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The Wall Street Journal reported that a small group of artificial intelligence researchers is discussing how to avoid catastrophic artificial intelligence risks in a co-working space named Constellation in Berkeley, California. Sources close to the space indicated that employees from Anthropic also have office space there. The report noted that Anthropic researcher Jacob Coxon resigned this month, bringing public attention in the U.S. to the notion that "uncontrolled AI development could end humanity."The report stated that individuals in the relevant AI safety circles have been concerned about this issue for over a decade. They have honed their arguments in shared houses in the Bay Area and exchanged predictions at conferences in Berkeley and the Bahamas, discussing ideas such as purchasing remote islands, stockpiling iodine tablets, or relocating to desert electromagnetic shielding bunkers. A cocktail named "Death With Dignity" appeared on the drink menu at an event in 2022, referencing an article that suggested humanity is doomed to fail.The Wall Street Journal stated that these so-called doomsayers are among the earliest employees of OpenAI and Anthropic, both of which were founded on the principle of preventing AI dangers. They continue to exert influence, with some personnel and project funding coming from networks associated with effective altruism, including the former CEO of the now-defunct cryptocurrency exchange FTX, Sam Bankman-Fried; the report noted he is currently serving a 25-year prison sentence.

The Financial Conduct Authority (FCA) of the United Kingdom, in conjunction with Her Majesty's Revenue and Customs (HMRC) and the Metropolitan Police Service, conducted raids at multiple locations in London targeting three suspected illegal peer-to-peer cryptocurrency trading venues, issuing cessation notices to the relevant operators, demanding an immediate halt to unregistered cryptocurrency activities.The FCA emphasized that any business engaging in peer-to-peer cryptocurrency trading activities in the UK must complete anti-money laundering registration, and currently, there are no peer-to-peer cryptocurrency trading businesses registered with the FCA within the UK.

The sandwich attack bot operated by JaredfromSubway.eth has extracted a total of 117,007 ETH since March 2023, amounting to approximately $295 million at current prices. In June 2026, an anonymous attacker deployed 66 counterfeit token contracts, using the bot's automated trading logic to steal at least $7.5 million in ETH and stablecoins, transferring the funds to Tornado Cash; the related assets have not yet been recovered.Sandwich attacks are a form of Maximum Extractable Value (MEV): the bot monitors large transactions in the Ethereum public mempool, buys before the target transaction, and sells after the transaction drives up the price, extracting profits from the price difference. As of August 28, the main contract of the bot has received a total of 117,007 ETH.MEV-Boost block construction is concentrated among a few participants, with relay.ultrasound.money, Titan Relay, and bloXroute relays forwarding approximately 85% to 88% of the relevant blocks within a 24-hour window; Titan's builders independently assemble 50.3% of the blocks. The monthly extraction amount from sandwich attacks has decreased from about $10 million at the end of 2024 to about $2.5 million in October 2025.

According to CoinDesk, the UK's HM Revenue and Customs (HMRC) has disclosed cryptocurrency earnings data separately for the first time in personal income tax returns. In the 2024-2025 fiscal year, a total of 240 taxpayers reported capital gains from cryptocurrencies exceeding £1 million (approximately $1.36 million), while 17,600 individuals reported taxable gains from cryptocurrency disposals, totaling £1.38 billion (approximately $1.87 billion), with an average of about £78,000 per person, of which nearly 90% were male.HMRC stated that it has begun implementing the OECD's cryptocurrency reporting framework, which requires cryptocurrency service providers to submit customer data to tax authorities, with the expectation of receiving relevant data starting in 2027 to cross-check taxpayer reporting information. In addition, HMRC mentioned that in the 2024-25 fiscal year, an additional £168 million (approximately $228.2 million) in capital gains tax was collected through compliance and educational activities.

According to Business Insider, Thomson Reuters launched its first self-developed AI model, Thomson-1, on Monday. This model is based on Snowdon and constructed through "re-alignment" of Alibaba's open-source Qwen model. Open-source means anyone can download and modify the model for free. Thomson-1 will take over some tasks previously handled by Anthropic's Claude, but it is not intended to completely replace collaboration with Anthropic and other labs, initially focusing on the company's areas of expertise, starting with document review.This move aims to address the high AI costs brought by models like Claude and OpenAI Codex, and reflects the use of cheaper Chinese open-source AI. CTO Joel Hron stated that the main reason is to better leverage Thomson Reuters' own expertise and control costs. The company expanded its collaboration with Anthropic in May this year for the AI legal assistant CoCounsel, which still primarily relies on Claude. Hron said, "Our main goal is to gradually make Thomson the model that drives more and more capabilities for CoCounsel."Thomson Reuters, in collaboration with a team from Imperial College London, spent months transforming Qwen to build Snowdon and ensured it is "ethically and politically bias-processed and safe to use." Hron pointed out that having a proprietary model allows for development based on its own intellectual property rather than continuously paying external AI companies, comparing it to renting versus buying a house: renting provides shelter but does not accumulate long-term equity.

