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Crypto Weekly Digest: Musk Launches New AI, Argentine Presidents Token Crashes, and Microsoft Unveils a Quantum Chip

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MINE.exchange has gathered the latest Web3 news from the past week that you might have missed.

– The LIBRA token, promoted by Argentine President Javier Milei, plummeted by 94% within just a few hours. Eight wallets linked to the project withdrew liquidity worth $107 million, triggering a sharp drop in market capitalization—from $4.56 billion to $174 million.

– Sean Murray, editor-in-chief of deBanked, speculated that Twitter and Square co-founder Jack Dorsey could be Satoshi Nakamoto. Since his youth, Dorsey has been passionate about cryptography, written about barter systems, and programmed late at night—just like the creator of Bitcoin’s original files.

Elon Musk’s company xAI has introduced Grok 3, a new version of its artificial intelligence, which has become ten times more powerful thanks to training on 200,000 graphics processors.

Australian law enforcement dismantled a criminal syndicate involved in robbing cryptocurrency ATMs and collectible card stores in Melbourne. Four individuals were arrested in the operation, with total damages estimated at 50,000 Australian dollars.

Norwegian authorities have charged four individuals with orchestrating a large-scale cryptocurrency scheme that defrauded thousands of investors worldwide, yielding over $80 million. According to the investigation, a significant portion of the funds was laundered through the accounts of a Norwegian law firm.

Microsoft has unveiled the Majorana 1 quantum chip featuring a “new state of matter”—a topological conductor that controls Majorana particles to create more stable qubits.

Brazil’s CVM has approved the world’s first spot XRP-ETF by Hashdex. The product is currently in the pre-operational stage, with further details to be announced later.

– A team of scientists from Imperial College London, led by Professor José Penadés, had spent years studying the mechanisms behind superbugs’ resistance to antibiotics. However, Google’s latest AI model solved this challenge in just 48 hours.

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