Altman sounds the alarm: AI voice clones are fooling banks, | Peter Maliar sur Binance Square

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Altman sounds the alarm: AI voice clones are fooling banks, apps, even people. 
The fraud wave isn’t coming it’s here. 
Every platform using biometrics needs to rethink security now. Deepfake resilience is the next frontier in user safety. Prepare now, or pay later.

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.

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Cryptocurrency prices can swing wildly. Bitcoin and other coins often rise or fall by large percentages in a single day. This volatility can mean big gains but also painful losses. It happens because crypto is still relatively new and speculative, with changing market sentiment driving prices. Even Bitcoin, the largest coin, has had dramatic crashes and recoveries. Investors should be cautious: never invest more than you can afford to lose. Security is also a concern digital wallets can be hacked if not protected properly. Understanding these risks is key, so patience and careful research are important for anyone involved.

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Cryptocurrency is reshaping finance by enabling anyone to transact without middlemen. It allows people to send money globally in minutes, often with lower fees than traditional banks. In places with unstable currencies, crypto can provide a more reliable store of value. It also inspires new financial services, like lending and payments, handled by code instead of institutions. This innovation, called decentralized finance, opens access to those excluded by traditional banking. By removing gatekeepers, crypto empowers individuals and could make the financial system more inclusive, efficient, and resistant to censorship. Many see it as a meaningful upgrade to today’s financial infrastructure.

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Cryptocurrency is digital money secured by cryptography. It isn’t controlled by banks or governments, meaning you can send value directly to anyone, anywhere in the world, online. Transactions are recorded on a public ledger called a blockchain, making them transparent and hard to tamper with. Bitcoin was the first crypto, introduced in 2009, and thousands of others have since emerged. People use crypto for fast global payments and as an investment. While the technology may seem complex, its core idea is simple: it lets people trade value on the internet without needing permission from or trust in a central authority.

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PNC Bank to Offer Crypto Services Through Coinbase Partnership Pittsburgh-based financial services corporation PNC Bank has announced adding Coinbase’s Crypto-as-a-Service platform, enabling customers to buy, hold and sell crypto. The crypto move announced on Tuesday said that PNC will also offer “best-in-class” banking services to Coinbase. The PNC-Coinbase deal comes amid growing demand for regulated crypto offerings. “This collaboration enables us to meet growing demand for secure and streamlined access to digital assets on PNC’s trusted platform,” said William S. Demchak, CEO of PNC Bank. PNC Bank has become one of the largest American banks to launch crypto services at large. Following years of cautious approach, US banks are increasingly embracing crypto, signalling steps toward deeper integration of digital assets in mainstream portfolios. “Traditional finance is slowly waking up to crypto’s call and is vying for a piece of the pie,” Gadi Chait, Xapo Bank’s Investment Manager, told Cryptonews. PNC Bank did not disclose the timeline for its crypto launch. Newfound Token Enthusiasm Among US Banks US banks are seeking deeper ties with crypto firms to avoid missing out on deals spurred by a more relaxed regime under Trump.

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South Korea Restricts Firms From Including Coinbase, Strategy in ETF Portfolios The Financial Supervisory Service (FSS), South Korea’s integrated financial regulator, has recommended asset management firms “not to excessively include” crypto stocks like Coinbase and Strategy in their ETFs portfolios. The regulator has issued verbal guidance to domestic firms, restricting the proportion of crypto companies in ETFs, Herald reported. The directive indicates that the 2017 administrative guidance related to virtual currencies is still valid and must be followed. Additionally, the FSS administrative guidance comprises provisions restricting financial institutions from “holding, purchasing, acquiring collateral, and investing in virtual assets.” “Recently, there has been a trend of deregulation related to virtual assets in the U.S. and Korea, but there have been no specific laws or guidelines established yet,” an FSS official noted. “This means that existing guidelines should be followed until the new system is complete.” South Korea’s Existing Digital Asset Guidelines Since 2017, Korean regulators have prohibited corporate transactions in virtual assets. The government’s decision at that time was driven by concerns over money laundering, given that corporate trading was seen as posing higher risks compared to individual trading.

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