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In brief Chloé Bakalar, OpenAI’s AI ethics lead, left the company last month without a public announcement, the Financial Times reported. She was OpenAI’s only dedicated ethicist and has not been replaced, according to a person familiar with her role. Her exit follows departures by OpenAI’s head of safety systems and its chief futurist. OpenAI’s head of ethics has left less than a year after joining, and the company has not replaced her, the Financial Times reported on Monday.Chloé Bakalar joined as AI ethics lead last August and departed in July with no public announcement, according to the paper. A…
Bitcoin developer Luke Dashjr, who backed the failed Bitcoin Improvement Proposal (BIP)-110, has been removed from his position as an editor of such proposals for the development of the Bitcoin network. The decision, voted on by other Bitcoin developers, was posted on the BIP Github Sunday. The BIP Github page, separate from Bitcoin Core’s repository, is where developers can make proposals to change Bitcoin. Dashjr called the decision “an abuse of power by Core,” adding: “They have no authority to do so.” This is just an abuse of power by Core.They have no authority to do so.— Luke Dashjr (@LukeDashjr)…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt.GM!Today’s top news: Crypto majors are slightly red down 1%; BTC at $64.4k ETFs flip to outflows breaking 5-day inflow streak Standard Chartered sets $200 target for LINK, cites tokenized asset growth Pump Fun hits new local high of $10M in weekly fees as social trading launches FWA ecosystem sees 2 new projects launch on top of it, token hits new local high ₿ Strategy Sells Bitcoin for a Third Week, Grows Cash PileStrategy sold 1,690…
In brief Coinbase is launching futures, perpetuals and options for professional investors in the UK, with more than 170 contracts across crypto, commodities, equities and FX. Perpetuals carry up to 50x leverage and trade around the clock, while dated futures go up to 20x. The launch follows the MiFID investment services authorization the FCA granted Coinbase in July. Coinbase is opening derivatives trading to professional investors in the UK, announcing on Tuesday more than 170 contracts spanning crypto, commodities, equities and foreign exchange, with leverage of up to 50 times.The offering covers three contract types, according to a post by…
A New York wealth management firm is notifying affected clients of a data breach that may have exposed personal and financial details. The Financial Guys found that an intruder gained entry to a single system within a third-party vendor’s computer network on July 9th, reports Claim Depot. Company officials quickly altered passwords, blocked remote connections and engaged cybersecurity specialists to investigate and secure the environment. Operations returned to normal shortly afterward, though certain data files could have been accessed by the unauthorized party. Exposed information potentially includes names, addresses, dates of birth, Social Security numbers, credit and debit card numbers…
In brief Permissionless access shows only that someone can enter the financial system, she argues, while inclusion depends on whether they can use it safely. Every user has an “error budget”: a $25 fee is an annoyance on a $10,000 transfer and a quarter of a $100 one. Sub-Saharan Africa recorded $205.7 billion in on-chain value in the year to June 2025, according to Chainalysis, with $92.1 billion of it in Nigeria. Web3 presents itself as a more inclusive financial system, open to anyone with a smartphone and internet access. And that’s significant progress for sure, but just because we…
Trump Media & Technology Group recorded a second-quarter net loss that ballooned to $238.1 million. The figure marks more than a tenfold jump from the $20 million loss in the same period last year, reports The Wall Street Journal. Most of the widening stemmed from non-cash unrealized losses totaling $190.4 million on digital assets, pledged digital holdings and equity securities. The company generated $1.7 million in revenue during the quarter, an 89 percent rise from $883,300 a year earlier. TMTG interim CEO Kevin McGurn said on Friday that the company is terminating a multibillion-dollar cryptocurrency treasury agreement with Crypto.com (CRO),…
In brief Brazil ranks 5th worldwide for crypto use and pulled in $318.8 billion on-chain in a year, according to a new report from CertiK. Virtual asset firms must file for Central Bank authorization by October 30, 2026, with an independent audit attached. Hackers and thieves took $1.32 billion from crypto in the first half of 2026 alone. Brazil is one of the world’s largest crypto markets, and its regulator has just set a hard date for pulling it under formal supervision. A new report from blockchain security firm CertiK lays out what the rules require and why they matter for…
In brief Wall Street lenders are factoring community opposition into credit-risk assessments for data center projects. At least 75 projects worth roughly $130 billion faced local opposition in the first quarter of 2026. Banks remain interested in AI infrastructure but are paying closer attention to permitting and community resistance. Wall Street banks financing the AI data center boom are paying closer attention to opposition from communities where projects are planned.According to a report by Reuters on Monday, banks and asset managers are increasingly weighing local resistance when deciding whether to finance data centers, as protests and permitting disputes raise the…
Ethereum treasury company SharpLink reported a $1.08 billion net loss for the six months ended June 30. Its Aug. 7 quarterly filing attributes most of that result to price-related accounting charges. Much of the company’s treasury is staked, making conversion time a material part of its liquidity profile.The filing attributes $827.7 million of the loss to an unrealized decline in the value of ETH and another $267.8 million to impairments of LsETH and weETH, tokens representing liquid staking and restaking positions. Those predominantly non-cash charges exceeded the net loss because other results partly offset them.The six-month loss was 934.3% above…
In brief AUSTRAC suspended Cryptolink’s VASP registration for three months from August 9, shutting its 96 crypto ATMs. The trigger was missed “basic reporting obligations,” especially threshold transaction reports, plus ignored information requests. It follows an October 2025 enforceable undertaking and a $56,340 fine the company already paid. Australia’s financial-crime regulator AUSTRAC has pulled the plug on the country’s largest Bitcoin and crypto ATM network.The Australian Transaction Reports and Analysis Centre said on Monday it suspended Cryptolink Pty Ltd’s registration as a Virtual Asset Service Provider, or VASP, for three months, effective August 9, after the company failed to keep…
In brief Vitalik Buterin says Ethereum has elevated quantum security and privacy since its 2023 roadmap. Ethereum researchers are increasingly relying on STARKs and AI-assisted formal verification. The roadmap also includes native rollups and explores a future beyond the EVM. Ethereum co-founder Vitalik Buterin says quantum resistance, privacy, and AI-assisted security have become greater priorities for Ethereum since he published his 2023 roadmap.In a post on X on Monday, Buterin said he updated his 2023 roadmap to compare its original goals with Ethereum’s current “Strawmap”—a working outline of the network’s long-term technical priorities.“What’s most striking, however, is that some completely…