Slammed – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Fri, 29 Aug 2025 05:26:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Slammed – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Will Smith Slammed for Allegedly Using AI to Fake Concert Crowd https://earlybirdsinvest.com/will-smith-slammed-for-allegedly-using-ai-to-fake-concert-crowd/ https://earlybirdsinvest.com/will-smith-slammed-for-allegedly-using-ai-to-fake-concert-crowd/#respond Fri, 29 Aug 2025 05:26:03 +0000 https://earlybirdsinvest.com/will-smith-slammed-for-allegedly-using-ai-to-fake-concert-crowd/

Will Smith is facing online criticism after posting a concert-style video that some viewers believe was created using artificial intelligence (AI).

The footage, which shows Smith performing his song You Can Make It, includes a crowd cheering, waving signs, and singing along.

However, according to an August 28 report by Fox News, many people who watched it claim the audience appears to be generated by AI.

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The short video was shared on YouTube Shorts and social media, with Smith writing:

My favorite part of the tour is seeing you all up close. Thank you for seeing me too.

Some scenes feature fans holding signs with personal messages, including one that said, “You Can Make It helped me survive cancer. Thx Will”.

However, according to the report, several viewers noted that the visuals appeared off. One person pointed to a sign reading “From West Philly to West Swiggy” and told others to pause the video there to see the faces behind it were melting or oddly shaped.

One viewer remarked, “Imagine being this rich and famous and having to use AI footage of crowds and bot comments on your video. Tragic, man. You used to be cool”.

Comments ranged from disappointment to amusement, with one person describing it as “equal parts embarrassing and hilarious”.

Recently, the First Lady of the United States, Melania Trump, introduced a new student competition called the Presidential AI Challenge. What is the competition about? Read the full story.

]]> https://earlybirdsinvest.com/will-smith-slammed-for-allegedly-using-ai-to-fake-concert-crowd/feed/ 0 55666 Bitget Slammed by ASIC for Unlicensed Crypto Futures in Australia https://earlybirdsinvest.com/bitget-slammed-by-asic-for-unlicensed-crypto-futures-in-australia/ https://earlybirdsinvest.com/bitget-slammed-by-asic-for-unlicensed-crypto-futures-in-australia/#respond Mon, 28 Jul 2025 23:07:18 +0000 https://earlybirdsinvest.com/bitget-slammed-by-asic-for-unlicensed-crypto-futures-in-australia/

Australia’s financial regulator has issued a warning to Bitget



$4.75B

for offering crypto futures products without proper authorization.

The Australian Securities and Investments Commission (ASIC) said that Bitget, along with its parent company BTG Technology Holdings Limited, has been promoting futures trading services that are not licensed in the country.

According to ASIC, Bitget is not registered under an Australian Financial Services (AFS) licence. This means it is not allowed to advertise or offer its financial products to people in Australia.

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Without this license, investors using the platform do not have access to important protections, including dispute resolution and safeguards for their funds.

The regulator said the warning is part of its ongoing efforts to reduce the risks that come with trading complex and unregulated crypto products, especially for everyday investors.

While licensed firms in Australia must limit crypto derivatives to a 2:1 leverage ratio, Bitget allows users to trade with leverage of up to 125:1.

ASIC explained:

Trading in highly leveraged derivative products can result in substantial losses.

They also reminded investors that dealing with unlicensed providers could make it harder to recover losses or get help if something goes wrong.

Bitget is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC), the agency responsible for monitoring financial crime. However, that registration only covers basic crypto exchange services, and it does not give the company permission to offer or promote futures trading.

AUSTRAC recently outlined a new strategy to combat financial crime by naming cryptocurrency platforms as a top priority. What did the agency say? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
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