Friday, March 7, 2025

Analysis: the $TRUMP memecoin generated $314M from token sales and $36M in fees within three weeks of launch, likely raising conflict of interest concerns (Financial Times)

Financial Times:
Analysis: the $TRUMP memecoin generated $314M from token sales and $36M in fees within three weeks of launch, likely raising conflict of interest concerns  —  Donald Trump's crypto project made at least $350mn from the launch of his memecoin, a windfall that is likely to fuel concerns over conflicts of interest arising from the token.



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Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...