to work in 20 years.

On Sunday, Musk revealed in a podcast with Indian entrepreneur Nikhil Kamath that the only way for the U.S. to escape its $38.34 trillion debt crisis is through a productivity revolution driven by AI and Bots. He predicted that within 3 years, the output of goods will surpass the rate of inflation, and within 20 years, humanity will enter an "all-high-income" era. (Background: Musk becomes the first billionaire to surpass $500 billion! The resonance of Tesla, SpaceX, and xAI as three engines) (Additional context: Tesla's Optimus Bots "Kung Fu Fighting" like a real person awakening! Musk: The V3 version is very different) The world's richest man, Elon Musk, made a shocking statement during his podcast conversation with Indian venture capitalist Nikhil Kamath on Sunday: the only way for the U.S. to escape $38.34.
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Decoding Argentina: The Daily Life of a Web3 Invisible Powerhouse, Stablecoins Have Become a Necessity for Survival

Argentina has the highest stablecoin adoption rate in the world (61.8%), and Crypto payments have become a part of everyday infrastructure. Thousands of exchange currency shops line the streets, with Ethereum core contributors gathering together. How did this South American country become a Web3 superpower? (Background: Argentina's inflation surged by 37% in a single month! U.S. aid has been useless, and citizens are frantically buying Bitcoin and stablecoins as a hedge) (Additional context: Promoting the Libra meme coin is not illegal! Argentina's anti-corruption office: The president has freedom of speech, and he is not guilty of misconduct) I've been in Argentina for almost two weeks attending Devconnect, and it is the furthest country from China. There are fewer attendees this time, mostly developers and builders. I hope this article can help bridge some information gaps. First, let me talk about a few counterintuitive phenomena I've observed here: · Argentina is the country with the highest stablecoin adoption rate in the world,
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The Chinese government has officially expressed its stance on stablecoins, marking the end of the gray fantasy era for StableCoin.

China's regulatory authorities have for the first time explicitly defined stablecoins as a form of virtual money in formal documents, incorporating them into the regulatory framework for illegal financial activities. All the ambiguity, speculation, and loopholes surrounding stablecoins in the past few years have now completely disappeared. This article is sourced from a piece written by Mankun Blockchain Legal Services, organized, translated, and authored by Techflow. (Background: The People's Bank of China announced a united action to "crack down on speculation in cryptocurrency trading": stablecoins and others are considered illegal financial activities) (Supplementary background: $4.6 billion in stablecoin trading volume "drowns South Africa", the Central Bank is worried: it poses a risk to the financial system, and the sovereignty of the Rand currency is challenged) The industry no longer needs to repeatedly test around "gray possibilities". This was a meeting on the 28th, the importance of which far exceeds the news headlines themselves. A complete set of "national-level supervision" from the Ministry of Public Security, the Cyberspace Administration, the Central Financial Office, the two high courts, the State Administration of Foreign Exchange, the China Securities Regulatory Commission, and the Financial Regulatory Bureau, etc.
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a16z: With frequent reports of violent kidnappings, how can blockchain professionals protect their personal safety?

The incidence of violent crimes in the cryptocurrency field is increasing, with kidnappings and armed robberies occurring frequently. A former U.S. Secret Service agent shares 35 years of security experience, teaching you how to stay alert in daily life and the crypto industry, establish protective habits, and avoid becoming the next target. This article is based on a piece by Carl Agnelli, organized, translated, and written by Wu Talks Blockchain. (Background: Suspicions arise over the kidnapping of the founder of the Cold Wallet Ledger - is a Bitcoin ransom involved? The community refutes the claims, but the individual does not respond.) (Supplementary background: A man mistaken for a Bitcoin Whale narrowly escapes kidnapping, forced his family to live on the run due to threats to his child.) Imagine this: your family is abducted from your home, or you are forcibly shoved into a car by armed assailants, or even your finger is cut off by criminals as a ransom demand. These scenarios are unsettling and even somewhat brutal, but they are not hypothetical. These events have happened in reality - and they are ongoing.
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Strategy CEO: Bitcoin will only be sold when the MicroStrategy mNAV falls below 1 and financing is interrupted. How is the net asset value calculated?

