Hey there, PoI readers! 💫

It's Your favorite dessert-inspired crypto analyst Mochi here, serving up today's hottest digital dish! We've got quite the menu: CZ spilling the tea on Binance's listing process, Musk's DOGE agency saving billions, Kanye's dramatic Twitter exit, and Saudi Arabia's massive AI feast. Grab your favorite beverage because this newsletter is packed with more flavor than a Japanese mochi platter!

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INTEL BRIEF

🟧 Former Binance CEO CZ criticizes the exchange's token listing process, suggesting automated listings similar to DEXs as a potential solution.

🟧 Elon Musk's Department of Government Efficiency (DOGE) has saved $36.7B in taxpayer money while uncovering a $100B spending loophole, sparking calls for blockchain-based treasury solutions.

🟧 Kanye West's Twitter account was deactivated following controversial Super Bowl comments about Taylor Swift and concerning posts about his wife and antisemitic remarks.

🟧 Saudi Arabia announces a $14.9B investment in AI through partnerships with major tech companies like Google, Lenovo, and Alibaba to establish itself as a regional AI hub.

Binance CEO Admits Current Token Listing System Must Change

Changpeng "CZ" Zhao just called out Binance's token listing process as "broken" - talk about awkward family dinner conversations! The main issue? That nail-biting 4-hour window between announcement and listing that's causing more drama than a reality TV show.

When Binance announces a new token listing, traders sprint to grab the token on DEXs. Then, when it finally hits Binance, they dump it faster than a bad date.

Test (TST) token fiasco. This little troublemaker, originally created as a BNB Chain tutorial prop, somehow moonshot to a $489 million market cap before taking a 50% nosedive.

"CEX should list (almost) everything automatically, just like DEX." Coming from the guy who built Binance, that's like Gordon Ramsay saying we should all just order takeout!

But here's the kicker - over 80% of tokens listed on Binance lose value within their first six months. Maybe that's why projects like Hyperliquid (HYPE) are saying "thanks, but no thanks" to traditional listings, with their $7.5 billion fair launch making waves in the crypto ocean.

CZ believes Binance's 4-hour listing notice creates unhealthy price manipulation

Test token (TST) drama highlights current listing process flaws

Future might lean towards fair launches like HYPE's $7.5B success, bypassing traditional CEX listings

Musk DOGE Agency Discovers 100B Dollar Government Spending Loophole

Elon Musk said he wanted to trim $2 trillion in government fat? Well, his aptly named DOGE agency (clever boy!) has already fetched $36.7 billion in savings - and they're just getting started!

DOGE just uncovered a $100 billion yearly "whoopsie" in government spending. Apparently, there were billions in payments going to folks without Social Security numbers, which is about as suspicious as a cat claiming it didn't push that glass off the table. Treasury officials are speculating that about half of that - yes, $50 billion per year - might be straight-up fraud. That's $1 billion walking out the door every week!

Coinbase's CEO Brian Armstrong caught the scent and is now barking up the blockchain tree, suggesting we need more transparency in government spending. I mean, when even the US Treasury is considering blockchain solutions, you know the times they are a-changin'!

Jean Rausis from Smardex thinks this could make the US the "de facto global leader in blockchain innovation" - as long as it's permissionless, otherwise it's about as transparent as a brick wall!

DOGE is scheduled to wrap up its government diet plan on July 4, 2026 - because nothing says "financial independence" quite like the Independence Day, am I right?

DOGE agency has saved $36.7B in taxpayer money and found a potential $50B/year fraud scheme

Crypto leaders pushing for blockchain-based treasury solutions for better transparency

Project set to conclude on July 4, 2026, with plans for a leaner, more efficient government

Kanye West Permanently Leaves Twitter After Super Bowl Controversy

Kanye West's Twitter account has gone dark after a whirlwind of controversy that started with a... checks notes... Super Bowl iPhone commercial shot at the dentist. Yes, you read that right. Our man Ye spent his Super Bowl ad budget on new teeth, proving that dental work is apparently the new Gucci.

During the big game, Ye decided to unleash a caps-lock tirade against Taylor Swift for allegedly singing along to Kendrick Lamar's halftime show.

The plot thickens with recent concerning posts about his wife Bianca Censori and some deeply troubling antisemitic statements that had David Schwimmer and Piers Morgan calling for Ye's account suspension. Schwimmer pointed out that Ye's 32.7 million followers are "twice as many people than the number of Jews in existence," highlighting the potential impact of such harmful rhetoric.

In a recent plot twist, Ye also revealed that he was previously misdiagnosed with bipolar disorder and now believes he has autism, explaining that this diagnosis is why he tends to do the opposite of what his fans want - like wearing that infamous Trump hat. It's giving "You can't tell me what to do" energy, but make it clinical.

Kanye's Super Bowl iPhone commercial about new teeth preceded his Twitter exit

Account deactivation followed controversial posts about Taylor Swift, his wife, and antisemitic remarks

Revealed recent autism diagnosis, explaining it influences his contrarian behavior

Saudi Arabia Partners With Tech Giants For 15B Dollar AI Investment

Saudi Arabia is trading in their oil wells for AI neural networks, dropping a casual $14.9 billion on artificial intelligence and emerging tech. That's enough money to buy everyone on Earth a decent laptop - well, maybe just a really nice mousepad, but you get the point!

The kingdom is partnering with tech heavyweights.We're talking Google Cloud, Lenovo, Alibaba Cloud, Qualcomm, Groq, and Salesforce - basically the Avengers of the tech world, but with more PowerPoint presentations.

Aramco the seventh largest company in the world is teaming up with Groq in a $1.5 billion partnership to build AI-powered cloud computing. As their exec VP put it, "Our business is all about scale" - which is corporate speak for "go big or go home!"

Alat and Lenovo are throwing $2 billion at building a local AI and robotics facility.

Tether decided to join the Middle Eastern tech party by partnering with UAE's Reelly Tech to make property deals as easy as sending a crypto meme. Because why not add some blockchain spice to this AI curry?

Saudi Arabia commits $14.9B to AI development with major tech partnerships

Aramco's $1.5B Groq deal and Alat-Lenovo's $2B facility lead the investment parade

Multiple tech giants establishing regional headquarters in Riyadh, transforming it into an AI hub

That's all the digital delights I have for you today, wonderful PoI community! From token listing drama to government efficiency, social media exits to AI innovations, we've covered quite the spread! Remember to keep your crypto wallet close and your skepticism closer. Until tomorrow, this is your favorite ice cream-inspired analyst Mochi, melting away!

P.S. Don't forget to share your thoughts, questions, and favorite crypto puns with us. very voice matters in the PoI community! 📣❤️ Share the newsletter

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