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Did ChatGPT come up with Trump’s tariff rate formula?

There’s a crazy theory on social media that US President Donald Trump’s newly announced reciprocal tariff plan — which hits all countries with a minimum 10% tariff — could have been designed by an artificial intelligence chatbot.

Only a short period after Trump announced the tariffs at the White House Rose Garden on April 2, some X users claim they were able to duplicate the same tariff plan with a rudimentary prompt using OpenAI’s ChatGPT.

“I was able to duplicate it in ChatGPT,” NFT collector DCinvestor told his 260,000 followers on X following the Donald Trump announcement of reciprocal tariffs on 185 countries on April 2.

“It also told me that this idea hadn’t been formalized anywhere before, and that it was something it came up with,” he added, referring to the chatbot’s ability to calculate the tariff

Bitcoiner speculates ‘massive’ bot spam briefly took down Bitcoin mailing list

One of Bitcoin’s key communication tools used to discuss potential protocol changes was knocked out for several hours starting on April 2, with one moderator speculating it may have been a targeted attack assisted by bots.

For several hours across April 2 and 3, Bitcoin core developers and researchers were unable to interact on Google Groups after Google banned the group for spam.

“Bitcoin Development Mailing List has been identified as containing spam, malware, or other malicious content,” Google’s warning stated at the time.

The Bitcoin Development Mailing List’s warning before the ban was lifted. Source: Google

Bitcoin Core developer Bryan Bishop told Cointelegraph that the ban may have been triggered by individuals or bots mass-reporting the Bitcoin mailing list from multiple accounts.

It’s a common tactic by attackers looking to ban or censor a community, Bishop said, noting that similar incidents occur on YouTube, X and TikTok fairly often.

“So

Hackers are selling counterfeit phones with crypto-stealing malware

Cybersecurity firm Kaspersky says it has uncovered thousands of counterfeit Android smartphones sold online with preinstalled malware designed to steal crypto and other sensitive data.

The Android devices are sold at reduced prices, cybersecurity firm Kaspersky Labs said in an April 1 statement, but are riddled with a version of the Triada Trojan that infects every process and gives the attackers “almost unlimited control” over the device.

Dmitry Kalinin, a cybersecurity expert at Kaspersky Labs, said that once the trojan grants the attackers access to devices, they can steal crypto by replacing wallet addresses.

“The authors of the new version of Triada are actively monetizing their efforts; judging by the analysis of transactions, they were able to transfer about $270,000 in various cryptocurrencies to their crypto wallets,” he said.

“However, in reality, this amount may be larger; the attackers also targeted Monero, a cryptocurrency

US House committee passes stablecoin-regulating STABLE Act

The US House Financial Services Committee has passed a Republican-backed stablecoin framework bill, which will now head to the House floor for a full vote.

The Committee passed the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act, with a 32-17 vote on April 2.

The bill would provide rules around payment stablecoins, a type of crypto token tied to a currency such as the US dollar, and aims to ensure issuers give information about their business and how they back their tokens.

Other stablecoin-related bills are also working their way through Congress, including the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which lays out oversight and reserve rules for issuers.

This is a developing story, and further information will be added as it becomes available.

Magazine: How

DDoS attacks now a dominant means of waging political cyber-warfare

Distributed denial-of-service (DDoS) attacks are outpacing many traditional cyber threats and are no longer just a tool but a “dominant geopolitical weapon,” according to network security firm Netscout.

Global DDoS activity increased by 12.7% in the second half of 2024 compared to the first half, totaling almost 9 million attacks, according to the firm.

A DDoS attack is a malicious attempt to disrupt the normal web traffic of a targeted server, service or network by overwhelming the target or its surrounding infrastructure with a flood of internet traffic.

The largest increases have been in Latin America and the Asia Pacific regions, with around 30% and 20% increases from the first half, respectively.

Netscout reported that there were a total of 7.9 million DDoS attacks in the first half of 2024, with a combined total of 16.8 million for the full year, up almost 30%

Elon Musk’s Neuralink seeks patients globally to try its brain chips

Elon Musk’s computer-chip brain implant company Neuralink is seeking patients all around the world to trial its device that allows one’s thoughts to control a computer.

