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Europe Makes History: Greenlights World's First AI Regulation

On February 13th, the European Union took a monumental step, voting overwhelmingly to approve the world's first-ever comprehensive legislation on artificial intelligence (AI). This groundbreaking "AI Act" sets the stage for a new era of responsible AI development, prioritizing safety and ethics alongside innovation.

Key points of the Act:

• Wide-ranging coverage: Regulates AI across diverse industries, from banking and aviation to healthcare and law enforcement.

• Focus on high-risk AI: Implements strict oversight for "foundational models" like ChatGPT, with safeguards for data privacy and copyright protection.

• Ban on harmful applications: Prohibits AI used for biased profiling, social scoring, and mass surveillance, protecting fundamental rights.

• Next steps: After securing committee approval, the Act faces a parliament vote in April, paving the way for implementation.

This landmark decision sets a powerful precedent for the global conversation on AI regulation. The EU's bold move highlights the growing need for responsible AI development and provides a framework for other countries to follow. While the journey is far from over, this historic step marks a significant milestone in shaping the future of AI within safe and ethical boundaries.

Come and join GameStation for a LIVE AMA with PIVX

⏰ Time & Date: 18 Feb at 12:00pm UTC

🏠 Venue: GameStation Official Telegram Channel

🔊 Speakers: Hans Koning (PIVX) & Crypto Kaffy (GameStation)

🔥 Best Questions: 200 $PIVX

😍To be in with a chance to win love and Like, Comment, and Share our Twitter announcement.

The AMA will be broken down into 3 parts:

1. Find out more about PIVX

2. We’ll select questions from the community and Twitter. A User can post a maximum of 3 questions. Just Comment on the AMA tweet and Tweet your questions!

3. There will then be an Open Chat for 120 seconds. You can post a Maximum of 3 questions. The PIVX Team will select questions and answer them.

Phantom Wallet Takes Flight: User Base Soars 220% in a Year

Phantom, the popular crypto wallet, is experiencing meteoric growth, according to TechCrunch. Co-founder and CEO Brandon Millman revealed their user base surged a staggering 220% since January 2023, reaching a massive new milestone. This translates to over 940,000 new installs – a whopping 460% increase over the same period.

So, what's fueling this incredible growth? Millman cites several airdrops, particularly Jito and Jupiter, as key drivers. These events distribute free tokens to eligible wallet holders, attracting new users and boosting engagement within the Solana ecosystem.

Born in 2021, Phantom initially focused on the Solana blockchain but has since expanded its reach to Bitcoin, attracting a wider audience. This multi-chain strategy, coupled with strong community support and a user-friendly interface, has clearly paid off.

Bitcoin Breaches $51,000, Reaching for Trillion Dollar Glory

Hold onto your hats, crypto enthusiasts! Bitcoin surged past $51,000 on Wednesday morning, reaching a market capitalization of $1 trillion for the first time since December 2021. This exciting milestone reflects the continuing bullish sentiment surrounding the world's leading cryptocurrency.

What's fueling the climb? Several factors are at play:

• Unwavering Optimism: Investors remain confident in Bitcoin's long-term growth potential, with some options traders predicting a rise to $75,000 in the coming months.

• ETF Demand Heats Up: The emergence of spot Bitcoin exchange-traded funds (ETFs) is attracting new investors, with BlackRock's IBIT experiencing nearly $500 million in net inflows on Tuesday alone. This indicates strong buying pressure and potentially further price increases.

• Technical Breakouts: Bitcoin has successfully breached key resistance levels around $50,000, leading to technical momentum and further investor confidence.

While the future remains uncertain, this latest surge suggests Bitcoin's ascent might not be over yet. With growing institutional adoption and bullish sentiment, the trillion-dollar milestone could be the first of many for this dynamic digital asset.

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