Note: The X account is not owned by the original Enron entity. Users should be aware of the risk.

Beating AI News Flash: Chair of the U.S. President’s Council of Advisors on Science and Technology (PCAST) David Sacks stated that Anthropic’s initial public offering (IPO) must clearly be suspended until allegations against the "whistleblower" are investigated. The whistleblower is Jacob Coxon, a former Anthropic researcher. Coxon previously worked on pre-training research at OpenAI, joined Anthropic in July 2026, resigned in September after roughly four months on the job, and publicly posted on X warning: Many insiders at top AI firms genuinely believe the technology could cause human extinction within a decade, and both companies are recklessly racing toward self-improving superintelligence—gambling with the lives of all humanity. When he left, Coxon’s equity had not yet vested (companies typically begin vesting after six months), so he gave up potential massive stock gains. The incident unfolded as Anthropic had secretly filed for an IPO, with a valuation approaching $1 trillion.

According to Bitget market data, the Hang Seng Tech Index’s decline has widened to 2%. Zhipu and MINIMAX-W both saw sharp adjustments, with Zhipu falling over 7% and MINIMAX-W dropping more than 6%.

Prominent crypto trader Bonk Guy has published a bullish post on PONS: The platform generated $1.34 million in revenue in a single day, with the day still not over. Even as activity on the Robinhood Chain has cooled in recent days, PONS still boasts an annualized revenue of roughly $202 million, a market cap of $434 million, and $3.7 million remaining in its buyback wallet, which is also accumulating rapidly. These funds will be used to purchase PONS tokens on the market via TWAP (Time-Weighted Average Price) orders, while new revenue comes in faster than the wallet is deployed for buybacks. Bonk Guy argues that a protocol generating over $200 million in annual revenue is only valued at $434 million in market cap, equating to "something worth billions being sold for pennies." PONS remains one of the most undervalued protocols in crypto, and the market cannot continue to ignore it. Note: PONS is the largest holding in Bonk Guy’s current portfolio, valued at $6.9837 million, with a return of 10213.81%.

In his speech on the first night of the Republican National Convention, Donald Trump said that if the Republican Party wins control of the U.S. House of Representatives and Senate, he will distribute a $5,000 bonus to every adult in the United States.

According to U.S. officials, Vice President JD Vance, Secretary of State Marco Rubio and other key aides discussed a scenario with Trump in the Oval Office and Situation Room: Even if the U.S. maintains its blockade and continues military operations, Tehran may still choose to resist, extending the conflict beyond the end of Trump’s term in January 2029. This assessment stands in sharp contrast to Trump’s public comments on Wednesday, in which he insisted the war would end “immediately” after the November midterm elections, as Iran “can’t hold on much longer.” The conflict is now in its seventh month, with 18 U.S. service members killed. Vance signaled last week that the conflict could drag on, saying he is uncertain when hostilities will end and refusing to provide “artificial timelines” that could be exploited by Iran. Signs of long-term war preparations are mounting. Treasury Secretary Scott Bessent has labeled the maritime blockade and sanctions strategy “Operation Economic Orphan,” framing it as an alternative to large-scale military operations. Defense Secretary Pete Hegseth has extended the deployment of some U.S. troops in the Middle East through 2027; the Pentagon plans to prolong air defense deployments with no set withdrawal date, and a third Marine Expeditionary Unit is set to deploy to the region this fall. Brookings Institution Iran expert Suzanne Maloney argues that the maritime blockade is unlikely to produce decisive results in the near or even medium term, noting its only realistic application is tied to a long-term siege plan. International Crisis Group expert Ali Vaez points out that Washington can continue to pressure Iran at a manageable cost, while Tehran can shift most of the pain onto its own people. “All parties are paying a price, but neither side’s leadership has paid enough to accept the other’s terms.”

Last week, the European Commission adopted an enabling act expanding the Central Contact Point (CCP) framework—previously applicable only to e-money institutions and payment institutions—to Crypto Asset Service Providers (CASPs). This allows member state regulators to require locally operating crypto trading platforms and other such entities to designate local contacts. The revised CASPs are integrated into the anti-money laundering (AML) and compliance regulatory liaison network, giving regulators a fixed on-ground point of contact within their jurisdictions and strengthening information sharing and law enforcement cooperation.