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Boeing expects $4 billion loss for fourth quarter after chaotic 2024

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An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington.

Lindsey Wasson | Reuters

Boeing said Thursday that it likely lost about $4 billion in the fourth quarter, adding to troubles at the manufacturer, which began 2024 with a midair accident and ended it with a crippling labor strike and layoffs.

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The company said it expects to post a loss of $5.46 per share for the fourth quarter. It said it expects its revenue to be $15.2 billion, less than analysts’ expectations, according to LSEG estimates. Boeing said it likely burned through $3.5 billion in cash during the quarter. The company raised more than $20 billion in the quarter to boost liquidity during its crises.

Boeing has not posted an annual profit since 2018.

The company expects to take a $1.1 billion charge on its 777X and 767 programs because of the strike and new contract.

“Although we face near-term challenges, we took important steps to stabilize our business during the quarter including reaching an agreement with our IAM-represented teammates and conducting a successful capital raise to improve our balance sheet,” Boeing CEO Kelly Ortberg said in a news release.

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Boeing has struggled to regain its footing after a door plug blew out midair in January 2024, sparking a new safety crisis at the company that was trying to put behind it the fallout from two fatal crashes in 2018 and 2019.

The near-catastrophic accident brought new federal scrutiny and a slowdown of deliveries of new planes. A nearly two-month machinists strike that started in September shut down most of its commercial aircraft production. The workers, mostly in the Puget Sound area, won a new contract in November.

The all-important commercial airplane unit revenue will likely come in at $4.8 billion, with a negative operating margin of nearly 44%.

Boeing’s problems also extend to its defense unit, for which it expects to record pretax charges of $1.7 billion on the KC-46A tanker, and the long-delayed 747s that will service as the new Air Force One aircraft, as well as its space programs.

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Worldcoin Price Prediction As Trump Launches Stargate – Best Crypto To Buy Now?

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Worldcoin Price Prediction As Trump Launches Stargate - Best Crypto To Buy Now?

Donald Trump launched The Stargate Project on Tuesday, a $500 billion initiative aimed at developing AI infrastructure in the United States.

The announcement resulted in a strong surge in stock prices of major players involved in the project, with Oracle (ORCL) and Softbank (SFTBY) up by nearly 13% and 16%, respectively.

While OpenAI, a lead partner which has operational responsibility for the project, isn’t a publicly traded company, the Worldcoin (WLD) crypto asset saw a significant uptick. For the uninitiated, Worldcoin was also founded by OpenAI founder Sam Altman. 

However, Worldcoin price predictions from experts suggest WLD remains a tricky investment, despite the high upside potential. 

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Several smart money investors are instead pivoting to AI agent coins like AIXBT, AI16Z and Mind of Pepe. 

Worldcoin Price Prediction — Is It Still An Attractive Investment?

Worldcoin being the brainchild of OpenAI founder Sam Altman makes it a crypto asset with strong fundamentals. 

As such, its network of humans, featuring the World ID, World Chain and World App is one of the more unique projects in the Web3 ecosystem. By January 10th this year, 10 million users have verified themselves on the World Network, using its cutting-edge iris scanner orbs.

 

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10 million verified humans on World Network. Thank you 🫶 pic.twitter.com/wQPWxsnERm

— World (@worldcoin) January 10, 2025

 

With OpenAI being a lead partner of Donald Trump-led, $500 billion AI-infrastructure project, it is no surprise that the Worldcoin price saw a 33% surge on January 21st.

However, $WLD quickly formed a double-top structure at $2.41, resulting in a correction to $2.16. 

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The quick pullback doesn’t showcase enormous strength, neither does the 21% decline in its trading volume. 

For instance, the $WLD price is currently underperforming most key moving average indicators in the daily and weekly timeframes, data from TradingView reveals. 

However, Worldcoin price predictions from experts reveal the AI coin isn’t altogether a bad investment. For instance, Crypto Doc highlights WLD continues to hold above the $1.60 – $2.10 support zone. He expects the token to hit a new all-time high and potentially reach as high as $15 in the upcoming “altseason”. 

Prominent analyst Ali Martinez also highlights how Worldcoin’s macro price chart resembles the market cycle chart and appears poised for a parabolic rally. 

