Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

Beating AI Express News: OpenAI Codex product lead Tibo stated, "To ensure existing users get an excellent experience and can continue using Astra, we are pausing new subscriptions to the $200 monthly Pro plan. This plan puts the most strain on our systems, so we want to make the smallest adjustment possible to keep access open to as many users as we can. All other plans and API services remain fully operational. Existing accounts will not be affected at all, and we are working to add more capacity as quickly as possible."

US stocks closed Thursday: The Dow Jones fell 0.6%, the S&P 500 dropped 0.58%, and the Nasdaq declined 0.65%. Nvidia (NVDA.O) fell 2.2%, Intel (INTC.O) dropped 5.5%, SK Hynix (SKHY.O) declined 5.2%, while Apple (AAPL.O) gained 3.5%. Among crypto-related concept stocks: MSTR fell 3.12%, CRCL dropped 2.82%, COIN declined 1.40%, SBET fell 1.29%, PURR plunged 8.49%, and HOOD fell 1.69%.

Beating AI News Brief: OpenAI officially launches the Agents API beta, making available to all developers the agent framework and infrastructure previously used to power Codex and enterprise ChatGPT. Developers can directly build production-grade AI agents via the API, with billing based on token consumption and tool call volume. The Agents API prioritizes long-running and complex task execution: developers only need to specify the task, model, tools, and runtime environment in a single API call to create an agent. Its core capabilities include automatic context compression, parallel tool calls, and multi-agent collaboration, supporting agents to run continuously for hours or even days. OpenAI disclosed customer cases showing SafetyKit cut per-case processing costs by 60% after integration, Hypha reduced agent response failure rates by 86%, Cirridae’s evaluation score rose from 0.71 to 0.85, and latency dropped 4x. For infrastructure, the Agents API uses the same sandbox environment as Codex and ChatGPT, and has integrated partners including Blaxel, Cloudflare, DigitalOcean, Oracle, and Vercel, supporting various CPUs, GPUs, memory, and deployment environments. OpenAI added that the Agents API is built on the open-source Codex execution framework, and supports tools such as MCP, custom functions, and web search. This launch marks OpenAI’s expansion of Codex from an AI programming product into a developer-focused agent infrastructure platform.

U.S. Senate Republican lawmakers have released the revised text of the new CLARITY Act, with only days left until the first procedural vote on September 15. Sen. Cynthia Lummis and other Republican senators unveiled the 630-page revised bill on Thursday, stating that it has incorporated 114 amendments proposed by Democrats, and emphasizing that the legislation aims to establish the U.S.’s first comprehensive regulatory framework for crypto markets. The new bill adds regulatory provisions targeting "non-decentralized finance (DeFi) transaction protocols." Protocols meeting the definition would need to register with the U.S. Commodity Futures Trading Commission (CFTC), with supporting rules to be developed by the CFTC and the U.S. Department of the Treasury. Meanwhile, the bill further clarifies that DeFi-related provisions primarily apply to spot and cash digital commodity transactions. However, there remains significant uncertainty over whether the bill can move forward. The new text has no major changes to ethical provisions, which remain under the enforcement authority of the U.S. Department of Justice, while Democrats had previously pushed for granting state attorneys general more law enforcement powers. Additionally, issues such as stablecoin yields, illicit finance, and conflicts of interest related to Trump’s crypto assets remain major sticking points in bipartisan negotiations. The Senate will hold a procedural vote on advancing the CLARITY Act on September 15. Since 60 votes are required to move the legislation forward, and Republicans currently hold only 53 seats, Democratic support is critical for the bill’s progress.

Coinbase has rebranded its Base App to Coinbase Wallet, shifting the product’s focus from social features to multi-chain transactions. Ryan Kass, head of product at Coinbase Wallet, stated that the rename marks a return to the product’s core positioning of “trading all assets”, meaning users will be able to trade assets on any blockchain via the Wallet. The product currently supports assets including Solana, Hyperliquid perpetual contracts, and multi-chain tokenized stocks. Coinbase will continue using the Wallet as a “test kitchen” for new assets and trading experiences. Kass added that new products like Robinhood Chain and Hyperliquid perpetuals will first launch on the Wallet, before being rolled out to Coinbase’s retail trading platform once they mature. This adjustment signals Coinbase is moving away from the “super app” strategy it had adopted for Base App. Launched in 2025, Base App sought to integrate crypto trading, social, messaging, AI tools, and the creator economy, but growth in its social and creator token businesses failed to meet expectations. Now, Coinbase is refocusing its competitive efforts on trading entry points. Facing competition from emerging on-chain trading platforms such as Robinhood Chain, Coinbase aims to establish the Wallet as an on-chain trading gateway that “can buy anything, anywhere” by expanding multi-chain asset coverage.

Beating AI Express News: OpenAI has launched the "ChatGPT Financial Services Tool" targeted at investment bankers and equity researchers, aiming to drive AI adoption in financial institutions and compete with rival Anthropic for the enterprise market. OpenAI says the tool will integrate data sources including Daloopa, PitchBook, and London Stock Exchange Group news, along with the new GPT-6 Astra model, and will add the company’s next-generation AI models in the future. The product’s dataset covers earnings call transcripts, financial statements, and corporate fundamentals, and offers detailed citation features to help users trace the sources of data and insights. OpenAI notes the tool’s goal is to help financial teams conduct research, build financial models, and produce institution-compliant client materials more efficiently. OpenAI’s Vice President of Product Terry stated that the company is enabling ChatGPT to "conduct research like an analyst and support its conclusions in the same way an analyst would." Reports point out that OpenAI is steadily expanding its enterprise customer share, as enterprise business carries higher profit margins than its long-dominant consumer business.