Another OpenAI Exec Quits in Leadership Shake-Up as AI Giant Eyes IPO
The former operating chief is starting a new venture following several departures across the ChatGPT developer’s leadership and safety teams. Source: decrypt.co Read Full Story
Bitcoin
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BTCPay Backers Offer Bitcoin Bounty After Wallet Exploit
The reward aims to recover Bitcoin stolen after attackers gained access to connected LND wallets. Source: decrypt.co Read Full Story
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Thailand’s 0% crypto tax. Bitcoin Red Team forced to use Chinese AI: Asia Express
The Bitcoin Red Team has been forced to rely on open source Chinese AI, after OpenAI restricts access. Thailand sets crypto tax to 0% in bid to become crypto hub. Source: cointelegraph.com Read Full Story
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Grayscale turned more than $1.1 billion of staked crypto into a recurring reward-sale machine for ETF holders
Grayscale has formalized a mandatory minimum cadence for converting staking rewards from three crypto exchange-traded products into cash and paying the net proceeds to shareholders. Trust amendments executed Aug. 6 for the Grayscale Ethereum Staking ETF (ETHE), Grayscale Solana Staking ETF (GSOL) and Grayscale Avalanche Staking ETF (GAVA) require each product to reduce “Staking Consideration”…
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Is Clarity’s delay a blessing in disguise?: State of Crypto
The crypto industry is angry and disappointed that the Senate is not holding a procedural vote on the Clarity Act this month, but that isn’t the worst possible outcome. Source: www.coindesk.com Read Full Story
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SharpLink CEO Warns Against New Ethereum Network Proposal EIP-8363
SharpLink CEO Joseph Chalom has come out against EIP-8363. This Ethereum proposal would burn validator rewards as the staking ratio rises, warning that the change would weaken decentralized finance and erase ETH’s native yield advantage over Bitcoin (BTC). Joseph Chalom, a former BlackRock executive, laid out the opposition on Friday. Analysts, however, doubt the draft…
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Bitcoin Red Team Says AI Is Finding Critical Exploits Across Core Projects
A volunteer security effort says it has scanned 150 Bitcoin repositories, disclosed more than a dozen vulnerabilities, and is building an open-source AI platform to automate software security reviews. Source: decrypt.co Read Full Story
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Next big push in ETF industry? Why these risk assets are gaining traction as interest rate uncertainty persists
Collateralized loan obligations may become the next big push in the exchange-traded fund industry. Source: www.cnbc.com Read Full Story
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Bitcoin’s AI security sprint found 6,700 issues in 55 hours, but no one knows how many are real
AI-assisted security campaign focused on the Bitcoin ecosystem, Bitcoin Red Team, said it generated 6,700 findings across 425 projects in its first 55 hours. The campaign labeled 1,029 of them high or critical. The Aug. 6 update measures how much material entered a security triage pipeline, and its effect on software security remains unreported. The…
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Trump Media Abandons Crypto Treasury, Prediction Market Ventures
Truth Social’s parent company is unwinding two major Crypto.com deals as new leadership shifts its focus to media, data licensing, and a planned merger with fusion energy company TAE. Source: decrypt.co Read Full Story
