ZachXBT posed as a scammer to infiltrate a Chinese crew accused of laundering most of Bybit’s $1.5 billion for North Korea. His launderer repaid him with Kim Jong-un updates, dinner photos, and a mahjong invitation. The investigator says the intel helped freeze funds and attribute Bybit flows. He fronted $349,700 of his own money and…
A new bill bans federal candidates from trading prediction market contracts related to their own elections and would result in a fine if violated. Source: www.cnbc.com Read Full Story
Just a couple of months after its last big raise, the AI chip startup is already being plied with investment offers at double or more its current value, sources tell TechCrunch. Source: techcrunch.com Read Full Story
FinCEN is withdrawing a proposal that would’ve designated crypto mixing a “primary money laundering concern” under the PATRIOT Act. Source: www.theblock.co Read Full Story
For all the data that AI systems continually amass and analyze, enterprise AI agents often suffer from a curious shortcoming: a lack of knowledge. More than data, knowledge is the understanding of what the data means in the context of individual organizations. AI agents need this understanding to reason about situations, make decisions, and ultimately…
OKXICE has notified the SEC that it intends to launch a tokenized securities trading venue under the innovation exemption. Source: www.theblock.co Read Full Story
OpenAI Group PBC Chief Executive Sam Altman insists that the security risks of artificial intelligence need to be taken seriously. But unlike his counterpart Dario Amodei of Anthropic PBC, he believes that people need to accept that “some bad things” are going to happen if everyone is going to enjoy the benefits of AI. In…
President Trump named a new “Super Intelligence Force” to coordinate federal AI policy, with Director of National Intelligence Jay Clayton at the helm. As SEC chair, Clayton launched crypto lawsuits including the agency’s case against Ripple. Source: decrypt.co Read Full Story
Under the One Big Beautiful Bill Act, data center projects in rural areas could be eligible for major tax benefits starting next year. Some hyperscalers do not seem eager to take the free cash. Source: www.wired.com Read Full Story
The Independent Community Bankers of America sued the OCC in federal court in Washington on Oct. 2, two weeks after the agency approved Agora National Trust Bank, Catena Trust Bank and Bastion Platforms. American Banker reported that the complaint asked the court to vacate the OCC’s national trust bank rule and Interpretive Letter 1176. It…