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"Irony Article: After Filling 22 Slides with AI-Generated Content, I Scammed $4 Million in Investment"
Peter Girnus's satirical piece exposes the madness behind the AI boom through an exaggerated yet seemingly plausible case study, revealing how one can raise millions from blind venture capitalists simply by stringing together APIs, packaging a loading screen, and fabricating a backstory. It suggests that while the technical jargon has evolved from cryptocurrency to AI, the speculative playbook and the essence of harvesting retail investors remain fundamentally unchanged.
(Context: A hacker conference in London where Peter Girnus encounters the founder of OpenClaw, who is experimenting with using AI for these kinds of schemes)
(Background: a16z founder: The combination of OpenClaw and Pi is considered "one of the top 10 software breakthroughs in history")
Peter Girnus (@gothburz) is a cybersecurity expert at the frontlines of the industry, working at Trend Micro. In addition to exposing the technical flaws hidden behind flashy products, he [text appears incomplete in original]
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Taipei MRT Blue Tokens Eliminated in July, "QR Paper Single Journey Tickets" to Replace Them, Because of This Reason
Taipei Metro announced that starting from July 2026, it will fully phase out the use of nearly 30-year-old blue plastic tokens, replacing them with paper QR single-journey tickets and mobile payment options. This change is aimed at reducing resource waste, as the usage rate of tokens has fallen to 2%, making maintenance no longer cost-effective. The new QR tickets are valid on the day of purchase and highlight environmental sustainability principles.
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TRON received the "Web3 Leading Enterprise Award" at the SFFE2030 Summit, accelerating its move toward the core infrastructure of the AI era.
TRON received the "Web3 Leading Enterprise Award" at the SFFE2030 Summit, highlighting its infrastructure position in global digital finance and emerging industries. With stable coin settlement and efficient on-chain payment capabilities, TRON is expanding toward artificial intelligence economic infrastructure, focusing on future machine-to-machine (M2M) payment needs to drive further development of the digital economy.
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Hong Kong Heist: 100 Million HKD Gold Robbery Case Busted - Fake Debt Collectors Steal 73 Kilograms of Gold Bars, 5 Suspects Arrested
A gold shop in Hung Hom, Hong Kong was robbed of 73 gold bars, totaling 73 kilograms with a market value exceeding HK$100 million. Police quickly arrested 5 suspects, and all the gold was recovered. The case exposed security vulnerabilities in gold shop transactions and reminds the public to maintain confidentiality during large transactions to prevent similar incidents from occurring.
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After Manipulating Bitcoin, Now Silver? Jane Street Becomes Largest ETF Holder, Silver Plunges 30% in One Month
Jane Street made a record purchase of 20.6 million shares of silver ETF in the fourth quarter of 2024, becoming the largest shareholder, after which silver prices plummeted nearly 30%, triggering market manipulation suspicions. Although there is no direct evidence supporting this claim, the timing between the position disclosure and the price collapse aligns, sparking discussion. Jane Street has been accused of insider trading but denies the allegations, with its market influence and behavioral patterns remaining under scrutiny.
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Iran's Currency Collapse: Issues 10 Million Rial New Banknotes, Largest Denomination in History Worth Only $7, Banks Run Out of Cash
Iran issued new banknotes with a denomination of 10 million rials this week, but their actual purchasing power is only about $7, revealing severe inflation issues. In response to the impacts of war and sanctions, many people have faced long queues at banks to withdraw cash. Prolonged economic downturn and systemic corruption have further led to depreciation of the rial.
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Iran Bombs Israel "Nuclear Facility Surroundings" for First Time, No Nuclear Leakage So Far, But Terrorist Retaliation Cycle May Escalate
Iran launched a missile attack targeting around the Israeli nuclear research center late on March 21, causing at least 7 people to be seriously injured and 64 hospitalized. Israel's missile defense system was unable to fully intercept the missiles, worsening the tense situation. This attack is seen as retaliation for Israel's bombing of Iranian nuclear facilities, and geopolitical tensions continue to rise. The United Nations has stated that there are currently no radiation anomalies, but the risk still exists.