MicroStrategy holds 650,000 Bitcoins, but faces risks of stock price discount and passive selling. The CEO stated that they would only consider selling Bitcoin if the stock price falls below the net asset value and financing is not possible. The current mNAV is 1.13, which has not yet fallen below 1. The market is concerned about whether the company can avoid a bottom dumping.
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Fei-Fei Li talks about the next step for LLM: AI must possess "spatial intelligence" to understand the real world. How does Marble achieve this?

Fei-Fei Li, the founder of World Labs and renowned as the "AI Godmother," accepted an interview to discuss how AI needs to go beyond language and develop "spatial intelligence" so that machines can truly understand and construct the 3D physical world. (Background: a16z's former partner released a significant tech report: How AI is consuming the world?) (Context: Ray Dalio from Bridgewater: It is still too early to sell AI stocks! Because the "long wick candle" that will burst the bubble has not yet entered the scene.) At a time when large language models are sweeping the globe, Fei-Fei Li, a Stanford University professor hailed as the "AI Godmother," has already turned her attention to the next frontier of artificial intelligence: spatial intelligence. After leaving Google Cloud, Fei-Fei Li founded the highly anticipated startup World Labs and launched the first global model.
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Not just a currency revolution: historical, technological, and financial triple proof of why Bitcoin will not be eliminated

From the perspective of technological history, the value of the protocol layer, and the incremental demand in the AI era, Bitcoin is not a first-generation technology but an irreplaceable global settlement layer, whose mission has just begun. This article is derived from a piece by @zzmjxy, organized, translated, and written by PANews. (Background: Texas purchased $5 million of BlackRock Bitcoin ETF, buying the dip at $87,000 (What about other states’ progress?)) (Additional background: How to survive the Bitcoin winter? Investment strategies, recommendations, and bottom assessments) When market sentiment cools, the narrative that "Bitcoin is dead" always resurfaces. The core assumption of this argument is: Bitcoin, as a first-generation blockchain technology, will eventually be replaced by its successors, just like the fate of all pioneering technologies in history. This assumption seems logically impeccable — but it is wrong. The curse of first-generation technology and Bitcoin's exception The lessons of technological history are brutal.
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Rich Dad: The epic bubble of Japan's 30-year "end of interest rate differential trading" is coming, and I will teach you ten ways to save your life.

Robert Kiyosaki predicted that the global asset bubble would burst due to Japan ending its 30-year interest rate differential trading in his book "Rich Dad Poor Dad." He plans to provide ten investment recommendations to help ordinary investors grow wealth amid market fluctuations, and has already proposed the first recommendation: invest in the energy industry. Kiyosaki emphasized that there are still opportunities to get rich even in economic difficulties.
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ChatGPT's third anniversary: The battle of large models comes to a close, but where is the real moat?

OpenAI's ChatGPTAI has been around for three years now. The real battlefield has shifted to Computing Power, costs, and ecosystems. Ultimately, the outcome may not depend on the model itself, but on who can build AI into a sustainable operating system. (Background: ChatGPT will support direct PayPal payments in 2026, the final piece of OpenAI's e-commerce empire.) (Additional Background: A look at the three major functions of OpenAI's native browser "ChatGPT Atlas"—can AI agents shake Chrome's dominance?) Since ChatGPT was launched on November 30, 2022, it has been exactly three years today, and the evolution speed of the entire tech industry has been astonishingly fast. Back then, everyone thought the AI race would be a pure "model war": whose model parameters...
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Former NASA engineer: Building a space data center is the worst idea I've ever heard.