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#Worldcoin $WLD still seems to be in the early stages of the market cycle! pic.twitter.com/VBZt1m0Z9u

— Ali (@ali_charts) January 22, 2025

 

However, WLD will need to flip the $2.40 – $2.50 resistance zone, which is a confluence of several key moving average indicators including 30-week EMA, 100-day SMA and 200-day EMA. 

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Moreover, it would need to flip its macro descending trendline for the bulls to steer control and push for new all-time highs. Sidelined investors can wait for this breach before including Worldcoin in their portfolios or opening long positions. 

Why AI Agent Coins Are The Best Crypto To Buy Now?

Unlike Worldcoin, AI agent coins have high latent demand which is visible during every relief rally. 

Despite the broader market uncertainty, AI16Z is up by nearly 30% over the past month while AIXBT is up a staggering 120%, both faring much better than WLD which is down by 9% in the same period. 

With artificial intelligence technology expected to take centre stage in the Trump administration, these two are among the best cryptos to buy now. 

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There is also a significant demand for low-cap AI agent coins like Mind of Pepe (MIND). It is not without any reason the MIND presale has raised over $3 million in a few short weeks. 

 

Three Million. $MIND pic.twitter.com/Z8JQGi50gq

— MIND of Pepe (@MINDofPepe) January 22, 2025

 

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Mind of Pepe is building a self-sovereign, self-evolving AI agent with its own crypto wallet and self-managed X and Telegram accounts. Only MIND holders will exclusively receive the benefits, which include hive-mind analysis, real-time community intelligence, discounted access to AI-powered meme coins, etc. 

Moreover, MIND’s presale staking platform has also impressed retail investors with its over 600% yield percentage. 

Unsurprisingly, experts are bullish on Mind of Pepe’s high upside potentially, with many including it in their lists of best crypto to buy now. 

Visit Mind of Pepe Presale

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Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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U.S. credit card defaults are on the rise as debt levels increase and more make only minimum payments each month

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Tesla’s redesigned Model Y is coming to North America in March for $60,000

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Tesla's redesigned Model Y

Tesla has announced that its redesigned Model Y SUV is coming to the U.S., Canada, and Mexico in March, with a starting price just shy of $60,000.

The news comes just two weeks after Tesla first revealed the new-look Model Y and said it was coming to China and other Asian markets, also in March. Thursday’s announcement means the company is effectively launching the revamped SUV simultaneously around the globe — a departure from the multiple-month gap between the Asian and North American launch of the Model 3 sedan refresh in late 2023 and early 2024.

The redesigned Model Y is being launched at a crucial time for Tesla, which delivered fewer vehicles in 2024 than it did in 2023. Tesla has repeatedly warned investors that it is in between “two major growth waves” coming off the success of the Model Y, and promised that it will roll out mysterious new models meant to be built on existing production lines. Those models will likely be cheaper than Tesla’s current offerings (which start in the low $40,000 range), but it’s not clear by how much.

CEO Elon Musk has implied that those new models, plus the so-called Cybercab that was teased last October, will help bridge the company’s evolution from an automaker into a robotics and AI player.

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But at the same time, Tesla’s vehicle lineup has been aging. Tesla has now refreshed each of its core vehicles — the Model S and 3 sedans, and the Model X and Y SUVs — but has only launched one truly new model in the last four years, the Cybertruck. While it became the best-selling electric truck in the U.S. in 2024, the Cybertruck did little to boost the company’s bottom line last year, and it does not seem to be the runaway hit Musk hoped for.

The new-look Model Y could offer some relief, though it is coming in at a higher price point than the existing versions. The starting price for the so-called “Launch Series” special edition, which is an all-wheel drive variant, is $59,990. That gets buyers a 320-mile range battery and it includes Tesla’s most advanced driver assistance software, which it calls “Full Self-Driving (Supervised)” — typically an $8,000 option. The older Model Y currently starts at $44,990 for a 337-mile rear-wheel drive version.

The most noticeable changes to the new Model Y come on the exterior, where the bubbly front fascia has been ditched in favor of a more cinched nose with a thin light bar that stretches across the hood. The rear of the vehicle also now has a light strip that stretches the full width.

