Deepfake Scam Claims Marcos Jr. Blocked Elon Musk’s Crypto, News Outlet Fact Checks

Featured image screenshot from PressOnePH‘s story. With regulatory uncertainty still surrounding the crypto industry in the Philippines, any news about developments in the space can quickly gain traction. Recently, a deepfaked video falsely alleged that President Ferdinand Marcos Jr. is blocking Elon Musk’s cryptocurrency platform in the country. What is It About? According to PressOne.PH,…

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Fed Pauses Rate Hikes, Cuts Treasury Redemption Cap as Tariff Effects Loom

The U.S. central bank opted to hold the federal funds rate steady within the range of 4.25% to 4.50%, emphasizing that “inflation remains somewhat elevated.” Powell Highlights Tariff Challenges in Economy, Fed Adjusts Financial Strategy Simultaneously, the Federal Reserve announced a strategic adjustment to its balance sheet normalization efforts, declaring it would “slow the pace…

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