OpenAI trails Anthropic as losses deepen and Altman pauses frontier AI training
Widening losses and intensifying competition coincide with a pause in frontier reinforcement-learning training as openai strengthens its safety controls.
Crypto
Live updates: Bitcoin remains above $64,000 as oil rises and the Kospi tumbles 6%
U.S. Treasury yields retreat from the highest levels in decades, while bitcoin holds above $64,000.
Arthur Hayes takes CEO role at Flop Labs ahead of Q4 airdrop
Hayes revealed his new role as Flop Labs CEO and teased a “massive airdrop” from the AI inference protocol in the fourth quarter of 2026.
Bitcoin ETFs add $189M as August net inflows approach $1B
US spot Bitcoin ETFs took in $189 million on Tuesday, lifting August net inflows to $951 million, while Ether ETFs added $71.5 million.
Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million
A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker drain real assets.
Robot maker Unitree’s IPO surges 600%, outpacing crypto traders’ premarket bets
A Hyperliquid perp priced Unitree far above its IPO valuation before Shanghai trading began, but the robot maker’s first public trade still opened roughly 75% above crypto traders’ implied price.
MAYAChain halts network after estimated $1.7M exploit
A preliminary analysis says six chained bugs let a 23-message transaction drain 48.87 million CACAO, sending the token down nearly 89%.
Solana leads bitcoin and ether higher while Korean chip stocks slide 7%
Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at 2 p.m. ET.
US accounting board FASB proposes conditions for stablecoins as cash equivalents
The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves.
‘It has to pass’: Andrew Cuomo warns U.S. is falling behind on crypto rules
Former New York Gov. Andrew Cuomo says the CLARITY Act is key to linking crypto and traditional markets.
Robinhood CEO urges U.S. to clear path for tokenized stocks as overseas markets advance
Vlad Tenev says tokenized stocks could bring real-time settlement and 24/7 trading, but U.S. rules remain a hurdle.
Pennsylvania Cracks Down on AI Data Centers as Backlash Grows
Gov. Josh Shapiro ordered new restrictions on large data centers aimed at shielding residents from higher electricity costs and giving communities more control over proposed projects.
Mozilla Tests an AI ‘Smart Window’ in Firefox—But Only If You Opt In
The optional window puts an assistant of your choice next to your tabs, with a switch to disable it.
Rare Books Traced to Amazon AI Training Facility to Be Scanned and Destroyed
A tracking device planted in a book order ended at a Las Vegas facility where Amazon strips bindings to scan pages for training data.
U.S. accounting-standards group proposes way to see stablecoins as ‘cash equivalent’
The Financial Accounting Standards Board, a nonprofit that governs accounting practices, proposed that certain stablecoins should fit the bill as cash-like.
SEC proposes new crypto rules in absence of CLARITY Act
The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as “investment contracts” and certain exemptions for token issuance.
Arguing With People on X May Get You More Posts You Hate as Algo Feeds on Ragebait
X’s algorithm may turn argumentative replies into a feedback loop that serves users more content that clashes with their values, with the effect stronger among Democrats, researchers found.
FalconX, Interstice Connect Canton to Ethereum, Solana and Robinhood Chain
The non-custodial cross-chain swap engine connects Canton’s institutional tokenized-asset markets with liquidity and trading activity across major public blockchains.
SEC Proposes Crypto Fundraising Exemptions in Abrupt About-Face
The proposed rules would let crypto projects raise capital through token sales without full securities registration and create a path for tokens to separate from investment contracts.
Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto
A Florida representative not running for reelection who voted against the GENIUS and CLARITY Acts has endorsed a Democratic candidate, possibly leading to PAC-funded negative ads.
Cypherpunk launches Zcash mining fleet controlling 18% of network hashrate
The $33.3 million Winklevoss Capital deal expands Cypherpunk’s ZEC strategy as it targets 5% ownership of the cryptocurrency’s circulating supply.
Markets Confident OpenAI Releases Its Next AI Model in Weeks
Traders are betting OpenAI’s next frontier model lands within weeks—even after the company pumped the brakes.
U.S. SEC proposes first major crypto rule in surprise announcement
The Securities and Exchange Commission issued the “Regulation Crypto” proposal after having cancelled a meeting days before meant to vote on it.
Wyoming joins $15 billion LayerZero exodus with state stablecoin move
This is the first time a U.S. government entity has publicly replaced its blockchain infrastructure specifically on security grounds.
Trump Family Crypto Firm Tied to Chinese AI Models US Government Called a Security Risk
WorldClaw accepts World Liberty’s USD1 stablecoin while offering AI models from Chinese companies facing U.S. national security restrictions.
Bitcoin Wallet Maker BitBox Says AI Found Severe Flaws in Firmware
The Swiss hardware-wallet maker found two severe bugs with the help of frontier AI models, and warns that older firmware leaves you exposed.
Kraken’s Krak debuts US debit card as Payward broadens financial services push
The multi-asset card lets US customers spend crypto and fiat and earn cashback as Kraken’s parent company expands across financial services.
Google Is Paying $10 Million to Use Spirit Airlines Data to Train Its AI Models
The bankrupt airline’s internal communications and business records could soon be used to improve Google’s AI systems.
Bitcoin has gone quiet as traders chase ‘5x or 10x’ payoffs elsewhere
Bitcoin’s price swings have hit a cycle low, squeezed by a market tug-of-war with no clear winner. The traders who once lived off its chaos have taken their risk appetite elsewhere.
Federal prosecutors blast ex-Celsius CEO’s motion to vacate as ‘without merit’
Despite already serving a 12-year sentence in federal prison, Alex Mashinsky continues to explore legal avenues to vacate his conviction related to activities at Celsius.