Inside the refreshed SUV, Tesla has added a configurable light strip that rims the cabin. There’s a new rear-passenger touchscreen, and some quality-of-life upgrades like powered rear seats and an improved suspension.

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Bitcoiners ‘struggling’ with Trump’s vague ‘digital asset stockpile’ order

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“Bitcoin” wasn’t mentioned once in Trump’s executive order to study a crypto stockpile, so some maximalists fear it could include other cryptocurrencies.

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GM’s newest performance vehicle is a Cadillac called the Lyriq-V

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DETROIT – General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the Detroit automaker targets becoming the top-selling luxury EV brand this year in the U.S.

Cadillac expects to achieve that target with an expanding lineup of electric vehicles such as the performance Lyriq-V, Escalade IQ SUV and upcoming entry-level Optiq crossover.

“We are going to position Cadillac to be the bestselling luxury EV nameplate in the U.S. for 2025. Again, let me repeat that: bestselling luxury EV [brand] in 2025,” Cadillac Vice President John Roth said during a media briefing. “The sky’s the limit on what we’re going to be able to do in the luxury EV space.”

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But the “luxury” space may not be as clear as it appears. Cadillac, following Roth’s comments, said it is not including Tesla as a “luxury” manufacturer, despite several products being priced in the same range as some of Cadillac’s offerings. A brand spokeswoman said Cadillac is including names such as Audi, Mercedes-Benz and others as its core competitors.

2026 Cadillac Lyriq-V

Cadillac

“There’s a handful of models within the Tesla lineup that probably qualify as luxury, but they continue to do some interesting elements with the brand,” Roth said.

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Excluding Tesla, which leads the U.S. EV market by a wide margin, Cox Automotive reports Cadillac’s nearly 30,000 EVs sold last year trailed only BMW’s roughly 51,000 units. Audi and Mercedes-Benz were also close to Cadillac. That compares with estimated U.S. sales of EVs by Tesla at more than 633,000 EVs last year, according to Cox.

Historically, the automotive industry has been made of “mainstream” brands such as Chevrolet and luxury ones such as Cadillac. But many brands, including Cadillac and Tesla, now offer vehicles across a broad price range.

Tesla’s pricing ranges from roughly $42,500 for the Model 3 sedan to roughly $100,000 for vehicles such as the Cybertruck and Model S Plaid. That compares with Cadillac’s EVs that, once available, are expected to range between $54,000 for the Optiq to more than $150,000 for the Escalade IQ. Cadillac also offers a more than $300,000 bespoke car called the Celestiq.

For context, Kelley Blue Book reports the average transaction price for a new electric vehicle to end last year was $55,544. That does not include consumer EV incentives such as the federal tax credit of up to $7,500.

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Cadillac is expected to have five EVs on sale by the end of this year, up from three currently. That would match Tesla on the number of EVs from the brand, but Tesla was still estimated to achieve nearly 50% of EV market share last year in the U.S.

Regarding the Lyriq-V, Cadillac said the vehicle will have an estimated 615 horsepower, 650 foot-pounds of torque and 285-mile range when fully charged. It’s expected to achieve 0-60 mph in as little as 3.3 seconds.

The Lyriq is Cadillac’s first production EV to be included in its performance V-Series lineup of vehicles. The Lyrq-V is largely similar to the regular model, but includes unique badging and enhanced performance parts and other accessories to improve driving dynamics.

GM said the Lyriq-V, starting at $79,995, will be sold in the U.S., Canada and other countries, with production starting in early 2025 at GM’s Spring Hill Manufacturing plant in Tennessee.

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SHIB & PEPE could storm ahead of DOGE: 1Fuel pre-release turns heads

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SHIB & PEPE could storm ahead of DOGE: 1Fuel pre-release turns heads

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

1Fuel’s pre-release is turning heads as Shiba Inu and Pepe look to storm ahead of Dogecoin.

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It’s the aftermath of Trump’s presidential inauguration and meme coins are again in the spotlight, but not quite in the way many would expect. Market analysts foresee bullish runs for both Shiba Inu (SHIB) and Pepe (PEPE) amidst recent downturns. Meanwhile, Dogecoin (DOGE) is facing intense rivalry as it grapples with maintaining control.

