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OpenAI Claims AI Agents Solved a $1 Million Mathematics Problem
OpenAI says 10,000 AI agents helped produce a proposed solution to one of the seven Millennium Prize Problems. Mathematicians are now debating how independently the internal model generated the work and whether it can be verified.
Block Seeks US Trust Bank Charter for Bitcoin and Stablecoins
Jack Dorsey’s Block is seeking a US trust bank charter for proposed Builders Bank. The institution would offer federally supervised custody for Bitcoin and stablecoins but would not accept deposits or issue loans.
Copper CEO Amar Kuchinad Leaves as Buyer Search Reaches Fourth Month
Amar Kuchinad has left cryptocurrency custody firm Copper after serving as CEO since 2024, according to two people familiar with the matter. His departure comes as the company’s search for a buyer enters its fourth month.
Cardano’s Leios Scaling Gains Raise New Questions for ADA Fees
Cardano’s Leios upgrade is linked to a potential sixfold scaling improvement, while a conditional 2029 fee benchmark depends on sustained paying usage. CryptoSlate says the resulting adjustments could affect ADA delegators, pool operators and users differently.
XRP lending model exposes depositors to most losses from a single default
A CryptoSlate model indicates that one default could leave XRP lending-vault depositors bearing 90% of a 90,000-token loss, while ten smaller loans would produce a modeled loss of 4,500 tokens under the same coverage rates.
DBS and Citi Complete Weekend USD Payment on Swift Digital Ledger
DBS and Citi completed a weekend USD payment through Swift’s Digital Ledger using tokenized deposits. It is the second confirmed live use of Swift’s blockchain ledger as the network seeks to compete with always-on digital payment rails.
Bank of Korea Study Links Dollar Stablecoin Demand to Local Currency Weakness
A Bank of Korea study links buying pressure in dollar-backed stablecoins and Binance-paired currencies with local-currency depreciation, citing market makers’ efforts to balance positions as a possible channel.
Solana’s 90% account-deposit cut could reduce SOL’s holding appeal
CryptoSlate reports that Solana’s first account-deposit reduction is live, while the full 90% cut remains incomplete. The broader plan could reduce SOL needed for accounts and weaken one reason to hold the token.
OpenReserve Wins Approval for Full-Service National Bank Charter
a16z-backed OpenReserve received approval for a full-service national bank charter. The startup chose this route over a trust-bank structure, opening a path to insured deposits and conventional lending alongside stablecoin issuance.
CLARITY Act Faces Timing Risk as House Cuts Legislative Calendar
CryptoSlate reports that a Sept. 15 Senate procedural step and the House’s newly scheduled Sept. 17 departure leave limited time for the CLARITY Act, raising the prospect of action during a lame-duck session.
OpenAI Commits $1 Billion to Cyber Defense After Astra Zero-Day Breakthrough
OpenAI is putting $1 billion behind cyber defense and subsidizing access to its Daybreak platform after saying Astra can find previously unknown software flaws and turn them into working attacks.
Nearly $10 Million at Risk as Ethereum Layer 2 Prepares to Shut Down
Nearly $10 million could be stranded on an Ethereum layer 2 after deposits were halted and the network announced plans to shut down. CryptoSlate said users must follow differing exit procedures before New Year’s Eve to avoid possible loss.