Just like for SpaceX, investors may look to ‘make room’ for AI lab IPOs. These stocks could pay the price.
OpenAI and Anthropic’s listings may dovetail with a seasonal tax plan, further hurting some poor performers Source:MarketWatch
OpenAI puts $1 billion behind cyber defense after unveiling AI that can find zero-days
The company is subsidizing access to its Daybreak security platform after saying Astra can independently find previously unknown software flaws and turn them…
Australia is cracking down on crypto businesses as its strict new regulatory deadline nears
Firms that miss the deadline could breach financial services law from Oct. 1 and face civil or criminal penalties. Source:CoinDesk
OpenAI says its new 'Astra' AI can build attacks without human help
Astra is the first OpenAI model to reach its “Critical” cybersecurity threshold, meaning it can find previously unknown vulnerabilities and develop ways to…
Ethena launches USDe payments app, offers 6% rewards
The selfcustodial app brings USDe into everyday payments, savings and crossborder transfers, with annualized rewards of up to 6%. Source:Cointelegraph
Ethena pushes stablecoins into everyday banking with high-yield savings, cards and payments
Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement. Source:CoinDesk
OpenAI’s ‘Trust Us’ TIME cover raises an old warning for AI bulls
The magazinecover indicator has a messy record, but TIME’s OpenAI cover checks the classic boxes: a mainstream publication, a widely understood theme and a…
Sam Altman once called ads a ‘last resort.’ Now OpenAI is on track for $1 billion in revenue from them.
The company is making it easier for businesses across the world to take out ads on ChatGPT. Source:MarketWatch
Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
The issuer of the $4 billion USDe token said it expects realworld asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months.…
California Senate passes bill to ban memecoin issuance by public officials
The bill seeks to prohibit the listing of memecoins issued by federal public officials to California residents, citing conflicts of interest and “paytoplay…
ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA…
Ethena surges as buyback vote, VC unlock overhaul boost token outlook
The changes aim to cut investor selling pressure and channel protocol revenue to ENA as Ethena looks to revive USDe growth. Source:CoinDesk