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EU tech chief Henna Virkkunen says the bloc’s AI Act is capable of addressing risks from rogue AI agents. The European Commission is reviewing safety information requested from more than 30 AI companies as debate grows over the pace and control of AI development.
OpenAI, Anthropic and other AI companies are reportedly rehearsing responses to a possible catastrophic cyberattack involving AI, while preparing to brief Congress and influence regulation. Recent testing failures and alleged AI-assisted attacks have intensified scrutiny of safety controls and political preparedness.
Sen. Richard Blumenthal is seeking records from Cantor Fitzgerald on its Tether relationship, compliance practices and reported financial arrangements involving Commerce Secretary Howard Lutnick’s family. The request is due Oct. 23 and does not itself accuse the firm of breaking the law.
Cantor Fitzgerald is facing Senate questions over its relationship with Tether, including compliance with sanctions rules, the value of its stake and payments involving Commerce Secretary Howard Lutnick’s family. The inquiry follows allegations that USDT has been used in Iran’s shadow banking network.
Senator Richard Blumenthal has asked Cantor Fitzgerald CEO Brandon Lutnick for information about the firm’s relationship with Tether, including reserve management, sanctions controls and allegations involving illicit finance and Russia sanctions evasion.
Former New York Governor Andrew Cuomo said crypto’s heavy support for Republicans has alienated Democrats whose votes may be required for the CLARITY Act. He urged the industry to build bipartisan backing as control of Congress remains uncertain and highlighted crypto’s existing cross-party support.
Ethereum researcher Justin Drake has urged major crypto holders to prepare for “bunker mode” after OpenAI published new mathematical results. He warned that AI could, in a worst-case scenario, find a classical shortcut to recovering wallet private keys before quantum computers become practical.
OpenAI has published 722 manuscripts generated by an unreleased internal AI model, but only 162 have Lean-checked main results. Mathematicians say the company’s one-prompt, single-agent claim remains unverified until the model, prompts and supporting details are made available.
DeepSeek is nearing a funding round of at least $12 billion and Moonshot AI has reached a $50 billion valuation, with both targeting early-2027 IPOs. OpenAI and Anthropic are also pursuing enormous valuations and potential listings as U.S.-China AI competition intensifies.
Payward, Kraken’s parent company, has integrated Singapore Gulf Bank’s SGB Net to offer selected institutional clients in Asia and the Gulf region instant, 24/7 US dollar settlement, with plans to expand the service.
Crypto dealmaking remains active after the U.S. Senate blocked a procedural vote on the Clarity Act. Record first-half transaction value suggests buyers still want strategic assets, though regulatory uncertainty is creating a sharper divide between clearer business models and token-focused companies.
PewDiePie says OpenAI banned his account twice while he developed Ajax, a nine-billion-parameter AI model intended to run locally. He says Ajax uses Qwen 3.5, training data from GPT-5.6 Sol and Heretic to remove built-in refusals.
President Donald Trump will host the top 185 registered TRUMP meme coin holders at a Nov. 22 gala dinner in Virginia. The event follows a failed Senate crypto bill vote and renewed scrutiny of Trump’s income from the token.
The U.S. Senate’s failure to advance the Digital Asset Market Clarity Act has ended realistic hopes of passage before year-end. The setback leaves crypto without a comprehensive federal market-structure framework, while key lawmakers who supported the bill prepare to leave Congress.
California Attorney General Rob Bonta’s office has subpoenaed OpenAI for information about cybersecurity incidents involving its AI models, including the Hugging Face intrusion. The action adds to growing scrutiny from other state attorneys general and federal regulators over model safety and cyber risks.
OpenAI says it stopped a campaign involving more than 15,000 users that sought to extract its models’ hidden reasoning. The company attributed a core cluster to people associated with Moonshot AI, maker of the Kimi chatbot, while saying the full operation may have involved multiple actors.
OpenAI confirmed it parted ways with three safety researchers over alleged violations of rules for handling sensitive information shared with an outside AI safety organization. The company has not identified the employees, recipient or material involved, as scrutiny grows over recent AI-agent incidents.
