OpenAI Staff Blame Rush to Ship for Rogue Agent Hack

In briefOpenAI employees told Wired that pressure to release models and products has made it difficult to prioritize safety, security, and alignment.A former employee called the breach the largest safety incident in OpenAIs history.OpenAI has slowed research, reassigned teams, and spent millions investigating the failure.  OpenAIs rush to release new models and products contributed to conditions that allowed its AI agents to escape internal testing environments and hack Hugging Face earlier this year.  Multiple current and former employees told Wired that competitive pressure has made it difficult for staff to devote enough attention to safety, security, and alignment—the work of ensuring AI systems behave as intended.  Myriad: When will OpenAI release GPT-6? Click to make your prediction.  “They were incredibly sloppy. If you‘re serious about this, your AI shouldn’t be able to break out onto the internet and then do it again right afterward,” a former OpenAI employee told Wired. “This was the biggest safety incident in OpenAIs history.”  In May, OpenAIs GPT-5.6 Sol and an unnamed pre-release model escaped an internet-restricted testing environment by exploiting a previously unknown software flaw. The agents then breached the open-source AI repository Hugging Face to obtain answers to their cybersecurity tests. In July, OpenAI confirmed that its models

08-15انڈسٹری

JPMorgan boosts Bitcoin, Ether ETF positions in Q2 filing

JPMorgan‘s reported position in BlackRock’s Bitcoin exchange-traded fund increased by about 25% in the second quarter, while its Ether ETF position more than quadrupled, according to its latest securities filing.  The Form 13F filing with the US Securities and Exchange Commission, submitted Wednesday, covers holdings as of June 30 and includes 17 other investment managers across JPMorgan.  That makes it difficult to determine whether individual positions reflect a directional market view, Jonatan Randin, senior market analyst at PrimeXBT, told Cointelegraph.  “It gives you some idea of what they are doing but not their opinion about the future direction of a specific market,” Randin said.  JPMorgan reports larger Bitcoin, Ether ETF positions  The filing showed about 10.4 million shares in BlackRocks iShares Bitcoin Trust ETF (IBIT) in Q2, up from 8.3 million shares in Q1 with a reported value of roughly $356 million.  Its position in the iShares Ethereum Trust ETF (ETHA) rose more sharply, climbing more than fourfold to about 1.17 million shares from roughly 267,000.  Randin said a 13F can combine holdings from different parts of an institution, including positions related to client activity and inventory, making it difficult to determine the purpose behind individual holdings. Form 13F filings also exclude short positions, meaning JPMorgans reported

08-15انڈسٹری

Crypto Biz: Bitcoins $116M self-custody wake-up call

A $116 million hardware wallet exploit has reopened one of Bitcoins oldest debates: Is holding your own keys worth the risk? Days later, US spot Bitcoin ETFs recorded their strongest inflows since April, prompting Bloomberg analyst Eric Balchunas to wonder whether security scares could eventually push more investors away from self-custody and toward ETFs.  Elsewhere, Strategy is preparing to resume Bitcoin purchases after a rare bout of selling, Riot Platforms is reportedly turning its mining infrastructure into a $9 billion AI deal, and Trump Media is rethinking its crypto treasury strategy after a $238 million quarterly loss.  Strategy CEO says company will resume Bitcoin accumulation this year  Strategy CEO Phong Le said the company plans to resume Bitcoin accumulation later this year, seeking to reinforce its long-term strategy after a series of relatively small sales drew scrutiny over its once-firm “never sell” stance.  Le told FOX Business that Strategy bought roughly 175,000 BTC and sold about 7,000 BTC this year — about 25 times more buying than selling. The company now holds more than 840,000 BTC, making it the largest institutional holder, but has sold Bitcoin on four occasions since May, most recently unloading 1,690 BTC to support preferred dividends, buybacks and its dollar

08-15انڈسٹری

UK authorities continue probe into Nigel Farage‘s crypto ’gifts after by-election win

