What You Need to Know About Grok AI and Your Privacy

xAI’s generative AI tool, Grok AI, is unhinged compared to its competitors. It’s also scooping up a ton of data people post on X. Here’s how to keep your posts out of Grok—and why you should. Powered by...

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BBVA Enhances Institutional Crypto Solutions With USDC Integration
Sep10

BBVA Enhances Institutional Crypto Solutions With USDC Integration

BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The USDC addition follows previous integrations of bitcoin and ether, expanding BBVA’s digital asset solutions for clients. BBVA Adds USDC to Enhance Institutional Crypto Services in […] Powered by...

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Brazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over $180 Million in Crypto-Related Tax Fraud
Sep10

Brazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over $180 Million in Crypto-Related Tax Fraud

The Federal Revenue Service, the Brazilian tax watchdog, recently revealed that it has been using an in-house tool that leverages AI to detect money laundering and tax evasion transactions involving crypto. The tool has already been proven useful in identifying over $180 million in funds involved in the illicit usage of cryptocurrency. Brazilian Tax Watchdog […] Powered by...

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Nigeria Resumes Dollar Sales to Money Changers Amid Naira’s Decline
Sep10

Nigeria Resumes Dollar Sales to Money Changers Amid Naira’s Decline

The Central Bank of Nigeria resumed selling US dollars to money changers to address the falling value of the naira. This decision came after the naira-to-dollar exchange rate dropped to a low of NGN1,639 per dollar, likely due to increased demand for US dollars for travel and business. The central bank has outlined rules for […] Powered by...

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Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023
Sep10

Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023

During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like Siberia, but also warned that these activities should not hinder the region’s […] Powered by...

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