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Trump’s Crypto Company World Liberty Financial Launches Strategic Token Reserve
- Written by Andrea Miliani Former Tech News Expert
- Fact-Checked by Justyn Newman Former Lead Cybersecurity Editor
The crypto platform World Liberty Financial, a decentralized finance (DeFi) business backed by Trump and his sons, announced a new strategic token reserve to support major cryptocurrencies such as Bitcoin and Ethereum.
In a Rush? Here are the Quick Facts!
- The Trump-backed DeFi platform World Liberty Financial announced a new strategic token reserve.
- The reserve is aimed at supporting cryptocurrencies such as Bitcoin and Ethereum, the crypto ecosystem, and mitigating volatility.
- World Liberty Financial is also working on alliances with traditional financial institutions and inviting people to join its community.
In a post shared on the social media platform X, the company revealed its Macro Strategy and its main purposes, including support for the crypto ecosystem, building trust, and mitigating volatility.
“We are thrilled to announce a transformative initiative that marks a significant milestone in our journey together,” wrote World Liberty Financial. “World Liberty Financial (WLFI) is proud to unveil the Macro Strategy, our strategic token reserve designed to bolster leading projects like Bitcoin, Ethereum, and other cryptocurrencies that are at the forefront of reshaping global finance.”
Last year, during his presidential campaign, Trump showed support for the crypto market and announced World Liberty Financial as a decentralized movement in September.
Bitcoin also surpassed the $100,000 benchmark for the first time in December, after Trump announced Paul Atkins as Chairman of the Securities and Exchange Commission.
World Liberty Financial also announced that it is in discussions with traditional financial institutions to contribute tokenized assets to the project, build innovative solutions, and collaborate on marketing campaigns.
The crypto business also encouraged people to actively participate, review their upcoming proposals, and join the community. “Your support and active participation are crucial as we embark on this transformative journey,” wrote World Liberty Financial.
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BBC Study Reveals AI Assistants Struggle With News Content Accuracy
- Written by Andrea Miliani Former Tech News Expert
- Fact-Checked by Justyn Newman Former Lead Cybersecurity Editor
The BBC has published a new study revealing that publicly available AI assistants struggle to provide accurate responses to questions from experts about news published on its website.
In a Rush? Here are the Quick Facts!
- BBC journalists and experts revealed that 51% of the answers provided by popular AI chatbots contained significant issues.
- The study shows that 13% of the quotes provided by the AI models were altered or made up.
- 19% of the information provided by the AI tools—from BBC’s News content—was inaccurate.
According to the study shared by the BBC , the researchers considered popular generative AI chatbots such as ChatGPT, Perplexity, Copilot, and Gemini. The study was performed over a month—providing access to BBC’s website—and it showed that 51% of the answers given by the AI tools had significant issues.
Journalists and experts considered the accuracy, impartiality, and analysis of how the AI technologies represented the content provided. Other findings in the study showed that 13% of the quotes provided by the AI models were either altered from the original source or made up, and that 19% of the results considering BBC’s content had factual errors or inaccuracies—related to numbers, dates, or statements.
“We’re excited about the future of AI and the value it can bring audiences,” said Pete Archer, Programme Director for Generative AI at the BBC, in a public announcement . “But AI is also bringing significant challenges for audiences. People may think they can trust what they’re reading from these AI assistants, but this research shows they can produce responses to questions about key news events that are distorted, factually incorrect, or misleading.”
The experts noted that the information provided by ChatGPT and Copilot was not up-to-date. As an example, they said that both chatbots stated that Rishi Sunak and Nicola Sturgeon were still performing as Prime Minister and First Minister respectively after they both left.
The BBC has also complained about other technologies providing inaccurate information, like Apple’s Intelligence summarized news alerts providing false statements. The tech giant recently announced a new update to the AI news summary feature after the journal filed a complaint.
