CryptoNews

Brazil Police Bust $9.7B Crypto Rings, Use AI to Spot Tax Fraud

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazilian police dismantle $9.7 billion crypto laundering rings, Brazil uses an artificial intelligence (AI) tool to detect tax fraud linked to cryptocurrency, and Latam’s neobank Nubank halts trading of its coin. Operation Niflheim: Brazilian Authorities Crack…
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Cleantech & EV'sNews

Kia's low-cost EV3 is about to get even better with new variants on the way

Kia confirmed plans to launch new AWD and GT variants for its electric EV3 SUV. The EV3 is the first of Kia’s new low-cost EV lineup as it looks to challenge industry leaders. It’s been almost a year since Kia first took the sheets off the EV3 during its first annual EV Day last October. After opening orders this summer in Korea with prices starting at just $30,700 (KRW 42.08 million), Kia’s…
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AI & RoboticsNews

LLaMA-Omni: The open-source AI that’s giving Siri and Alexa a run for their money

Researchers at the Chinese Academy of Sciences have developed an AI model that could change how we interact with digital assistants. The new system, dubbed LLaMA-Omni, enables real-time speech interaction with large language models (LLMs), promising to transform industries from customer service to healthcare. LLaMA-Omni, built on Meta’s open-source Llama 3.1 8B Instruct model, can process spoken…
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CryptoNews

Grayscale Launches XRP Trust — Cites Potential to Transform Legacy Financial Systems

Grayscale Investments has created a new trust for XRP, allowing accredited investors to gain exposure to the cryptocurrency known for facilitating cross-border transactions. The Grayscale XRP Trust functions like other single-asset crypto investment vehicles, holding only XRP. Grayscale’s head of product highlighted the potential of XRP to transform financial infrastructure. Grayscale Launches…
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