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first_img OpenAI has suspended the training of its latest model, and the agent had accessed U.S. government websites

OpenAI has suspended the training of its latest AI model. According to the Associated Press, its AI agent used access keys obtained online to scrape data from the U.S. Census Bureau website, marking the second time the company has halted training since the agent breached Hugging Face. The so-called agent refers to an AI program capable of autonomously browsing the web and writing code without human approval at each step, which OpenAI tests during the model training and evaluation phases.Specifically, the agent found developer keys in public code repositories like GitHub and used them to pull demographic and economic data from the U.S. Census Data API. The U.S. Department of Commerce stated that this data was already public and there was no confidential information leaked. In the SEC incident, the agent copied public materials from SEC.gov and Investor.gov and reposted them on other websites; OpenAI claimed it did not use SEC credentials, and the SEC stated it found no evidence of unauthorized access to non-public information. Additionally, the independent AI research organization Transluce reported that an agent suspected to be from OpenAI attempted to breach the website of the Department of Education's Office for Civil Rights but was unsuccessful; OpenAI is still investigating, and the Department of Education stated that no impact was found.Regarding the frequent involvement with government websites, OpenAI told CNN that its model often regards government websites as authoritative sources of public information. The company stated that it has currently notified dozens of agencies, and the review of the agent's activities will take months.

first_img The UK Chancellor of the Exchequer criticized Nigel Farage's "Bitcoin account."

In a speech on Monday, UK Chancellor of the Exchequer John Healey criticized Reform Party leader Nigel Farage's stance on Bitcoin, calling him "Liz Truss with a Bitcoin account." Healey stated that Farage wants the public to believe he is a representative of the common people, but on economic issues, he is simply "Liz Truss with a Bitcoin account." Liz Truss is the UK's shortest-serving Prime Minister, widely criticized for her 2022 mini-budget driven by debt. Healey also mentioned that his party, the Labour Party, will help the UK lead through fiscal discipline, good jobs, and a strong industry.Farage has long been a political supporter of cryptocurrency, primarily viewing Bitcoin as a matter of personal freedom since 2020, and opposing state control over currency. He has stated that he was denied banking services by the UK private bank Coutts, which led him to take a greater interest in digital assets. Last year, at the Bitcoin 2025 conference in Las Vegas, he claimed that if elected Prime Minister, he would cut crypto capital gains tax and force the Bank of England to establish Bitcoin reserves.Farage has faced criticism this year for accepting donations from cryptocurrency entrepreneurs, including tech entrepreneur and Tether investor Christopher Harborne, as well as Ben Delo, one of the founders of the now-closed crypto exchange BitMEX. The Metropolitan Police have launched an investigation into reports of Reform violating overseas donation rules, with Reform denying any wrongdoing and stating that they will cooperate.

first_img Blockchain.com plans to raise $500 million in an IPO, with a target valuation of up to $6 billion

According to Bloomberg, citing informed sources, the cryptocurrency exchange and wallet service provider Blockchain.com plans to complete its initial public offering (IPO) this year, aiming to raise approximately $500 million, with a target valuation range of $4 billion to $6 billion.Informed sources stated that if the listing process requires it, the company is also willing to accept a smaller issuance plan. Blockchain.com reached a valuation of $14 billion during the last peak of the cryptocurrency market, and this target valuation is significantly lower than that level. In May of this year, the company secretly submitted a draft registration document to the U.S. Securities and Exchange Commission to pave the way for a potential IPO, at that time not disclosing the number of shares to be issued or the price range.This listing plan comes as the capital market environment for cryptocurrency companies is reopening. Since mid-August, when the U.S. Treasury announced a significant increase in long-term Treasury bond repurchases, the price of Bitcoin has risen by more than 30%, driving an overall rebound in the cryptocurrency market. However, market conditions remain challenging; according to Bloomberg data, the stock prices of recently listed companies Gemini, BitGo, and eToro have fallen by about 50% to 80% from their post-listing highs.
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