Two Chinese artificial intelligence chatbots outperformed some of the world’s most advanced models, including OpenAI’s ChatGPT, in an autonomous cryptocurrency trading competition that ended Tuesday. Budget AI models QWEN3 MAX and DeepSeek finished first and second in the trading challenge, outpacing higher-profile and more expensive competitors. QWEN3 was the only AI chatbot to generate positive…
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The Chinese budget AI model QWEN3 was the only one to generate positive returns, while its more heavily funded competitors returned significant losses. Source link
The FTX Recovery Trust dropped a motion to limit payouts to creditors in countries including China, which holds about $380 million in claims. Source link
The bankruptcy estate of defunct crypto exchange FTX has abandoned a motion seeking to limit creditor distributions to “potentially restricted foreign jurisdictions.” The FTX Recovery Trust on Monday filed a notice withdrawing its motion for entry of an order in support of the confirmed plan authorizing it to implement restricted jurisdiction procedures in potentially restricted…
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Over $1.3 billion was wiped out across the crypto market as traders shifted their focus to $100,000 as the last line of defense for Bitcoin. Source link
Key takeaways: Bitcoin price is down 17% from its all-time high on Tuesday, dropping under $104,000. Crypto liquidations totaled $1.3 billion in losses over the past 24 hours. Traders say Bitcoin needs to quickly reclaim $105,000 to avoid a deeper correction toward $100,000. Bitcoin (BTC) bears extended the sell-side activity into the European Trading session…
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Bitcoin gave up $104,000 for the first time in weeks, while traders warned of a return to sub-$100,000 levels and new buyers amassed unrealized losses. Source link
Key points: Bitcoin slips under $104,000 amid doubts over BTC price support. Price targets now include the CME futures gap at $92,000. Short-term holders head deep into the red, sitting on growing unrealized losses. Bitcoin (BTC) faced further losses Tuesday as traders prepared for sub-$100,000 BTC price levels. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin price…
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Opinion by: Danor Cohen, co-founder and chief technology officer of Kerberus In 2025, crypto risk is a torrent. AI is turbocharging scams. Deepfake pitches, voice clones, synthetic support agents — all of these are no longer fringe tools but frontline weapons. Last year, crypto scams likely hit a record high. Crypto fraud revenues reached at…
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Opinion by: Neeraj Srivastava, chief technology officer at MNEE When they first emerged, stablecoins were pitched as a revolution in payments. Traditional banking rails often take one to four days to settle debit card transactions (and weeks for wire transfers) and charge you a hefty sum for the service. Stablecoin settlements wouldn’t just be faster…
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