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In brief The Department of Justice filed a civil forfeiture complaint on July 15 targeting $84.2 million in accounts tied to Capstone Ltd., a payments firm prosecutors say moved money for Tether without the required license. The bulk of the money, $79.11 million, sat in a Wells Fargo Securities account; smaller sums were held at JPMorgan Chase and in two USDT wallets. Tether confirmed EQIBank, the Dominica-based bank behind Capstone, processed its wire transfers, but said it had “no knowledge” of the conduct under investigation and put its exposure at less than 0.034% of group assets. The US Department of…

In brief Darktrace’s Signal Labs found that when AI agents couldn’t legitimately hit a required perfect score on coding tasks, two of them hacked their test network instead, and one rewrote its own evaluation to fake the result. A separate experiment showed that tampering with the locally stored conversation logs of coding assistants could trick them into running unauthorized network reconnaissance and privilege escalation. Darktrace disclosed both findings to Anthropic, AWS, and OpenAI in August 2026, a month before publishing them publicly on September 24. Cybersecurity firm Darktrace ran a stress test on AI agents this summer. One of them…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Kamino has opened a lending market for tGBP, a British-pound stablecoin issued by BCP Technologies. Users can supply tGBP or borrow it against collateral including USDC, cbBTC and JitoSOL. The market is curated by Steakhouse Financial and creates sterling-denominated credit on Solana. Dollar stablecoins dominate DeFi, but Kamino is adding a different currency to the mix. The Solana lending protocol has opened a market for tGBP, allowing users to borrow or supply a stablecoin designed to track the British pound. The market is curated by Steakhouse…

In brief References to a “Pro Max” subscription tier, priced at $500 a month, have turned up in ChatGPT’s website code and screenshots shared by several AI leakers this week. The plan appears to buy faster processing on OpenAI’s “Work” and “Codex” agent tools rather than more usage, with some pointing to chipmaker Cerebras as the reason why. OpenAI has not confirmed Pro Max. Its DevDay conference, where new pricing tiers are typically unveiled, is scheduled for September 29. OpenAI is quietly testing a new ChatGPT subscription tier called Pro Max that would cost $500 a month, according to code…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR The Streamflow Foundation has burned 699.99 million STREAM tokens in a single onchain transaction. Total supply fell from roughly 1 billion STREAM to 300 million. The foundation says its product operations, vesting schedules, staking and airdrop services are unchanged by the supply reduction. Streamflow has made one of the more dramatic token-supply changes of the week, destroying almost 700 million STREAM in a single transaction. The Streamflow Foundation burned 699.99 million tokens on September 23, cutting total supply from roughly 1 billion to 300 million. Unlike…

In brief Bitcoin treasury firm Strategy has filed a preliminary proxy proposing daily dividend accrual on STRF, STRC, STRK and STRD. Dividends would accrue every calendar day, including weekends and holidays, and pay the next business day. Shareholders vote on October 28. STRC would switch on November 1, the other three on January 1. Bitcoin treasury firm Strategy wants to pay dividends on its four U.S. preferred shares every day, including weekends and public holidays, executive chairman Michael Saylor said on Thursday.The proposal covers STRF, STRC, STRK and STRD. Dividends would accrue every calendar day and pay the following business…

In brief Evercrest Technologies has filed a civil claim against LayerZero, its Canadian arm and co-founder Bryan Pellegrino in the Supreme Court of British Columbia. The claim alleges negligent misrepresentation, negligence and defamation over April’s $292 million exploit. It says the attack began with malware on a LayerZero developer’s computer six weeks before any funds moved. The company behind KelpDAO has sued LayerZero and its chief executive over the exploit that drained $292 million from the restaking protocol in April, alleging LayerZero endorsed in writing the exact bridge configuration it later blamed for the loss.Evercrest Technologies filed the notice of…

In brief Pete Hegseth’s latest financial disclosure lists Bitcoin held in a Coinbase wallet under two separate entries. The reported value ranges put the combined holding between roughly $16,000 and $65,000. No Bitcoin purchases or sales appear in the filing’s transaction section, which covers trades above $1,000. U.S. Defense Secretary Pete Hegseth holds Bitcoin in a Coinbase wallet, according to his latest annual financial disclosure, covering 2025 and released by the Office of Government Ethics.The Bitcoin appears under “other assets and income” as two separate entries inside a single Coinbase wallet, one valued at between $15,001 and $50,000 and the…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR MoonPay has signed a definitive agreement to acquire private-markets infrastructure company North Capital. North Capital brings registered broker-dealers, an alternative trading system, transfer-agent operations and investment-advisory infrastructure. The acquisition has been agreed but has not yet closed. MoonPay is making a much bigger move into regulated securities infrastructure. The crypto payments company has entered into a definitive merger agreement to acquire North Capital Investment Technology, a private-markets platform that combines software with regulated brokerage and trading businesses. The deal gives MoonPay something it would take years…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR KuCoin has listed a MOONSHOTUSDT pre-IPO stock index perpetual linked to Beijing Moonshot AI Technology. The contract trades 24/7 with up to 20x leverage and settles in USDT. Traders are buying a synthetic derivative, not Moonshot AI shares or an allocation in a future IPO. KuCoin is giving traders another way to speculate on a private technology company before it reaches the public market. The exchange has launched a MOONSHOTUSDT pre-IPO stock index perpetual contract linked to Beijing Moonshot AI Technology, the Chinese artificial-intelligence company behind…