UK Reform leader Nigel Farage will face an investigation that had been briefly paused following his resignation from Parliament after winning a by-election on Thursday with no major party candidates participating.  As of Friday, the UK Parliamentary Commissioner for Standards website showed that Farage was currently under investigation for “failure to register an interest” related to the Reform leader receiving millions of dollars‘ worth of donations and gifts from two figures tied to the crypto industry. The investigation was halted in July after Farage resigned as a member of Parliament, but resumed following his reelection as Clacton’s MP.  The commission will probe cryptocurrency billionaire Christopher Harborne giving Farage $6.7 million as well as the Reform leaders staff and security funded by George Cottrell, a convicted fraudster tied to a crypto casino. Should the investigation determine that Farage violated parliamentary rules, he faces a possible suspension from parliament, which could trigger another by-election.  Under UK parliamentary rules, new members must register all current financial interests within a month of their election, as well as any benefits received in the 12 months prior. Farage initially called Cottrell‘s donation a “reward” for campaigning for Brexit and later described both men’s contributions as “gifts” given “on an

08-15انڈسٹری

Kalshi ordered to stay open despite Washington ban

The CFTC has ordered Kalshi to continue operating under federal rules as a Washington judge restricted seven contract categories and set two geofencing deadlines for the prediction market.  The Commodity Futures Trading Commission said on Aug. 11 that it had used its emergency authority after Kalshi notified the agency of a market emergency tied to New York Attorney General Letitia James lawsuit against the exchange.  Under the CFTC emergency order, Kalshi must continue operating in line with the Commodity Exchange Act‘s Core Principles. The agency issued the directive after New York asked a state court to halt the company’s event contracts and sought more than $36 billion in damages.  Although the federal action arose from the New York case, the order has entered the legal fight over whether states can restrict products offered by a CFTC-registered exchange. The agency‘s Office of the General Counsel submitted the directive as supplemental authority to U.S. District Judge Lorna Schofield in the Southern District of New York, where the federal government is challenging New York’s enforcement position.  Sports betting lawyer Daniel Wallach described the directive as compelling Kalshi to defy state court orders. The CFTCs public statement did not use that wording, saying instead that Kalshi must continue

08-15انڈسٹری

Why Bitcoin Failed to Rally After CPI & PPI—Will the Correction Extend to $60,000?

Bitcoin price is stuck within a narrow range, consolidating between $63,000 and $64,000, failing to deliver an upside action after the latest U.S.inflation data. July CPI came in broadly in line with expectations, while PPI was more favourable, rising 0.0% month-over-month versus forecasts of a 0.2% increase. Treasury yields declined as expectations for further rate hikes eased, creating a supportive backdrop for risk assets. The response in traditional markets was clear. The S it is lacking strong follow-through from the spot market. The recovery from the June lows has therefore looked more like a cautious rebound than the start of a broad-based accumulation phase. Until spot activity begins to pick up meaningfully, Bitcoin may continue to struggle to break above resistance—and that leaves the $61,500–$62,000 support zone vulnerable if sellers return.  Conclusion: Will Bitcoins Correction Extend to $60,000?  Bitcoins failure to rally after favorable CPI and PPI data looks less like a macro problem and more like a demand problem. The negative Coinbase Premium, cooling spot activity and fading momentum all point to the same issue: there still arent enough spot buyers behind the recovery. That matters even more with $BTC currently struggling below the $65,000–$66,000 resistance area. Recent market data also

08-15

Morgan Stanley raises BlackRock Bitcoin ETF stake by 23%

Morgan Stanley has increased its reported holding in BlackRocks spot Bitcoin ETF by 23% to about 16.5 million shares while adding exposure to Ether, Solana, and several crypto-linked companies during the second quarter.  SummaryMorgan Stanley added roughly 3.04 million shares of BlackRocks IBIT during Q2.Its IBIT position was valued at $549 million as of June 30.Holdings in BlackRocks Ether ETF increased by 202% to 4.6 million shares.New positions included Morgan Stanleys Bitcoin fund and two Solana investment products.  The U.S. Securities and Exchange Commission filing signed on Aug. 11 showed that Morgan Stanley held about 16.5 million shares of BlackRocks iShares Bitcoin Trust, up from approximately 13.4 million shares at the end of the first quarter.  The addition of roughly 3.04 million IBIT shares represented a quarterly increase of about 23%. However, the reported value of the position fell by nearly 18%, from around $667 million to $549 million, as Bitcoins price declined during the three months ended June 30.  Morgan Stanley submitted the report as a combination Form 13F covering positions held by several related managers. The Q2 regulatory filing contained 45,905 entries with an aggregate reported value of about $1.89 trillion.  A Form 13F provides a quarter-end view of certain U.S.-listed securities held