Away from this dynamic, 1Fuel (OFT), a new token, is forging a niche for itself. 1Fuel’s presale is gaining attention, with tokens selling for $0.017 and analysts predicting a 100x run.

SHIB and PEPE

SHIB saw a steady price rise between August and December 2024. However, since the start of 2025, the token has not been at the top of its game. In the last 14 days, SHIB has declined by 13.0%. 

Similarly, PEPE’s current market valuation could be better. The token currently trades at $0.000015, with weak momentum. However, in light of analysts’ forecast for a bullish swing, there is cause to believe that PEPE could perform well in the coming days.

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Regardless of their recent market downturns, SHIB and PEPE are eyeing opportunities to overshadow DOGE. 2025 has been a year of price fluctuation for Dogecoin as it staggers between $0.31 and $0.43. DOGE has suffered a near 10% decline in the past week. This development gives its holders something to think about, especially with new cryptocurrency options like 1Fuel offering unique opportunities.

1Fuel: An upcoming cryptocurrency exchange

Unlike meme coins, 1Fuel is seeking to establish a solution that the entire blockchain can benefit from. Constructed with ease of use and accessibility at its core, 1Fuel seeks to simplify cross-network trades. Challenges with multiple wallets and high transaction fees will become a thing of the past with 1Fuel.

The token’s capacity to synchronize effectively with decentralized systems using advanced infrastructure also gives it a unique edge. This could position it as a top cryptocurrency exchange contender for investors on the lookout for a balance of innovation and usability. 

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Additionally, 1Fuel’s pre-release continues to gather traction. Investors have been purchasing the 1Fuel tokens, selling now for $0.017, accumulating approximately $1.4 million with over 147,000,000 coins sold.

It may not be long before 1Fuel propels itself from an underdog to a major player given its emphasis on flexible cryptocurrency operations and returns.

Conclusion

The strive for dominance among meme coins intensifies: Dogecoin grapples with current downturns as Shiba Inu and Pepe strive to capitalize on this. Holders of these tokens may shift their gaze to 1Fuel as a promising alternative for their portfolios. 

For more on 1Fuel, visit their website, Telegram, or X.

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Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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Bitcoin Trade Volume Wednesday Was One of the Largest Ever

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BTC: Futures vs Spot vs ETF Trade Volume (Checkonchain)

Bitcoin continues to trade at record levels.

According to checkonchain data, Wednesday’s $130 billion bitcoin (BTC) volume was one of the highest in its history. Trade volume has soared since President Trump won the U.S. election at the start of November, doubling from a daily average of $65 billion.

The futures market (the total traded in futures contracts) yesterday saw $110 billion worth of volume. This was the fifth-highest futures trade volume recorded, only bettered on a handful of days in November and December last year.

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The spot market saw roughly $15 billion of traded volume, which is approaching an all-time high. Meanwhile, bitcoin ETFs saw around $5 billion worth of trade volume, which is around half the all-time high seen in March 2024.

It is worth noting that options volume has not been included in the $130 billion daily volume figure, but it too is growing rapidly. According to Glassnode data, the total amount of options contracts traded in the last 24 hours is more than $3 billion.

With bitcoin is vying to be a global settlement layer, the more volume and liquidity that can be generated, the greater the asset’s chance of onboarding institutions that want to settle in billions of dollars at a moment’s notice.

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Perplexity’s AI assistant goes mobile on Android

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Perplexity App

  • Perplexity AI has released a mobile app for Android
  • The Perplexity Assistant offers voice, text, and camera-based interactions for tasks such as booking rides and identifying objects
  • The assistant integrates with apps and leverages real-time information and task automation

AI conversational search engine Perplexity is going mobile on the Google Play Store with a new Android app. Peeplexity’s app pitches itself as a kind of digital Swiss Army knife that can manage tasks for you, including making reservations and identifying objects through your phone’s camera. Best of all, the app is free and speaks 15 languages.

By leveraging Perplexity’s own search engine, the assistant can also tap into real-time web information, so it’s not just regurgitating pre-programmed answers. This should, in theory, make it smarter and more versatile than many of its competitors. To juggle all of those abilities, Perplexity can maintain context across multiple tasks. That means it won’t double-book you and will remember what you like and don’t like.

