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In brief Sam Bankman-Fried asked the Supreme Court on Thursday to overturn the fraud conviction that put him in prison for 25 years. Bankman-Fried’s petition calls review “urgently necessary” and follows the Second Circuit’s decision upholding the conviction in June. He has separately applied to President Trump for a pardon, a move the Senate unanimously opposed. FTX founder Sam Bankman-Fried has asked the Supreme Court to overturn the fraud conviction that put him in prison for 25 years, according to a petition reviewed by the New York Times.The odds are long. The court grants and hears argument in about 1%…

In brief Kun Chen used SpaceXAI’s shareable Grok Bot templates to build chatbot personas of Sam Altman, Elon Musk, Dario Amodei, and Mark Zuckerberg, trained on each executive’s public statements. The four bots spent multiple rounds fighting over AGI risk, compute, and open-weight models before signing a joint statement rejecting a future where one lab or government controls AI’s benefits. Grok Bot’s one-click template sharing shipped August 28, 2026, seventeen days after SpaceXAI launched the AI agent product itself. AI enthusiast Kun Chen cloned himself into a chatbot to stop his own AI agents from bugging him with every little…

In brief A BIS paper warns that AI is shortening the time banks have to repair software vulnerabilities. The authors say routine patching schedules are increasingly insufficient. Supervisors are urging faster fixes and better preparation to contain breaches and restore services. Advanced AI is leaving banks less time to fix software flaws before attackers exploit them, according to a new paper published by the Bank for International Settlements.The Financial Stability Institute paper, published on Wednesday, adds to recent warnings from AI developers and financial regulators that increasingly capable models are accelerating cyberattacks. The new report’s focus is on banks’ ability…

In brief Bitcoin fell 1.22% today to $77,323, unable to extend last week’s push above $80,000 as broader markets sold off on inflation fears. Bitcoin’s 50-day EMA is inches from crossing above its 200-day EMA—a golden cross projected to confirm around September 11. If it happen, it would be the first golden cross since the death cross of November 2025. It was a rough day to be an investor in risk assets. The S&P 500 dropped 0.59%, the Nasdaq fell nearly 1%, and Bitcoin gave back some of its recent gains as August’s Producer Price Index came in hotter than…

OpenAI’s latest mathematics breakthrough could bring automated theorem proving closer to smart-contract security workflows.On Sept. 8, the AI company said that roughly 10,000 concurrent AI agents produced a solution addressing the Navier-Stokes fluid-motion problem after about 88 hours. Formalization and verification in Lean, a software proof assistant, required another 17 hours using GPT-6 Astra.The system generated an analytical proof showing that an initially smooth fluid can develop a singularity in finite time while retaining finite energy, establishing cases C and D of the Millennium Prize formulation. OpenAI released both the proof and its Lean formalization for independent scrutiny. Related ReadingOpenAI…

In brief OpenDesign Arena scored DeepSeek V4.1 Flash at 81.2 out of 100 on real-world design tasks, 98% of GPT-6 Astra’s 82.7, while charging $0.023 per finished design against Astra’s $1.61. Of the 13 models tested—including Claude Fable 5.1, Grok 4.6, and Qwen 3.8-Max—11 scored lower than DeepSeek’s model and cost more to run. Only GPT-6 Astra scored higher. DeepSeek’s technical paper for V4.1 Flash shows the model activates just 8 billion of its 552 billion parameters to read a prompt, the design choice behind its low price. OpenDesign, the company behind the benchmark site OpenDesign Arena, ran 13 AI…

In brief Senate Republicans released an updated Clarity Act on Thursday. The draft would require non-decentralized trading protocols to register with the CFTC. A Senate procedural vote is scheduled for September 15. Senate Republicans released a revised Clarity Act on Thursday that targets “decentralized-in-name-only” crypto trading protocols.The new language would require non-decentralized protocols, that is those controlled by people or groups, to register with the Commodity Futures Trading Commission.Myriad: Will Congress pass the Clarity Act? Click to make your prediction.Sen. Cynthia Lummis (R., Wyo.) unveiled the 630-page updated legislation ahead of the September 15 procedural vote to pass the Clarity…

A business owner in Indiana lost more than $18,000 when scammers impersonating her bank tricked her into sharing login details. Vanessa Walker says she received a call claiming suspicious activity hit her Regions Bank business account, reports WRTV. “They were telling me if I didn’t do it, that my account was going to be locked for 90 days. As a business owner, that can’t be done. I was getting very frustrated.” Scammers directed her to a fake website displaying the bank’s logo where she entered her user ID and password. They then instructed her to dial codes that forwarded incoming…

Federal prosecutors are charging two people in California and one in Florida with paying Skid Row residents to forge ballot petition signatures using stolen voter identities. The U.S. Attorney’s Office for the Central District of California says James Brass, 47, also known as “Lord,” of Victorville was arrested with Courtney Price, 49, of Jacksonville, Florida, and Jateisha Herron, 33, of Boron, California. Brass allegedly received about $41,600 from coordinators working with a petition management company. All three face conspiracy charges while Brass and Price face an additional identity fraud count. Prosecutors say Brass and Herron signed false declarations claiming they…

In brief Base App is scheduled to rebrand back to Coinbase Wallet on September 8. Ryan Kass says the wallet will serve as Coinbase’s “test kitchen,” bringing users new trading experiences across multiple networks. Coinbase will continue supporting Base while moving away from the app’s previous approach to first-party social networking. Coinbase plans to rebrand the Base App back to Coinbase Wallet, restoring the product’s original name as its focus shifts toward trading across blockchain networks and away from its social-first ambitions.For Ryan Kass, Coinbase Wallet’s head of product, the rebrand reflects the app’s expansion beyond Base into a multichain…