The UK’s HM Revenue and Customs (HMRC) has sent out 81,000 warning letters to cryptocurrency investors suspected of unpaid taxes over the past 12 months, an increase of 25% from approximately 65,000 letters in the previous year. These letters aim to prompt recipients to disclose unpaid taxes, after which HMRC will initiate a formal investigation.Cryptocurrency exchanges, using tokens to purchase goods or services, and gifting tokens to others may all constitute taxable disposals. Income generated from activities such as lending and staking may be subject to income tax rules, and UK residents are generally required to pay tax on relevant income and gains worldwide.Rules set to be implemented in April 2027 will apply a no gain, no loss treatment to eligible crypto lending and automated market-making arrangements until an economic disposal occurs, expected to affect around 700,000 individuals. The crypto asset reporting framework requires service providers to submit transaction data for 2026, covering the reporting period from January 1, 2027, to May 31, 2027. It is anticipated that 52 jurisdictions will exchange relevant data in 2027, with an additional 15 jurisdictions joining in 2028.

GameFi project DeFi Kingdoms announced that its DFK Chain, based on Avalanche L1 (formerly Avalanche Subnet), will officially cease operations on August 28, 2026.The team stated that they will prioritize the secure migration of player assets to Avalanche C-Chain and plan to open the SDK to allow third-party developers to build on the systems, mechanisms, and assets of DeFi Kingdoms.The official emphasized that it is the DFK Chain that is ceasing operations, not the DeFi Kingdoms project itself, and more details about the asset migration will be announced in the coming weeks.

According to the Financial Times, after three years of combating cryptocurrency tax evasion, the UK's HM Revenue and Customs has recovered over £8 million in taxes by reaching settlements with hundreds of cryptocurrency investors. Data obtained through a Freedom of Information Act request shows that in the past two years, 502 crypto investors reached disclosure settlement agreements with HMRC regarding unpaid taxes. In the 2024/25 tax year, a total of 280 individuals settled with HMRC, paying a total of £3.5 million. In the 2025/26 tax year, the number of settlements decreased to 222, but the total amount increased to approximately £4.8 million.

According to Gelonghui, Atoms, a robotics company founded by Uber co-founder Travis Kalanick, has completed a $1.7 billion financing round led by Andreessen Horowitz (a16z), with Ben Horowitz joining the board. The equity investors in this round include Bain Capital, Fifth Wall, Chemistry, A*, K5 Global, Abstract, SV Angel, Alpha Square Group, and Uber.Horowitz focused the logic of this investment on specialized robots rather than humanoid robots. He pointed out that in heavy industry, specialized robots are much more suitable for completing most tasks than humanoid robots.

According to Onchain Lens monitoring, the attacker of the MEV bot "JaredFromSubway" transferred 2000 ETH ($3.44 million) through Tornado Cash, sold 1422 ETH to obtain 2.446 million DAI, and currently has only 5 ETH ($8,630) left.

According to monitoring by PeckShieldAlert, the attacker of the MEV bot JaredFromSubway stole 1,474.58 WETH, 2.87 million USDC, and 2 million USDT. The attacker exchanged the stolen funds for 4,400 ETH and has deposited 1,000 ETH into TornadoCash. Previously, it was reported that the MEV bot JaredFromSubway was attacked, resulting in approximately 7.5 million dollars worth of assets being stolen.

According to on-chain analysts, the well-known Ethereum MEV bot JaredFromSubway was attacked, resulting in a loss of approximately $7.5 million. The attacker constructed a false MEV arbitrage path, inducing the bot to automatically generate token approvals, and under the condition that the approvals were not revoked, used the open authorization to transfer WETH, USDC, and USDT from the bot's contract, with the funds ultimately flowing to the attacker's wallet address. Analysis indicates that this attack was not a traditional phishing or smart contract vulnerability, but a targeted exploitation of the bot's automation execution mechanism.

Analyst Murphy stated that during the two bear market bottoms in February 2019 and January 2022, the number of BTC losses was 10.6 million coins. If this pattern continues in the current bear market, the corresponding bottom price would be around $60,000. Whenever the amount of BTC losses in circulation reaches a certain critical value, the supply side may become exhausted, making it difficult for the price to continue to decline. On February 5, 2026, when BTC fell to $60,000, the loss amount was close to 9.93 million coins. If it returns to $60,000 again, the current BTC chip structure's loss amount will reach 10.6 million coins, which may coincide with the previous bear market bottom.

