Two crypto billionaires splurge $97 million to back Britain's Reform Party

Beating AI News reports that OpenAI CEO Sam Altman confirmed in an exclusive interview with Fortune that the company will not hold an IPO in 2026, noting that going public now is "ill-timed" given the current AI security landscape. Altman stated OpenAI is in no rush to go public, and will consider an IPO only when its business is ready and society can adapt to AI models of varying capability levels. He added that the company needs to prioritize resolving AI safety and alignment issues, and may slow the development of frontier AI models when AI capabilities reach new stages. Previous reports noted OpenAI had considered delaying its IPO to 2027, with a potential valuation of up to $1 trillion. Meanwhile, Anthropic CEO Dario Amodei recently called for slowing frontier AI development, proposing that independent evaluation bodies be granted employee-level access to the company’s internal systems. Sam Altman later said: "I agree with Dario Amodei, CEO of Anthropic. We need to control the progress of frontier models, which has been a major topic of discussion at OpenAI recently. The commitment to giving independent evaluators employee-level access is a good idea, and we will do the same. We will share more news soon."

According to monitoring by Onchain Lens, Loracle sold $8.68 million worth of HYPE spot in the past 24 hours, incurring an approximate loss of $566,500. Data shows that this address has accumulated a loss of $16.57 million over the past 30 days, with a total historical loss of $28.64 million.

According to NBC reports, North Korea is using IT workers from third countries including Iran and Lebanon to help it infiltrate U.S. companies and secure funds to support its weapons programs. In July, the U.S. and multiple other nations issued alerts stating that North Korean IT personnel obtain contracts via remote work, remit earnings back to North Korean-linked entities, and may also pose internal security threats involving data theft, cryptocurrency theft, and sensitive information leaks. As the U.S. and other countries step up crackdowns, North Korea has begun leveraging third-country personnel to pass U.S. companies' recruitment interviews. NBC reports that these foreign IT workers are recruited on platforms like LinkedIn, with some earning roughly $500 per month in cryptocurrency as "interview assistants". Once a position is secured, the role is typically taken over by North Korean operatives. According to earlier CrowdStrike data, North Korea-linked hackers and threat actors caused over $2 billion in cryptocurrency losses in 2025, a 51% year-over-year increase.

S&P Global Market Intelligence’s second-quarter “Voice of the Customer” survey shows digital wallets have become a mainstream payment method for U.S. consumers, though cryptocurrencies, stablecoins, and AI agents still face significant trust and security barriers. The survey found 67% of respondents used digital wallets in the past 90 days, with 45% using them weekly. By contrast, 68% of U.S. consumers have never used cryptocurrencies, and 59% consider them to have no practical use. Stablecoins have a low awareness rate of just 16%, with top concerns including fraud risk (48%), fund security (46%), and perceived lack of necessity (39%). AI agents also have limited adoption, with 47% of respondents stating they would never allow AI to make purchases on their behalf. Among consumers willing to use AI for payments, most still require manual confirmation or only accept AI-driven recommendation models. S&P Global noted that regulatory clarity alone is unlikely to shift consumer attitudes toward stablecoins, as issuers still need to address core trust issues like fraud and fund security.

Swiss crypto asset platform Bitcoin Suisse stated in its 2026 Crypto Wealth Management Report that surging AI investments, rising government debt, and growing stock-bond correlation are eroding the risk-diversification ability of the traditional "stock-bond mix", further boosting the necessity of allocating to Bitcoin. The report projects that major U.S. cloud computing companies will exceed $800 billion in AI capital expenditure this year, potentially hitting $1 trillion by 2027. Bitcoin Suisse notes that AI investments are concentrated in a small number of tech firms, while related infrastructure construction is accompanied by large debt financing, which may further amplify concentration risks in investment portfolios. Backtesting of traditional portfolios by Bitcoin Suisse found that adding 1%, 2.5%, 5%, or 10% Bitcoin to portfolios consisting of stocks, bonds, gold, and money market assets improves both absolute returns and risk-adjusted returns. Specifically, when shifting bond allocations to BTC, the annualized yield rises from 6.2% (without BTC) to 7.2% with a 1% BTC allocation and 8.6% with a 2.5% BTC allocation. The report clarifies that Bitcoin is not a traditional safe-haven asset, but its scarcity and return drivers distinct from stocks and bonds are expected to provide a new source of diversification for investment portfolios.

OpenAI founder Sam Altman stated, “I agree with Dario Amodei, CEO of Anthropic, that we need to control the progress of frontier models. This has been a key topic in our recent discussions at OpenAI. The commitment to granting independent evaluators employee-level access is a good idea, and we will do the same. We will share more updates soon.” Earlier, Anthropic CEO Dario Amodei published a lengthy article arguing that the industry must slow the pace of advancing AI model capabilities. Slowing the pace does not mean halting model training or technological progress; rather, it is to ensure companies have sufficient time for AI alignment and model protection. Amodei also proposed that frontier AI companies in democratic countries coordinate to establish common safety standards.