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In brief Unitree shares have risen about two-thirds since Oct. 15, closing at 672 yuan on Monday and lifting the Chinese robot maker’s market value to 271.8 billion yuan ($40.8 billion). Founder Wang Xingxing said at an Oct. 22 conference that large models will break through in physical AI within one to three years, and that OpenAI’s GPT-6 Astra can already direct robots with zero training. JPMorgan upgraded Unitree to overweight from underweight on Oct. 26 and raised its price target. Shares of Chinese robot maker Unitree Robotics have jumped more than 60% since Oct. 15, lifting its market value…
In brief OpenAI released GPT-6.1 Terra on October 26, with standard API prices 50% lower than GPT-5.6 Terra. It is available to Plus, Pro, Enterprise and Edu users in ChatGPT Work and Codex, and to developers as gpt-6.1-terra. In OpenAI’s internal test, Terra’s rate of factual errors at low reasoning effort fell from 53.6% to 16.7%, and at maximum effort it solved 50.3% of Terminal-Bench 4.0 tasks versus 21.5% for GPT-5.6 Terra. OpenAI released GPT-6.1 Terra on Monday, an upgrade to the middle model in its lineup that it says costs developers 50% less than GPT-5.6 Terra and handles computer…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum co-founder Vitalik Buterin supports Moonshot AI’s choice to leave advanced offensive hacking material out of its Kimi K3.1 Pro model. TL;DR He says restricting what a model can do is far better than restricting who may use it, and fears AI security failures could trigger identity checks and surveillance. Moonshot’s own tests show the filtered model solving 81% of exploit tasks versus 90.5% unfiltered; open weights are due by November 4. Those numbers are Moonshot’s and have not been independently verified. Buterin Sides With Restraint In…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin had a bumpy stretch. After reaching roughly $83,800 on October 13, the flagship asset slid to a weekly trough near $80,100 two days later, as traders reacted to a hotter-than-forecast inflation reading and a sharp pullback in AI-linked stocks. TL;DR Bitcoin dipped to about $80,100 before recovering toward $81,000 as hot inflation data and a tech sell-off weighed on risk assets. Crypto investment products lost $593.3 million in a week, with Ethereum funds hit hardest. MSCI’s new index rules could push Strategy and other bitcoin treasury…
In brief Canada’s draft stablecoin regulations, published October 24, open a 60-day comment period, with the rules targeted to take effect in fall 2027. Issuers would hold one-to-one reserves with Canadian custodians, redeem within three business days for no more than a 1% fee, and could not pay interest for holding a coin. Penalties run up to C$10 million for very serious violations, with the Bank of Canada supervising issuers. Canada proposed rules on Saturday that would force companies issuing stablecoins—crypto tokens designed to hold a steady value, usually one U.S. dollar—to keep real money behind every coin and hand…
Vultisig, a crypto wallet that uses shared signing, mishandled a critical stop signal in its ECDSA signing implementation, as security researchers at ChainSecurity found.The researchers’ Oct. 21 disclosure describes how continuing after the error could let one already-compromised signer recover the full private key.Both the Android and iOS maintainers described code that retried after the library identified a malicious participant, then added handling to stop those retries and warn the user. The changes appear in subsequent repository release notes.Requiring several devices offers protection only if the software preserves that requirement when one participant starts misbehaving.A multi-party computation wallet (MPC wallet) distributes…
In brief The CFTC and NBA signed a memorandum of understanding to protect the integrity of professional basketball in prediction markets, agreeing to share information and flag abuses like insider trading and fraud. The NBA joins MLB and NHL in partnering with the regulator. It lands amid a federal-vs-state jurisdiction fight—the CFTC is defining event contracts as “swaps,” the NFL is battling Kalshi at the Supreme Court and has balked at signing on. The NBA has struck a deal with the top U.S. derivatives regulator to help police prediction markets, becoming the latest major sports league to formalize an integrity…
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