A former NASA engineer and Google cloud expert explains why establishing data centers in space is a completely impractical idea, filled with challenges in areas such as power supply, heat dissipation, and radiation tolerance. This article is based on a piece written by Taranis, organized, translated, and authored by Dongqu. (Background: This man wants to send Bitcoin mining rigs into space: infinite sunlight + zero cooling costs is the holy grail of BTC mining) (Context: Moving the Three Gorges Dam to space, China plans to build a solar-powered space power station, will humanity welcome energy freedom?) To clarify, I am a former NASA engineer/scientist with a PhD in space electronics. I also worked at Google for 10 years, having been in various departments of the company, including YouTube and the cloud division responsible for deploying AI computing capabilities, so I am well qualified on this topic.
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Tether CEO Paolo Ardoino responded to S&P classifying USDT as "junk grade": Smear campaigns are our proudest badge of honor.

S&P has downgraded USDT to "lowest grade", with Tether officials emphasizing that existing cash flows can easily fill the risk gap, while CEO Paolo Ardoino responded, "Your disdain is our badge of honor." (Background: Tether announced an investment in the digital asset infrastructure platform Parfin: Accelerating the adoption of USDT in Latin America) (Supplementary background: Tether's Golden Empire: Tether's ambition and fractures of a "borderless Central Bank") On November 26, S&P Global Ratings suddenly downgraded the stability score of the stablecoin Tether, which has a market capitalization of approximately 184 billion USD, to the lowest level 5. The report pointed out that the proportion of Bitcoin, gold, and corporate bonds in USDT reserves is too high, impacting the adequacy of the buffer capital. A few hours later, Tether issued a statement and
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The People's Bank of China announced a "joint action to combat speculation in Crypto Assets trading": stablecoins and other activities are considered illegal financial activities.

China upgrades crackdown on stablecoins, crypto assets, Bitcoin... The People's Bank of China leads 13 official departments to block "capital outflow." (Background: The Governor of the People's Bank of China, Pan Gongsheng: insists on a strict crackdown on crypto assets! Stablecoins are still in the early stages of development, promoting the development of the digital yuan.) (Supplementary background: Is China's crypto ban ineffective? Reuters: Bitcoin mining computing power has surged to 14%, re-emerging as the world's third-largest mining country.) The Chinese crypto community is dancing wildly, while the authorities are building high walls. On November 29, the headquarters of the People's Bank of China once again announced major news on cracking down on virtual money (crypto assets), declaring that more than ten ministries participated in a closed-door meeting, announcing that the crypto ban established in 2021 not only remains in effect but will be further tightened. In the face of the warming attitude of the United States towards crypto assets after Trump returns to the White House, Beijing chooses to build walls inward, with a clear reason: to prevent capital from flowing out. The crackdown escalates, the old ban.
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What is Vitalik's intention in promoting Kohaku and donating 256 ETH?

Vitalik promotes Kohaku and donates 256 ETH, involving the evolutionary logic of three modes: "absolute privacy", "optional privacy", and "privacy is security", aiming to upgrade privacy from an optional feature to a standard prerequisite for blockchain security. (Background: Vitalik states: Ethereum's gas limit will increase by 5 times in 2026, but inefficient operations will be penalized 5 times!) (Additional context: Vitalik signs the "No Trust Declaration", how account abstraction rewrites private key, security, and on-chain experience) Many people do not understand what @VitalikButerin's intention is in promoting Kohaku and donating 256 ETH. If you think it is just a charitable donation, you are gravely mistaken: it involves the evolutionary logic of three modes: "absolute privacy", "optional privacy", and "privacy is security".
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No wonder Buffett finally bet on Google.

Buffett made his first investment in Google at a high premium of about 40 times free cash flow, becoming a standout in its AI-themed stocks. With the launch of the Gemini 3 model and self-developed TPU chips, Google has made a comeback in the AI competition, demonstrating strong Computing Power sovereignty, challenging the market positions of OpenAI and Nvidia.
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