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CFTC clarifies cryptocurrency margin rules: BTC and ETH capital deduction rate of 20%, permitting investment in the derivatives market
The U.S. Commodity Futures Trading Commission (CFTC) recently released an FAQ clarifying the rules for using cryptocurrencies as margin in derivatives markets, specifically setting capital deduction rates of 20% for Bitcoin and Ethereum and 2% for stablecoins. The pilot program will be limited to three coin types in the first three months, after which it will expand to additional cryptocurrencies and relax reporting requirements. Qualifying crypto assets may be used as margin, marking a gradual acceptance of blockchain assets within the U.S. financial system.
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ETH-3.39%
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Trump Issues Ultimatum: Iran Must Open Strait of Hormuz Within 48 Hours "Or We'll Bomb Power Plants," Bitcoin Plummets to 68,000
Trump issued a 48-hour ultimatum this morning (22nd) demanding Iran fully open the Strait of Hormuz, otherwise the U.S. military will destroy Iran's power plants; following the announcement, Bitcoin plummeted rapidly to $68,000, with the Fear and Greed Index dropping to 9, indicating extreme market panic.
(Background: Iran launched medium-range missiles at U.S. and British bases, missing but with a range of 4,000 kilometers, "double what intelligence estimated")
(Context: Lai Ching-te approved: Nuclear Plants 2 and 3 "have conditions for restart," Taiwan's power shortage in the AI era cannot be sustained)
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Middle East conflict has been burning for over 4 weeks
Bitcoin crashes to $68,000, liquidations of $236 million
48-hour countdown, market awaits three answers
U.S. President Trump posted on his social media platform Truth Social at 7:44 AM this morning (22nd)
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Iran Launches Medium-Range Missiles at US-UK Bases, Missing Target but Reaching 4,000 Kilometers Range "Double Intelligence Estimates"
Iran confirmed on March 21 the launch of 2 medium-range ballistic missiles at Diego Garcia Island, a U.S.-UK allied military base, with a range exceeding 4,000 kilometers, marking its first strike capability demonstration outside the Middle East, though both missiles missed their targets. This action contradicted its external claims of limiting missile range to 2,000 kilometers, demonstrating its deterrence capability against the United States and its allies. Subsequently, oil prices rose to $119 per barrel as markets expressed concerns about potential supply disruptions.
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BTC-2.69%
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Polymarket Official: Major Announcement Next Monday! Possibly Funding News or Token Launch
Polymarket official member Mustafa teased major news coming next Monday, sparking community speculation about a new funding round or POLY token issuance. According to SEC filings, Polymarket has disclosed a $257.5 million financing plan, with valuation competition against rival Kalshi intensifying. If the news confirms a token issuance, it is expected to attract a large number of active users.
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Lai Ching-te Green-Lights: Taipower Units 2 and 3 "Meet Conditions to Restart," Taiwan's Power Deficit Can't Hold Up in AI Era
Lai Ching-te announced on March 21 that Taiwan's Nuclear Power Plant 2 and Nuclear Power Plant 3 will be restarted, due to the surge in electricity demand in the AI era. Taiwan Power Company has already begun submitting restart plans to the Nuclear Safety Commission. This policy shift is a response to global low-carbon trends and the need for stable power supply. The safety inspections for the nuclear plants are expected to take 1.5 to 2 years. Although this decision is politically sensitive in Taiwan, it is legally feasible.
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Weekly Report: Gold Breaks Below $4,500! Crude Oil Surges Past $110, But Bitcoin Rallies and Outperforms Gold
Escalating tensions in the Middle East and the Federal Reserve's hawkish stance have impacted global financial markets. Gold plummeted more than 10% this week, marking its worst performance since 1983, while oil prices surged to historic highs. In contrast, Bitcoin rose against the trend, indicating a flow of capital toward crypto assets. The market continues to face uncertainty, and volatility in risk assets may persist.
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