08-15انڈسٹری

Tokenization stocks slip as SEC delay puts 'speed bump' in cryptos Wall Street push

The moves followed CoinDesks report late Thursday that the Securities and Exchange Commission (SEC) was set to further delay its anticipated “innovation exemption,” which is expected to make it easier for companies to offer trading in tokenized securities. Concerns from the White House and Wall Street over the proposals legal footing and potential market impact have held up the plan.  Adding to the uncertainty, the SEC canceled a meeting scheduled for Friday where commissioners planned to consider whether to propose new rules creating a tailored offering regime for certain investment contracts involving crypto assets.  The impact wasnt limited to stocks. The innovation exemption had also been expected to provide some regulatory relief for trading through decentralized finance venues, meaning the delay reaches beyond publicly traded tokenization companies. Uniswaps UNI (UNI), the native token of the decentralized exchange, fell 7% over the past 24 hours, making it the weakest performer in the CoinDesk 20 Index both Friday and this week.  For comparison, the Nasdaq 100, St necessarily change the longer-term story, according to Owen Lau, managing director and senior analyst at Clear Street.

08-15انڈسٹری

Coldcard Bitcoin Thefts Slow, But Losses Could Top $150 Million: Galaxy

In briefGalaxy Research now puts the Coldcard exploits confirmed haul above 1,778 BTC (about $112 million), with a suspected fourth wave that would lift it to 2,417 BTC.No confirmed attacker activity has appeared after August 6, across three major waves and more than 30 smaller footprints.Galaxy has spoken to 190-plus victims directly and still tells single-signature Coldcard holders to move funds to fresh addresses.  Stolen Bitcoin losses from the massive Coldcard wallet exploit have begun to slow, but the total amount of BTC swiped continues to climb—and the worst may not be over just yet.  That‘s the latest from Galaxy Research, the crypto research firm that’s been tracking the exploit from the start. The company said Thursday that the Coldcard seed-recreation exploit has now drained more than 1,778 BTC—roughly $112 million—and the final figure will likely be higher.  Myriad: Bitcoins next move? Click to make your prediction.  Galaxy said it has “very high confidence” in the tally, which counts confirmed, owner-attributed thefts since the attack opened on July 30, per its running thread on X.  “Attackers have been executing this attack since at least early morning July 30, 2026, systematically recreating Coldcard-generated seeds and sweeping the funds onchain,” Galaxy Research wrote.  Among Galaxys confirmed waves and

08-15انڈسٹری

First Hong Kong Stablecoin Is Live But Retail Cannot Touch It Yet

Hong Kongs first regulated Hong Kong dollar stablecoin went live on Wednesday. Almost nobody is allowed to hold it.  Anchorpoint Financial opened HKDAP to institutions, corporate clients and professional investors on Aug. 12. Retail buyers are not part of this phase.  Sponsored  Sponsored  Two Licences, 36 Applicants  The Hong Kong Monetary Authority (HKMA) took 36 applications before its window closed in September 2025. It approved two. HSBC holds one. Anchorpoint holds the other, licence FRS01.  Anchorpoint is a subsidiary of Standard Chartered Bank (Hong Kong). HKT and Animoca Brands are its venture partners. HashKey Exchange and OSL Group handle distribution.  Beijing bars yuan-pegged stablecoins abroad. An HKD token is therefore the only kind Hong Kong can license. Both winners are building Hong Kongs stablecoin race around the local dollar.  Why Retail Has to Wait  The citys Stablecoins Ordinance sets a high bar. Issuers need HK$25 million (about $3.2 million) in paid-up capital. Reserves must sit apart from company money. Holders redeem at face value within one business day and earn no interest.  Sponsored  Sponsored  The same law limits who may sell these tokens to the public. Only licensed issuers, banks and regulated platforms qualify.  Anchorpoint is moving in stages. Retail access is expected around the end of 2026, though the firm has committed

08-15انڈسٹری
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