CRYPTOCURRENCY
European Commission Takes Aim at AI-Generated Disinformation Ahead of Elections
The European Commission mandates major tech platforms to detect AI-generated content to shield European elections from misinformation, highlighting a robust approach towards maintaining democratic integrity.
Parents Demand Action Against AI-Influencers on TikTok
ParentsTogether, a notable non-profit organization, has issued an open letter to TikTok CEO Shou Zi Chew, urging for explicit labeling of AI-generated influencers. The letter, representing over 12,000 parents, voices concerns over the impact of these digital personas on youth's perception of beauty standards.
Video Generation: ByteDance MagicVideo-V2 Outperforms Pika 1.0, SVD-XT?
ByteDance's MagicVideo-V2 surpasses Pika 1.0 and SVD-XT in AI-driven video generation, showcasing advancements crucial for the parent company of TikTok and Douyin and the broader tech industry.
US Congress Proposes Bill to Restrict Government Interactions with Foreign Adversarial Blockchain Networks
US Congress introduces H.R.6307, limiting government interactions with Chinese blockchain networks, addressing national security and data privacy concerns, and urging increased scrutiny in the technology sector.
TikTok Crypto Influencers Mislead Viewers
More than one-third of cryptocurrency influencers on TikTok have posted misleading videos about Bitcoin and other cryptocurrencies, according to a recent study. Many of these influencers fail to provide disclaimers warning users about the risks of investing in cryptocurrencies. Moreover, many are pushing services and investments for their own profit, without disclosing the payments they receive. The potential financial risks for unwary investors are high, with one in three misleading videos on TikTok mentioning Bitcoin. Viewers are advised to do their own research before making any investments.
Over 1 in 3 TikTok Influencers Post Misleading Crypto Content
A study by dappGambl found that over 1 in 3 TikTok influencers posting crypto-related content were found to be sharing misleading information, without providing adequate disclaimers or warning users about investment risks. The study analyzed over 1,161 videos on the platform and discovered that 47% of creators were pushing services to make money. The potential financial risk for unwary investors remains high, with popular hashtags related to crypto churning over 6 billion views on TikTok.
Former TikTok Gaming Head Launches Blockchain Gaming Startup Meta0
Jason Fung, the former head of short video giant TikTok’s gaming division, launched a blockchain gaming startup called Meta0 as CEO and has completed its first round of financing.
Decentralized Streaming Music Service Audius Partners with TikTok to Share Sounds for Artists
The global video streaming platform TikTok and the encrypted music streaming platform Audius have developed a new feature called TikTok Sounds to support users to share sounds to the TikTok platform through Audius.
US-China Tech War and Data Concerns Could Create the Splinternet
Political tensions between the United States and China have been rising with some experts predicting the divide on data standards has grown large, it could split the internet.
US Judge Blocks Trump Administration’s Ban on TikTok Downloads
A federal US judge granted an injunction request against the Trump Administration’s order to ban TikTok downloads across all US app stores.