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Ethereum And Cardano Drowned By Remittix's Success As Early Investors Bag 50% Returns In Just Three Weeks

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Ethereum And Cardano Drowned By Remittix's Success As Early Investors Bag 50% Returns In Just Three Weeks

A new cryptocurrency called Remittix has become a market favorite instead of Ethereum (ETH) and Cardano (ADA). The PayFi project attracts global investors with its innovative approach. The three-week presale of Remittix has delivered a 50% return to investors who joined early.

This remarkable growth has not only turned heads but also raised the question: is Remittix the next big thing in crypto?  The DeFi project solves market problems by providing simple crypto-to-fiat payment solutions and easy cross-border transactions. It stands as a movement that could transform how people use cryptocurrencies.

Trump Goes On Ethereum (ETH) Buying Spree

The Ethereum coin is among the most sluggish in the market right now. Its value has been consolidating within a narrow range with some analysts calling it a sleeping giant. CoinMarketCap data shows the value of Ethereum (ETH) has dropped by 8.9% in the last two weeks.

Fortunately, the poor price movement has not swayed investors. Ash Crypto reveals that Trump’s World Liberty Finance has bought over $58 million ETH in the past few weeks. This increased accumulation could mean a price surge is on the way.

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The analyst told his followers that something big is cooking. Besides, a crypto expert called MisterrCrypto notes that the Ethereum crypto has hit rock bottom.

They said Trump’s ETH accumulation could spark a rally soon. So, Misterrcrypto advised investors to remain patient. The analyst accompanying their post shows the ETH/BTC pair soaring to $0.11. Poseidon says the Ethereum price might hit $5k before February.

Cardano (ADA) Key Support Level To Watch

In a recent post on X, a top analyst called InvestingHaven told his followers the value of the Cardano coin could skyrocket in the coming weeks. However, the expert told them to watch out for a key support level at $0.824. InvestingHaven says holding this level could push the Cardano price to a new level. He posted a target of $1.9-$2.5 if this level holds.

Meanwhile, another analyst called FLASH posted a similar Cardano price prediction. They say the value of the altcoin could pump to $2 next. Technical indicators like the relative strength index support this potential uptrend. The indicator is above the 50 mark which means that bulls are in control.

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In the meantime, CoinMarketCap data reveals Cardano (ADA) is showing upward movement on the daily chart. The cryptocurrency is currently consolidating close to the $1 mark and is among the top altcoins that could surge higher in the coming weeks.

Investors Jump Into Remittix (RTX) As Price Pumps To New High

Remittix (RTX) is a top crypto ICO that has shaken the market in the past few weeks. The project has sold over 270 million RTX coins which shows huge interest from investors. Currently priced at $0.0282, Remittix is the best DeFi cryptocurrency to buy. Its value could increase by 20x in 2025.

At its core, Remittix brings cryptocurrency into the mainstream financial world through its innovative cross-border payment solution. This advanced solution helps users and businesses move funds across borders quickly while maintaining low fees and easy transfer methods.

The basic design and practical features of Remittix drive its success. Through Remittix Pay API businesses can add cryptocurrency payment options to their business operations regardless of size or location. The business can expand its customer base worldwide while gaining market share and standing out against competitors. Remittix enables companies to create merchant accounts for handling transactions.

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Through Remittix businesses gain complete control over crypto operations and profit withdrawal while benefiting from multiple currency choices and trading pair access. Remittix combines crypto speed and convenience with traditional banking features to help everyone access global finance and build the future of international money transfers.

Investors Rush To This Altcoin For More Profits

Remittix has emerged as the best crypto to buy right now. Not only has the RTX coin given investors more than 50% gains, but it can also soar another 20x before the end of the quarter. Therefore, investors interested in purchasing a good cryptocurrency in January 2025 can join the presale before it’s too late.

Join the Remittix (RTX) presale and community:  

Join Remittix (RTX) Presale

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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. 

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Vitalik Buterin takes aim at ‘unlimited political bribery’ using tokens

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The Ethereum co-founder warned against crypto projects offering “sugar-high short-term fun” rather than those used to build wealth.

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