A $1,096,109 bet on the $Trump cryptocurrency was placed less than two minutes after President Trump’s social media post, resulting in a two-day profit of up to $109 million for an unknown trader. However, over 810,000 wallets suffered more than $2 billion in losses as the token price crashed, with the Trump family profiting nearly $100 million in trading fees. This speculative boom-and-bust sequence has raised concerns about the dangers of memecoins and the ethical implications of the Trump family’s involvement in the unregulated crypto industry.
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Do Cognitive Abilities Predict Performance in Everyday Computer Tasks?
SummaryA recent study indicates that an individual's intelligence significantly affects their computer skills, suggesting that mere practice may not suffice for proficiency. Conducted by Antti Oulasvirta and his team, the research highlights the importance of cognitive abilities like working memory, attention, and executive functions in performing daily computer tasks, challenging the sufficiency of traditional training methods. The findings call for more streamlined user interface designs to enhance inclusivity and reduce the reliance on cognitive skills,...
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