In Brief DeepSeek faces setbacks as Alibaba launches a rival AI model, OpenAI accuses it of policy violations, and Italy blocks its app. AI crypto market rebounds after losing $5 billion, with Virtuals Protocol up 8% and AIXBT, Ai16z gaining over 10%. Investor confidence shifts towards decentralized AI projects, as regulatory and competitive pressures mount…
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In Brief A fake DeepSeek meme coin hit a $12 million market cap, following a $48 million rug pull by another phony token launched just days earlier. Scammers target novice crypto investors, leveraging hype around AI protocols and high-profile names like DeepSeek and Donald Trump. Crypto scams are rampant, with $857 million stolen via TRUMP…
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In Brief AI crypto market cap fell 10% in 24 hours to $37.4 billion, with major coins like RENDER and VIRTUAL losing over 13%. DeepSeek, a $6M AI model, has disrupted the industry, challenging the dominance of heavily funded players like OpenAI. Growing uncertainty about AI project viability is impacting both AI-focused companies and cryptocurrencies…
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