Neuralink is looking for people with quadriplegia — those who are not able to use their arms or legs — to sign up for a clinical trial, it said in an April 2 post on X, the social media platform also owned by Musk.

As of January, Neuralink has said three patients have been implanted with a device. All are quadriplegic and are testing a small brain implant that tracks neural activity to control a computer or smartphone as part of a clinical trial called the Precise Robotically Implanted Brain-Computer Interface, or PRIME study.

Neuralink is one of several companies and academic institutions developing and testing so-called brain-computer interfaces, which vary from small wire-like implants as part

‘National emergency’ as Trump’s tariffs dent crypto prices

Crypto markets dipped after US President Donald Trump’s declaration of a national emergency and sweeping tariffs on all countries as part of his latest salvo in the ongoing trade war.

The Trump administration has hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing a 34% tariff, the European Union 20%, and Japan 24%.

During an April 2 speech in the Rose Garden at the White House, Trump said the US is charging countries “approximately half of what they are and have been charging us.”

🚨 @POTUS signs an Executive Order instituting reciprocal tariffs on countries throughout the world.

It’s LIBERATION DAY in America! pic.twitter.com/p7UnfE617B

— Rapid Response 47 (@RapidResponse47) April 2, 2025

The crypto market briefly went up at the news of a 10% sweeping tariff, but once the

Former New York governor advised OKX over $505M federal probe: Report

Cryptocurrency exchange OKX reportedly hired former New York Governor Andrew Cuomo to advise it over the federal probe that resulted in the firm pleading guilty to several violations and agreeing to pay $505 million in fines and penalties.

Cuomo, a New York-registered attorney, advised OKX on legal issues stemming from the probe sometime after August 2021 when he resigned as New York overnor, Bloomberg reported on April 2, citing people familiar with the matter.

“He spoke with company executives regularly and counseled them on how to respond to the criminal investigation,” Bloomberg said.

The Seychelles-based firm pled guilty to operating an unlicensed money-transmitting business in violation of US Anti-Money Laundering laws on Feb. 24 and agreed to pay $84 million worth of penalties while forfeiting $421 million worth of fees earned from mostly institutional clients.

The breaches occurred from

EY updates privacy L2 as nixed Tornado Cash sanctions ease fears

Big Four accounting firm EY, formerly Ernst & Young, has changed its enterprise-focused Ethereum layer-2 blockchain Nightfall to a zero-knowledge rollup design as it says corporate clients are more comfortable with privacy solutions with easing US sanctions.

EY said in an April 2 announcement that Nightfall’s new source code, “Nightfall_4,” simplifies the network’s architecture and offers near-instant transaction finality on Ethereum while making it more accessible to users than its previous optimistic rollup-based version.

EY’s global blockchain leader, Paul Brody, told Cointelegraph that switching to a ZK-rollup model “means instant finality, but it also makes operations simpler since you don’t need a challenger node to secure the network,” which verifies the correctness of transactions.

The move away from optimistic rollups means Nightfall users won’t need to challenge potentially incorrect transactions on Ethereum and wait out the challenging period, leading to faster transaction finality.

Trump imposes 10% tariff on all countries, reciprocal levies on trading partners

United States President Donald Trump signed an executive order establishing reciprocal tariffs on trading partners and a 10% baseline tariff on all imports from all countries.

The reciprocal levies on will be approximately half of what trading partners charge for US imports, Trump said. For example, China currently has a tariff of 67% on US imports, so US reciprocal tariffs on Chinese goods will be 34%. Trump also announced a standard 25% tariff on all automobile imports.

Trump told the media that tariffs would return the country to economic prosperity seen in previous centuries:

“From 1789 to 1913, we were a tariff-backed nation. The United States was proportionately the wealthiest it has ever been. So wealthy, in fact, that in the 1880s, they established a commission to decide what they were going to do with the vast sums of money they were collecting.”

“Then, in 1913, for reasons unknown to mankind, they established the