According to Zhejiang Daily, recently, the Ningbo Customs Anti-Smuggling Bureau successfully dismantled multiple criminal gangs smuggling virtual currency "mining machines" through in-depth operations and meticulous investigations, effectively cutting off an illegal industrial chain.Previously, during a routine inspection of a batch of imported express shipments declared as "industrial blockers," Ningbo Customs discovered that the actual goods did not match the declaration and were, in fact, virtual currency "mining machines." Customs officers quickly transferred this lead to the anti-smuggling department. After receiving the report, the Ningbo Customs Anti-Smuggling Bureau immediately assembled a task force by drawing on elite personnel, and through data analysis and clue investigation, gradually clarified the organizational structure and operational model of the criminal network. When the timing was right, they decisively struck, simultaneously conducting net-seizing operations in Dongguan, Shenzhen, and other locations, successfully dismantling multiple smuggling gangs of mining machines.Upon investigation, it was confirmed that this series of cases seized over 400 illegal entry mining machines of brands such as Ant L9 and Ice River KS3. The investigation revealed that the smuggling gang led by Liao, in order to make illegal profits, procured "mining machines" from overseas suppliers, disassembled the whole machines, and misreported the product names to smuggle them into the country through international express channels from ports in Ningbo, Guangzhou, and other places. After the goods entered the country, the gang reassembled them, either selling them directly domestically or transporting them to hidden "mining sites" in Xinjiang, Hunan, and other places to engage in illegal virtual currency "mining" activities. At the same time, they utilized virtual currencies like USDT for cross-border payment settlements to evade financial supervision.

According to the Zhejiang Daily, the Ningbo Customs Anti-Smuggling Bureau in Zhejiang, China, recently cracked multiple cases of smuggling virtual currency mining machines, dismantling several criminal gangs and seizing over 400 mining machines of models such as Ant L9 and Ice River KS3.The report states that the involved gangs misrepresented the mining machines as "industrial block devices" and smuggled them into the country through international express channels from ports in Ningbo, Guangzhou, and other locations. They then reassembled the machines and sold them domestically or transported them to mining sites in Xinjiang, Hunan, and other areas for hosting and mining.Investigators stated that the relevant gangs also used USDT for cross-border payment settlements to evade financial regulation.

According to New Daily, the Financial Supervisory Service (FSS) of South Korea, the Customs Service, the Credit Finance Association, and nine credit card companies in the country signed the "Public-Private Cooperation Agreement to Block Transnational Criminal Funding" on the same day. The plan aims to cut off the funding chain for telephone fraud and virtual asset crimes at the source by analyzing overseas credit card usage details and entry and exit records.In the past, due to information gaps between agencies, the Customs Service had entry and exit data but could not monitor abnormal overseas consumption in real-time, while credit card companies had payment data but did not have access to cardholders' customs clearance dynamics. Under the new mechanism, the Customs Service will provide credit card companies with information on high-risk transaction trends, while the Financial Supervisory Service will establish guidelines authorizing credit card companies to take effective measures such as interrupting transactions when abnormalities are detected.Lee Chan-jin, the head of the Financial Supervisory Service of South Korea, stated that this move signifies that South Korea has established a normalized monitoring system to block the outflow of criminal proceeds at the source. The system will focus on precisely targeting currency exchange behaviors that involve cash withdrawals at overseas ATMs using overseas credit cards and laundering through cryptocurrencies.

According to The Block, the UK's HM Revenue and Customs (HMRC) is exploring the procurement of blockchain forensic software and investigative support services to enhance its efforts against money laundering and tax fraud involving digital assets.A market research announcement released this week indicates that HMRC plans to procure licensing and investigative support services, covering functionalities such as blockchain data queries, cross-chain transaction tracking, attribution analysis, risk scoring, and data visualization. The proposed total contract value is approximately £3.42 million (about $4.6 million), for a duration of three years, with the possibility of extension until March 2030. The contract includes 55 annual software licenses and 20 corresponding investigative support hours, along with investigator training.Colby Mangels, former OECD advisor and Head of Global Government Solutions at Taxbit, stated that this move reflects the global government's emphasis on building compliance infrastructure for digital assets. Investigative work increasingly relies on cross-chain tracking, forensic analysis, and real-time blockchain data access, demonstrating the UK's commitment to setting an example in crypto compliance and regulatory transparency.

According to Jinshi reports, Federal Reserve official Kashkari stated that as the shadow of war looms over the outlook, the Federal Reserve can choose to wait and see.