In the evolving landscape of cryptocurrency, fake news and deepfakes are increasingly exploited to manipulate markets. These tactics fuel pump-and-dump scams, misleading investors and undermining the integrity of the crypto ecosystem. Vigilance is essential.
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**Polkadot’s Journey to the ‘World Computer’: Gavin Wood’s Vision**
Dive into the vibrant Polkadot ecosystem this week! We’ll uncover the Interledger Foundation’s quest for blockchain interoperability, the Web3 Foundation’s support for decentralized storage, and Gavin Wood’s insights on the upcoming ‘Grand Hackathon’—a global challenge to ignite blockchain innovation
In his State of the Union address, President Biden highlighted the threat posed by AI-generated deepfakes, calling for legislation to safeguard national security and protect individuals from the misuse of these technologies. Specifically, Biden urged Congress to pass laws that require deepfake creators to identify their work and prevent their malicious use to deceive or damage reputation. The President’s call for stronger privacy laws underscores the administration’s commitment to tackling the growing challenges posed by the unregulated use of deepfakes.