Michael Saylor points critical warning to BTC holders

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U.In the present day – Michael Saylor, chairman of MicroStrategy, one of many largest holders of a number one enterprise intelligence firm, has issued a critical warning to the Bitcoin group. He revealed that his safety group is eradicating synthetic intelligence (AI)-generated deepfake movies that includes him selling Bitcoin scams.

Saylor revealed that his group removes roughly 80 pretend AI-generated YouTube movies day by day, however scammers proceed to create extra.

MicroStrategy's chairman warned the crypto group on X (previously Twitter) a few pretend podcast encouraging customers to scan barcodes and ship Bitcoin to obtain double the quantity. These are typical Bitcoin fraud schemes aimed toward tricking and stealing unsuspecting victims.

On this mild, Saylor warns BTC holders that there is no such thing as a risk-free solution to double their Bitcoin and that MicroStrategy is not going to switch BTC to anybody who scans a barcode. We additionally encourage you to all the time confirm somewhat than blindly belief.

Saylor shouldn’t be the one high-profile crypto expertise focused by AI scammers. In November 2023, a deepfake video surfaced on social media displaying CEO Brad Garlinghouse selling a pretend XRP giveaway.

Synthetic intelligence (AI) is a complicated and quickly increasing expertise that may generate reasonable and compelling digital content material resembling images, video, audio, and textual content. Though synthetic intelligence has many optimistic and useful makes use of, it can be used for malicious functions.

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The cryptocurrency group ought to concentrate on the dangers that AI might pose and take motion to guard their holdings. Greatest practices to keep away from AI fraud embrace verifying the supply and authenticity of knowledge and presents associated to cryptocurrencies earlier than taking any motion. You also needs to by no means ship cryptocurrency to unknown or untrusted addresses or platforms, particularly in the event that they promise unrealistic advantages or rewards.

This text was initially printed on U.In the present day