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Latam Insights Encore: Brazil Shows How States Should Keep an Eye on Crypto Usage for Nefarious Purposes

Welcome to Latam Insights Encore, a deep dive into Latin Americaā€™s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how Brazil is becoming an example of how states should enforce crypto compliance by battling tax evasion and pursuing money laundering groups instead of targeting crypto innovators. Latam Insights Encore:…

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Kenya Acting to Curb AI Disinformation, President Ruto Says

Kenyan President William Ruto announced measures to prevent artificial intelligence (AI) from spreading disinformation, alongside the launch of the Fifth National Action Plan on Open Government Partnership. The initiative aims to foster international cooperation for ethical AI use. This comes after AI-fueled social unrest incidents in 2021 and 2023, and mass protests earlier this year….

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Spatial Computing Expert: AI Didnā€™t Contribute to Metaverseā€™s Decline

Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline in metaverse interest and investment is misguided. Instead, Ramirez said he sees AI as a powerful catalyst for metaverse innovation, enhancing user experiences and making digital interactions more natural, intuitive, and engaging. Metaverse, NFT Decline…

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Coinbase CEO Celebrates First AI to AI Transactions

šŸš€ Stay Ahead with AltcoinDaily.co! šŸŒ Coinbase CEO Brian Armstrong recently pointed out that another AI tool completed an Artificial Intelligence (AI) transaction. This suggests that innovative technology has transcended to another level. Armstrong noted that an AI bot completed his AI crypto transaction. This is a breakthrough for the industry, especially after several attempts…

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AI-Based Crypto Assets Surge Ahead Of Nvidia’s Q2 Earnings Report

Crypto Live News Author: Nidhi Kolhapur Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain. Aug 26, 2024 12:35 As Nvidiaā€™s Q2 Earnings report are eagerly awaited, the AI-based crypto assets have been surging over the…

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China and Russia Push for Increased Local Currency Use in Trade, Deepen BRICS Cooperation

China and Russia solidified their cooperation in currency, finance, and within the BRICS framework following a meeting between Chinese Premier Li Qiang and Russian Prime Minister Mikhail Mishustin. They committed to local currency use, payment infrastructure, and mutual investments, while also advancing collaboration in artificial intelligence, sustainable development, and global governance. China and Russia Strengthen…

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Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid

Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing its AI capabilities through its existing digital asset mining infrastructure. Bit Digital…

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Binance Exchange Prevents Over $2.4B in Potential Scam Losses

šŸš€ Stay Ahead with AltcoinDaily.co! šŸŒ Binance Exchange, the worldā€™s leading cryptocurrency trading platform, has announced that it successfully prevented over $2.4 billion in potential losses between January and July 2024. According to a blog post, Binance reported that over 1.2 million users were protected from scams and malicious schemes.Ā  Binance Exchange Employs Several Measures…

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